• RGA Disappointed With the WTO

    20 December 2007

    Newspaper

    The RGA was disappointed with the WTO compensation between EU and US.
    Chief executive of the Remote Gambling Association (RGA) stated his organization was disappointed by the news of an agreement between the EU and the US regarding the withdrawal of gambling services from its WTO commitments. But it will continue lobbying for US to have a regulated system.

    Though the news was not unexpected he had hoped the negotiations would “go on for a while to put some pressure on the US” stated Clive Hawkswood.

    A European Commission (EC) official stated the package was substantive with meaningful commitments for the EU.

    The terms of the agreement signed today in Geneva, the US will provide the EU with new trade concessions in mail services and warehousing. The value of the compensation falls short of the US$100bn (E69bn) worth of concessions the EU was seeking.

    The terms of the agreement, gambling services will no longer be covered by the US’ WTO commitments. But, the EC will seek a “non-discriminatory policy towards internet gambling in the US. EU spokesperson for trade, Peter Power, stated, while the US is free to decide how to best respond to legitimate policy concerns relating to internet gambling, discrimination against EU or other foreign companies should be avoided.

    Efforts made by EU trade commissioner Peter Mandelson in taking the case to the US was hailed by Hawkswood. He has done a lot for us, he stated. When was the last time we had a senior politician go to the US to press the case for the gambling industry?”

    Hawkswood stated the agreement between the EU and the US was likely to “be a factor” in the ongoing negotiations between the US and China, India, Canada and other countries over the WTO issue. Including the dispute with Antigua which started the process where a decision regarding the compensation due to the tiny Caribbean island, which has been delayed.

    Related News

    • Pragmatic play adds super x to its slot portfolio

      New Online Slots

      Pragmatic Play Adds Super X to Slot PortfolioIvan Stefanovic29 November 2021

      Pragmatic Play, an online casino provider, launched its latest online slot called Super X. There are a lot of jewels in this title and even though this game has high volatility, it offers great rewards. This slot is designed with the latest technologies and punters can enjoy this title even on mobile devices such as tablets and smartphones. Cool Features Super X is played on 5 reels, 3 rows, and 20 active paylines. As we mentioned, this is a high volatility game and the RTP is 96.

      Read full article
    • Swintt joined forces with fair play casino to enter dutch market

      Gambling News

      Swintt Joins Forces with Fair Play Casino to Enter Dutch MarketIvan Stefanovic23 November 2021

      Swintt expands its presence further after its partnership with Fair Play Casino. The association, which represents their expansion in the Dutch market which is marked as a milestone for the company. According to the deal, Fair Play will integrate Swintt’s top-performing titles.

      Read full article
    • Stakelogic and jelly rolled out online slot jade of the jungle

      Gambling News

      Stakelogic and Jelly Roll Out Online Slot Jade of the JungleIvan Stefanovic12 November 2021

      Jelly created an innovative slot with a groundbreaking second game, Valhalla Saga: Thunder of Thor, and now they've embarked on a journey through the lost temples of Central America. In partnership with Stakelogic, this young casino provider launched its latest online slot – Jade of the Jungle. Jungle Adventure Boosting Excitement Played on 2 grids with 3reels and 3 rows, this game offers 14 active paylines. The RTP is 95.30%.

      Read full article