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Gambling: U.S. - E.U. TIME FOR PROGRESS
10/15/09 - Back in June this year, following an investigation into discriminatory US online gambling policies which discouraged foreign competition, the EU issued a statement and its report.
The report concluded that the US measures and enforcement "...constitute an obstacle to trade that is inconsistent with World Trade Organisation rules. As a result, WTO [dispute] proceedings would be justified."
However, the report suggested that it was preferable that a dialogue be opened with the US Administration, with a view to finding a negotiated solution before taking WTO procedures further.
"Internet gambling is a complex and delicate area, and we do not want to dictate how the US should regulate its market," said EU Trade Commissioner Catherine Ashton at the time. "However, the US must respect its WTO obligations. I hope that we will be able to reach an amicable solution to this issue."
To date there have been no further statements, indicating that the negotiations are turning out to be more protracted than anticipated, despite a more enlightened and communicative US administration now in power under President Barack Obama. This is a situation with which the Antiguans will have some sympathy, having experienced similarly long-winded negotiations themselves with the US Trade Representative.
European online gambling and betting companies left the US market in 2006, but still suffer legal threat by US authorities based on their past activities on the US market. Party Gaming's recent multi-million dollar settlement with the US Justice Department on its pre-UIGEA activities shows just how expensive that threat has become. This is despite the EU report's conclusion that these proceedings are legally unjustified as well as discriminatory, because the activities of EU companies took place under the cover of US WTO commitments.
The EU investigation was triggered by a complaint lodged from the Remote Gambling Association (RGA), a trade association that includes most of the major UK Internet gambling companies in its membership. Perhaps it is time for the same body to nudge the EU along on this issue?
The EU report takes account of the unprecedented decision by the US to withdraw its WTO commitments on gambling and betting services. Once this withdrawal occurs, the US would no longer be obliged to guarantee future access to its gambling and betting market.
However, the report found that a withdrawal only affects future access to the market, but does not allow the US to disregard its obligations in respect of past activities.
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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