Little Update on US leglislation

JimboJim

JimboJim

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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.
 
Jack Daniels

Jack Daniels

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Wow...this could get even more interesting yet. I'll be very interested to see how this plays out in the world eyes.
 
dj11

dj11

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I have to think all those who pulled out will have a great deal of making up to do.
party poker made my money disappear, as did poker room. Granted it was money won in freerolls, and I could no longer deposit any to get it out, but boy did that leave a bad taste in my mouth for those sites.
 
JimboJim

JimboJim

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Wow...this could get even more interesting yet. I'll be very interested to see how this plays out in the world eyes.

It's funny how we support the organizations but when they rule against them we totally ignore them. This might not stop the 'crackdown' on gambling but it probably will open some of our Congress-mens eyes on how corrupt the US government is.
 
buckster436

buckster436

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Maybe theres some hope yet for us USA players>>>>>>>>. buck
 
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