U.S. and EU Agree on Compensation Over Online Gambling Ban
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The United States will provide the EU with trade concessions as part of a compensation deal over Washingtonâs refusal to lift restrictions on Internet gambling.
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The costs of policing a new U.S.   Internet gambling ban for banks and credit card companies will   be determined by regulators in the coming months, industry   officials said on Monday.
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Highlighting a conciliatory mood since President Bush was reelected, the United States and the European Union agreed yesterday to try to amicably settle the decades-old trade dispute over billions of dollars in subsidies to aircraft makers Airbus and Boeing .
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US ban on web gambling forces company into red.
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A World Trade Organization (WTO) panel ruled today that US prohibitions on Internet gambling are unfair trade practices and that the country should open its borders to international casinos.
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Shares in UK online gaming stocks lost more than half their value on Monday after U.S. Congress approved a bill to ban Internet gambling, with PartyGaming  plummeting 60 percent in early trade.
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EU bone thrown Unwilling to allow foreign countries into the stateside internet gambling market, the US has struck a compensation deal with the European Union, Canada, and Japan.â¦
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Microsoft, Yahoo and Google agreed to pay a combined $31.5 million to settle federal civil allegations that they had accepted ads for illegal gambling.
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The settlement worth $31.5 million resolves accusations that the companies promoted illegal Internet gambling, the Justice Department said.
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THE World Trade Organisations (WTO) has told the US to dump its ban on offshore Internet gambling. Currently the US does not allow its citizens to place bets in those nasty foreign online casinos and the tiny
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The World Trade Organization says the US ban on cross-border gambling violates international trade laws; the United States said it would appeal.
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The European Union reached an agreement with the United States Friday on the sharing of data on trans-Atlantic air passengers which Washington says is needed to help fight terrorism, diplomats said.
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The costs of policing a new U.S.  Internet gambling ban for banks and credit card companies will  be determined by regulators in the coming months, industry  officials said on Monday.
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EU and U.S. officials reached a deal on Wednesday on the transfer to the United States of private data on transatlantic air passengers for use in the fight against terrorism, an EU spokesman said.
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The WTO says Antigua can impose sanctions worth $21m a year after the US brought in an online gaming ban.
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Microsoft, Yahoo and Google agreed to pay a total of 31.5 million dollars to settle a government probe into their role in promoting online gambling dating back to 1997, officials said Wednesday.
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European online gaming companies which  have been shut out of U.S. markets urged the European Union on  Wednesday to demand as much as $100 billion in compensation in  the hope that Washington might yet be pressed into reversing  its ban.