An Unbiased Look: THE WORLD TRADE ORGANISATION
The World Trade Organisation entered the online casinos issue earlier this year
when the small island nation of Antigua expressed concerns over recent United
States regulations that may violate global trade agreements. After a thorough
examination of the facts, the WTO ruled that the U.S. was in fact in violation.
The WTO announced the decision and encouraged the U.S. government to address the
issue by amending the anti-casino legislation known as the Unlawful Internet
Gambling Enforcement Act.
Soon after the ruling, the United States announced that it planned to amend the
1994 WTO trade agreement that it was currently violating. Then came the
announcement that the United States has no plan to provide compensation to the
countries affected when U.S. citizens were no longer able to play online
casinos.
Once the U.S. announced that it would not comply with the WTO’s ruling, the WTO
entered what is anticipated as the most complicated WTO dispute to date.
Currently any of the 150 members of WTO can file a claim for compensation—then
the WTO will determine amounts, and whether the nations were in fact harmed by
the U.S.’s withdrawal from the global online casinos industry.
|