Little Update on US leglislation
A friend pointed this out to me. There's a similar article on Yahoo! about the online betting on Horse Racing.
According to reuters.com:
>U.S. confirms loss in internet gambling trade case
By Doug Palmer Thu Jan 25, 2007 7:01pm ET
WASHINGTON (Reuters) - The United States has suffered a new setback in a four-year-old legal battle with Antigua and Barbuda over U.S. restrictions on online gambling, a U.S. trade official said on Thursday.
At issue is an April 2005 World Trade Organization ruling against U.S. prohibitions on online horse race betting. Since then, the U.S. Congress has passed additional legislation to ban online gambling and online poker over the Internet.
Gretchen Hamel, a spokesman for the U.S. Trade Representative's office, confirmed press reports that a WTO panel "did not agree with the United States that we had taken the necessary steps to comply" with that ruling.
The issue is a touchy one for the Bush administration, which supports free trade but whose conservative allies in Congress pushed through a bill late last year to ban most forms of Internet gambling.
This is very good news and a very good day for online gambling and online poker .'
Online Gambling casino firms like partygaming, 888
.com, and cryptologic most be very happy today.