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U.S. Options Slimming

With a large portion of the world governments aligning against the United States in regards to the U.S.’s online casino and internet gambling ban, it is looking pretty bleak for the country. Just months ago the World Trade Organisation (WTO) ruled that the U.S. was in violation of trade policy – and surprising most every nation, the U.S. barley acknowledged the legitimacy of the ruling and instead chose to take an unprecedented move to ratify the existing trade agreement so that it excludes online casinos and internet gambling. In response to the U.S. Department of Justice’s refusal to life the ban on internet gambling other countries are exercising the only power they have over the U.S. – trade.

The WTO until just last month was accepting requests for compensation from countries who feel they are entitled to compensation from the U.S. since it will no longer allow offshore companies (and on shore ones too for that matter) access to the hugely lucrative online casinos market. And one the floor was open for request, the WTO saw proposals flying in from diverse nations who all had a vested internest in the U.S. online casino industry.

The list only grew as the deadline approached so now there are a significant number of countries that have requested annual compensation from the U.S. government. Most agree that the most valid of the compensation claims comes from Antigua and Barbuda, their economies relied online casinos for an astronomical percentage of labor and revenue for the island. Others that feel entitled to U.S. monies: the entire European Union (there are 27 registered EU states), CARICOM (group representing 15 Caribbean nations), Australia, Canada, Costa Rica, India, Japan, and Macao.

Without acquiescence from the U.S. the WTO could face some heavy criticism and the situation could potentially fatally damage the Organisation’s reputation and credibility. Other nations are attempting to threaten the U.S. into compliance by attacking U.S. copyrights and established trades. Those tactics though are all in hopes that the U.S. will revisit legislation like Barney Frank’s IGREA – which would legalize, license, and regulate the online casinos industry. A spokesperson for the Safe and Secure Internet Gambling Initiative commented, "If the U.S. continues to prohibit Internet gambling, our country could wind up being forced to pay billions in trade compensation. However, if we move to regulate Internet gambling, we can develop a responsible policy solution that allows the U.S. to come into compliance with WTO requirements and give every American the right to make up their own mind whether to gamble online."