A Resolution May Never Come
The controversial online casino gambling issue between the United States and a
handful of other nations is an ongoing problem and process that has taken
extensive negotiations and disputes to come even close to a resolution. Over the
past several years the US Trade Representatives have been largely unhelpful and
unwilling to really negotiate compensation terms for the countries negatively
affected by the U.S.’s ban on foreign online casinos. The Antiguan economy was
thoroughly devastated by the abrupt withdrawal from the U.S. market, and the
European online casinos are seeking both compensation and immunity from
prosecution by the U.S. government of pre-UIGEA gambling activities.
Right now the U.S. government is in detailed discussion and negotiations with
representatives from Antigua, including the Antiguan Minister of Finance, Dr,
Errol Cort. Although the initial deadline for dispute resolution and a
settlement was set for June 6th, that date is long gone and the online casino
gambling industry is anxiously awaiting for the two sides to reach agreeable
terms in the matter. The deadline for coming to a settlement was extended to
June 22, 2008 just weeks ago, when Dr. Cort indicated that a resolution and
settlement were near.
That extended deadline has also come and passed once again, and though some in
the online casino gambling industry are growing concerned, others see these
delays as a sign that both sides have come to the table willing to bargain and
concede at least some points, otherwise one of the parties would have walked
away from the negotiation already. The new date is set for July 11, 2008. If the
U.S. and Antiguan governments do not find a resolution in these negotiations,
there is every possibility that Antigua will refer the case back to the World
Trade Organisation for arbitration. |