WTO rules against US on internet gambling
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The World Trade Organization (WTO) ruled Wednesday that the United States&#39; prohibition on cross-border gambling on the internet violated free trading agreements.
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A trade dispute filed by Antigua and Barbuda, a Caribbean nation with dozens of online casinos, challenges Washingtonâs effort to prohibit online gambling.
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A federal Internet gambling ban poses threats to lawful gaming online and must be amended right away, they argue in a Capitol Hill lobbying blitz.
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A U.S. House of Representatives panel said on Monday it will hold a hearing on Friday to look at Internet gambling, which is effectively banned in the United States.
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The World Trade Organization slaps the United States with a token $25 million fine for its banning of online gambling, a move that could have unpleasant implications for Antigua and Barbuda, an offshore gambling haven.
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The World Trade Organization on Monday rejected a US appeal against an earlier finding that supported Canada&#39;s wheat trade. The WTO appeals body upheld a February decision by its dispute settlement body, which
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Under the Wire An attempt to sneak a US bill banning online gambling into law has run into trouble. Supporters of the bill had attempted to attach the bill to a defence bill being passed this week, but the move has been blocked by the Armed Services Committee.â¦
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High Wire Act The US Department of Justice has admitted that the 1961 Wire Act which it uses to prosecute executives of online gambling companies is "dated". The Department insists, though, that the law is sufficient for the prosecution of gambling executives.â¦
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It's illegal for US citizens to place bets on the Internet -- or is it? A Seattle attorney thinks he's found a million-dollar loophole.
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The chairman of on-line gambling website Sportingbet has been detained by authorities in the United States, the company announced, leading to a suspension of trading of its shares in London.
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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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The United States has reached a deal  with the European Union, Japan and Canada to keep its Internet  gambling market closed to foreign companies, but is continuing  talks with India, Antigua and Barbuda, Macau and Costa Rica,  U.S. trade officials said on Monday.
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The US government&#39;s ban on cross-border gambling is an unfair trade barrier against the island nation of Antigua, the World Trade Organization said.
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In an unusual W.T.O. ruling,  Antigua won the right to violate copyright protections on goods like films and music from the United States as part of a dispute over online gambling.
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Most forms of Internet gambling  would be banned under a tentative agreement reached on Friday  by U.S. congressional negotiators.
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A House panel voted Thursday to crack down on the &#36;12 billion Internet gambling industry by applying federal prohibitions to games like online poker, blackjack and roulette.
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A World Trade Organization decision  on the amount of retaliation that Antigua and Barbuda can  impose on the United States in an Internet gambling trade  dispute won't come out on Friday as expected, a U.S. trade  official said.