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European Commission Wto Update
The European Commission probe into the activities of US enforcement authorities in pursuing European online gambling companies and executives appears to be nearing a conclusion, according to reports from the Reuters news agency this week. And sources close to the probe have said that unless a negotiated solution can be found, it is likely that the investgating officials will recommend that a WTO action against the USA be launched.
The Remote Gaming Association in the UK, comprised of many large online gambling groups, led the charge last year in pressuring the EU to bring its influence to bear in the issue following World Trade Organisation disputes originally between the US and Antigua over inequitable and protectionist anti-online gambling legislation.
The action eventually led to the US withdrawing its gambling obligations under the GAT at the WTO, thereby incurring penalties, many of which are still being kept under wraps as a matter of 'national security.' The Antiguans continue to negotiate for a fairer deal with the support of the WTO.
Many European companies also felt that the zeal of US enforcement officials was unfairly and exclusively focused on non-American entities when it came to "illegal" online gambling allegations, and that legislative carve-outs for US companies involved in Internet betting on horse races, state lotteries and fantasy sports was unfair and commercially protectionist.
"The report next month will back the EU's position, but the Commission intends to deliver its findings to Washington which it hopes will persuade the U.S. to start bilateral talks to find a solution without going to the WTO," one source told Reuters. "A case would take a very long time tied up at the WTO and in the current spirit of avoiding protectionist moves in line with the G20 (Group of 20 emerging and industrial nations) statement, action should be avoided."
European Internet gambling companies lost billions of Euros in market value after the U.S. Congress moved in 2006 to shut down the U.S. market by making it illegal for banks and credit card companies to make payments to online gambling sites.
Many publicly traded European companies, such as PartyGaming, Sportingbet and 888.com, withdrew from the United States after Congress passed the 2006 Unlawful Internet Gambling Enforcement Act in a late night session attached to an unrelated but "must pass" security law.
The European Commission, acting on an industry petition, began a formal investigation in March into whether Washington was singling out EU companies for enforcement actions while allowing U.S. online companies to operate freely.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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