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drunkguy
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Date Joined Mar 2005
Total Posts : 281
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Posted 4/25/2005 4:31 AM (GMT -4) |
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WTO ruling may deter anti-egaming bills in US
The recent World Trade Organisation (WTO) ruling in favour of Antigua will act as a significant deterrent to anti-egaming legislation in the US, according to the CEO of SportingBet.
“The WTO ruling is more than a moral victory, as it will significantly deter any prohibititive legislation being given any significant airtime in the near future,” Nigel Payne, chief executive of Sportingbet, said.
“This is the first time in the history of my time at Sportingbet that I can remember sitting here in April without a bill to defeat in the US.”
Both sides have claimed victory in the case, but the ruling is more heavily weighted in favour of Antigua.
Antigua’s complaint that the US actions to restrict access to Antigua-based online gaming firms was in contravention of international trade agreements was upheld.
But it claimed the WTO would allow it to use a public interest defence if it made small changes to existing legislation, including repealing the interstate horseracing act.
The act permits horseracing wagers to be placed over the internet, but Payne said he felt the act was in no real danger.
“It’s extremely unlikely they will overturn the horseracing act.”
“The US will say it will cancel all these acts, and then it will become apparent it cannot do that and we will be back to square one in a year’s time,” he added.
He said he did not expect to see the US take any remedial action as a result of the ruling for at least 18 months.
Other industry voices have also maintained the WTO ruling makes it difficult for the US to continue to legislate against online gaming.
“This ruling helps to make the case for regulated interactive gambling in the US by putting pressure on policymakers to reconsider their inconsistent, ill-advised approaches,” Keith Furlong, deputy director of the Interactive Gaming Council, said.
www.egrmagazine.com/cgi-bin/articles.pl?action=display&id=697§ion=3&keyword= |
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TOW
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Date Joined Mar 2005
Total Posts : 283
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Posted 4/30/2005 10:24 AM (GMT -4) |
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Today's TOW headline gives new hope.....with Texas and Illinois striving to approve online lotteries.... |
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