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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.
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To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
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NHL Odds: Lone Canadian Team Plays on Friday -
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NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
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NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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