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$100 Billion Fine For Web Gambling Ban

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The World Trade Organization is seeking $100 Billion in compensation from the United States from their ban on internet gambling. The view of the WTO is that the US has reneged on commitments to the organization.

Read more: $100 Billion Fine For Web Gambling Ban

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Join: 2006/12/07 Messages: 29893
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Manne wrote:

The World Trade Organization is seeking $100 Billion in compensation from the United States from their ban on internet gambling. The view of the WTO is that the US has reneged on commitments to the organization.

Read more: $100 Billion Fine For Web Gambling Ban

😄

What exact authority over the USA does the World Trade Organization actually have? What kind of jurisdiction is involved?
Join: 2007/08/13 Messages: 121
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Manne wrote:

The World Trade Organization is seeking $100 Billion in compensation from the United States from their ban on internet gambling. The view of the WTO is that the US has reneged on commitments to the organization.

Read more: $100 Billion Fine For Web Gambling Ban

😄

The WTO last December upheld Washington’s right to prevent offshore gambling, but said the U.S. could not target offshore and online casinos without applying the same rules to American operators of off-track horse and dog race betting.

Read more: Antigua battle with the United States over Internet gambling
Join: 2006/12/07 Messages: 29893
Quote
0
Manne wrote:

The WTO last December upheld Washington’s right to prevent offshore gambling, but said the U.S. could not target offshore and online casinos without applying the same rules to American operators of off-track horse and dog race betting.

Read more: Antigua battle with the United States over Internet gambling

Hopefully, they will find an answer to this problem and stop further conflicts that might damage the gambling industry.
Join: 2007/10/30 Messages: 59
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