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Key meeting on WTO confrontation this week between top officials
After years of litigation and manoeuvering, an end may be sight this week for the World Trade Organisation dispute over online gambling between the governments of Antigua and Barbuda and the United States. Officials from the two sides are gathering in Washington Friday (23 May 2008) to seek a final resolution.
The move comes as pressure builds on the United States Trade Representative over its unilateral withdrawal of gambling obligations in its WTO agreements, which has led to compensation claims from several member nations, among them the 27 state European Commission.
Actions this year by the European-based Remote Gaming Association and the US-based Public Citizen organisation are questioning the deal between the USTR and EU negotiators and pressing for disclosure of details of the compensation package, whilst the Antiguans have temporarily suspended a WTO arbitration process in the hope of a more amicable agreement with the Americans.
Antiguan Finance Minister Dr. Errol Cort is currently in Washington and will lead his country's delegation at the high level meetings, reports The Antigua Sun newspaper. First prize for the Antiguans at the meeting will be some sort of agreement giving access to the United States online gambling market to companies licensed in the Caribbean jurisdiction.
The Sun reports that earlier this year, the Antiguans submitted a confidential proposal to resolve the issue, and in return received a counter-proposal from the USTR, details of which were not disclosed. The Antigua government rejected the counterproposal, and negotiations resumed, with neither party prepared to comment on the main areas of disagreement.
There is a time constraint on the current negotiations, because the jointly agreed suspension of legal hostilities ends on June 6, after which the WTO action will recommence.
Following this week's Washington meetings, Minister Cort is due to attend the 38th annual gathering of the Caribbean Development Bank in Canada. This is attended by high ranking government ministers from other Caribbean nations, international bankers and representatives of major global organisations who will no doubt be interested in the outcome of the Washington talks.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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