Gambling News by House of Odds

The World Trade Organization (WTO) has ruled against the US in a heated
argument over online gambling in the Caribbean island of Antigua and
Barbuda. The WTO plans to prove the US guilty of breaking the international
trade rules. The ruling has not yet been made public; however, Reuters
reported that the WTO has found the US guilty of not observing a 2005 order
in the case. The online gaming industry is somewhat dependent on Antigua and
Barbuda, since it has built up a lucrative business, compensating for
falling tourist revenue. The Caribbean island took the US to the WTO over
entry to the American gaming market. In 2003, the WTO's dispute resolution
panel was in Antigua and Barbuda's favor. They agreed that foreign
bookmakers appeared to face prejudice in relation to the issue of horse race
betting across state lines. In 2005, however they rejected an appeal by the
US. The WTO has concluded that the US has not even tried to stick to that
decision. The WTO has provided both sides with an initial report on its
findings. Both parties will have the opportunity to submit additional
comments before a final report is published in March, 2007.