• UK Looks To Antigua and Barbuda In Developing International Online Gambling Regulations

    09 February 2007


    Caribbean Net News
    Friday, February 9, 2007

    ST JOHN’S, Antigua: Antigua and Barbuda’s Financial Services Regulatory Commission, Division of Gaming has announced that the country expects to play a key role in developing international regulations and legislation for remote gambling following publication of the UK Government’s communique regarding the 2006 International Summit on Remote Gambling.

    The communique, released by the UK’s Department of Culture, Media and Sport (DCMS) on Monday 29th January, highlighted the approval by the Summit’s delegates for the proposal to set up an expert working group to advise on the scope for developing international minimum standards for regulating remote gambling.

    Errol Cort, Antigua and Barbuda’s Minister of Finance and the Economy, commented, “Antigua offers its unique experience and insight wholeheartedly in developing regulatory standards for the international remote gambling industry as part of the expert working group proposed by the DCMS.”

    Kaye McDonald, Antigua’s Director of Gaming, also highlighted Antigua’s credentials for regulation of their online gambling industry, adding, “The regulations that Antigua has in place for online gambling are respected globally and have been a contributing factor in winning the WTO ruling against the US in 2005.”

    It is widely known that regulations put in place by Antigua and Barbuda are more stringent than those that the US imposes on its own legal gambling industries.

    The US recently admitted suffering a new setback in the long running trade dispute with Antigua over the provision of offshore gambling within the United States, having, according to the press agent for the United States Trade Representative, been on the losing side of a recent WTO report assessing the status of US compliance with the original adverse ruling from the WTO issued in 2005.

    While the new report is not officially released until mid February, the US has already publicly stated that the WTO panel did not agree with the United States that they had taken the necessary steps to comply.

    Related News

    • 08 February 2009

      Looks Like Legalizing Online Gambling Could Change

      According to the financial times there could be a new move to legalize online gambling in the near future. Barney Frank is not giving up!! Way to go Mr. Frank. A top US Democrat is launching an offensive to roll back legislation against online gambling passed under the Bush administration, saying the climate is ripe for Congress to unlock restraints that are “impinging” on the freedom of Americans.

      Read full article
    • 18 June 2008

      New Resolution Date Set Between Antigua and US

      The saga continues between the US and Antigua. For such a small island they have shown a lot of guts and determination in this battle.Antigua’s top finance official, said that a new deadline date of Friday, June 20th has been set to settle their dispute with Washington and St. John over internet gambling. It was set to be settled on June 6th, but was not.

      Read full article
    • 26 November 2007

      WTO Compensation in the case U.S. versus Antigua and Barbuda Extended

      WTO Compensation in the case U.S. versus Antigua and Barbuda Extended  Recently it became known that the World Trade Organization (WTO) granted an extension deadline until December 14th 2007 for a negotiated settlement between the U.S. and the Caribbean Island of Antigua & Barbuda. This dispute long pending since 2003 is not the only challenge the United States is facing, as further compensation decisions has to be secured to fellow World Trade Organization members.

      Read full article