December 26, 2007 |
U.S. dodges major sanctions in WTO case
Antigua and Barbuda are entitled to collect $21 million annually in sanctions from the United States, the WTO announced Friday in resolving a trade dispute over online gambling. The WTO ruled U.S. laws regarding horse racing were too restrictive and decided Antigua could lift certain copyright and trademark protections on U.S. goods to collect the money. Analysis: Online gambling only real loser in WTO case In the end, Antigua's WTO case against the U.S. over online gambling had nothing to do with gambling on the Internet. Instead, it became a proxy war pitting the politics of trade against fair trade. And predictably, politics won while the online gambling industry suffered another setback. RGA files trade complaint against U.S. The Remote Gambling Association is filing a trade complaint against the U.S. for discriminating against European online gaming operators and is asking the EU to investigate. CUNA seeks suspension of UIGEA Association backs Rep. Barney Frank (D-Mass.) in his bid to place a moratorium on pending online gambling regulations because it feels they are too burdensome for credit unions. Full Tilt Poker testing Instant eChecks Full Tilt is poised to become the second U.S.-facing online poker room to offer Instant eChecks as a method for player deposits. Instant eChecks are the first 'instant' depositing method available to American customers since NETeller exited the U.S. market in January. Action Poker Network launches a new poker room GearPoker.com attempts to attract young, up and coming' players by offering a greater variety of games, including Big 2 Poker, Guts Poker and Chinese Poker. CelebPoker.com offers Rakeback Deal for Life All new players who download the site's software will have the chance to earn back a portion of the rake and have it deposited into their bankroll every month. Jan. 22-24, 2008 International Casino Exhibition Hundreds of exhibitors will be at ICE 2008, making it the best opportunity to find out about product developments and launches. Jan. 24-27, 2008 CAP Euro: London CAP Euro is specifically designed to bring together the top affiliate minds in the internet gaming industry through intense networking and education. |