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The Online Casinos Are Peeved

European online casino gambling companies are fighting back against the United States’ protectionist internet gambling policies, and the unfair trade compensation agreement with the European Union that gave no benefit to the actual internet gambling companies. European online casinos have petitioned the Remote Gambling Association (RGA) to pressure the EU to further pursue the protectionist and hypocritical internet gambling legislation, that specifically targets offshore online gambling companies from accessing U.S. players – but at the same time, the U.S. has specific carve-outs that permit forms of domestic internet gambling activity.

The RGA specifically finds fault with the U.S.’s decision to prosecute the online casinos that operated in the U.S. prior to the UIGEA. The U.S. government though claims that the Wire Act of 1960 effectively banned foreign internet gambling – which is borderline ridiculous really, since the Internet was not even a concept at that point, so there is no basis in the argument that the foreign online casino could have possibly known the U.S. government’s stance on remote gaming based on an outdated and archaic Act.

The U.S. Trade Representatives though are adamant that Wire Act was in place, and that internet gambling companies knowingly and purposefully offered online casino gambling activities to U.S. gamblers.

The other major concern for the RGA comes down to the sudden and severe losses that the EU online casinos faced once the UIGEA was enacted. With the loss of the U.S. gambling market, many internet gambling companies lost as much as 70 percent of their primary target market, and billions of dollars in share values.

A currently ongoing investigation by the EU officials could shed some more light on the legality, applicability, and long-term feasibility of the UIGEA.