The waters are getting choppy between the East, West and the Caribbean against the U.S. banning Internet gambling to U.S. players and their U.S. funds going to other countries.
Geneva-The Caribbean nation of Antigua and Barbuda, yesterday said; that for the United States’ failure to comply with a World Trade Organization ruling that it’s Internet gambling restrictions are illegal, the U.S. should face commercial sanctions worth more than 3 billion U.S. dollars each year.
Antigua has mentioned, that before the ban on Internet gambling set forth by the U.S., the online gambling had helped end its relying on tourism for an income, and also aided in the clean-up from a series of hurricanes that had passed through in the late 1990’s.
Two other nations have filed compensation requests with the trade organization, Japan and India, because of the attempt Washington made to change details of its obligations under the General Agreement on Trade in Services of 1944. The European Union filed a similar request on Tuesday, stating that other trade sectors should be opened up by the United States to compensate for deleting part of the treaty.
The Associated Press contributed to this report.
The possibility that about half of the world’s online gamblers reside in the U.S. may have brought about Washington’s decision to restrict U.S. online gamblers, and the fact that over $15 billion U.S. dollars were going overseas. But, what about the fact of all the winnings those U.S. online gamblers won? Where are the articles on the maybe billions of dollars in winnings which came back into the U.S.? The door in online gambling swings both ways, but we are only shown the negative side of online gambling.