Antigua wins round one, USA to answer to WTO on local gaming.

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ROUND 1 TO ANTIGUA...USA forced to answer to WTO on local gaming

Tuesday July 22 2003



by Natlie S. Fleming


The government of the United States will now have to appear before the World Trade Organization's (WTO) dispute panel to answer charges made by Antigua & Barbuda for loss of earnings to its internet gaming and sports book gaming industry.

Estimated loss of earnings to the government's coffers is US$20 million after a number of Internet gaming and offshore companies fled to other jurisdictions.

This exodus followed the passage of the Leach LaFalce Internet Gambling Enforcement Act by US authorities, which inhibits internet gambling by making it a crime for a gambling businesses to accept credit cards, wire transfers, or any other banking instrument to fund gaming transactions.


Antigua & Barbuda took the US government before the WTO dispute panel to answer charges that the actions taken by the US against Internet gaming and sports books is discriminatory and not fair.

Prime Minister Lester Bird said he feels fantastic with the decision made by the WTO.

"We had asked the WTO to rule in Antigua & Barbuda's favour, in that what the US is doing is contrary to the rules of the General Agreement of Tariffs and Trades (GATT) and we made a presentation about three weeks ago," he said, in an interview with the SUN.

"America answered and we responded and today (yesterday) the WTO approved the idea that the US has to go before a dispute panel to answer Antigua & Barbuda's accusation that they are discriminating against us and there is nothing wrong with Internet gaming or sports books," he added.

The prime minister said that as a result of Antigua & Barbuda's action, the European Union, Taipei and several other countries have now lined up to take similar action.

"Before Antigua, they were not prepared to go forward but now that Antigua has gone forward showing our feelings that we have a right to go against the US - all these other countries are now coming on board. So once again Antigua leads in terms of this matter, in terms of international gaming, international finance.

"In fact it is a great victory for Antigua & Barbuda to be able to get the WTO to agree that the US must answer the charges," he said.

Bird recounted that a number of sports books and Internet gaming companies left the country as a result of the US measure and went to other jurisdictions.

"As a result of this, it has damaged Antigua & Barbuda's economy. Over 5000 people were employed in the Internet gaming business. It left a significant, negative effect upon the economy of this country.

"Once the panel meets, on the assumption that we win, then it will be a tremendous victory for Antigua & Barbuda and I can assure you that many other countries in the world will jump on the bandwagon," the prime minister said.
 

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This is pathetic, Mr. Bird needs to look in the mirror regarding why Antigua fell to shit. Now has to blame it on someone else to get a free ride $$$$. The government in Antigua is pretty sad.
 

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Jabow:

Great read, thanks.

BigJerry's:

What's really important is the fact that this would set a precedent...
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>The prime minister said that as a result of Antigua & Barbuda's action, the European Union, Taipei and several other countries have now lined up to take similar action.

"Before Antigua, they were not prepared to go forward but now that Antigua has gone forward showing our feelings that we have a right to go against the US - all these other countries are now coming on board. So once again Antigua leads in terms of this matter, in terms of international gaming, international finance.
<HR></BLOCKQUOTE>

This has big implications for the US. If the EU decides to go on with this, they will represent a big force of opposition to the US, even if the US doesn't want to admit it openly. There might be several repercussions in other field of the trade between the US and The EU. And the Euro is indeed a strong currency.

It is also important to remember the advantages these events might represent for other gambling jurisdictions like Panama and Costa Rica, for example.

I never thought Antigua was gonna actually achieve anything...
icon_eek.gif


This is good news
 

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I think this is good step to the US not banning net gaming. I think at the least it will throw a small cog in to slow the pasing or voting to pass the net gaming bill
 

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