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Closed Agreement Still Causing Concern

The United States has spent the last two years doing some fancy footwork to get out of negative situations and issues with other governments about the US’s foreign online casino gambling policy. The US government negotiated with the EU for months and months in 2007 and finally came to a sealed resolution that involved trade compensation benefits for the EU. The only problem with the whole situation is that the compensation agreement has been sealed to national security purposes. This has led many supporters of a regulated and open US online casino gambling industry to raise their voices in concern.

Just what is the US government essentially paying the EU in trade compensations that could be a matter of national security? Some online casino supporters speculate that the price was so high that the US Trade Representatives classified the agreement as such as a way to further protect the UIGEA from scrutiny. Now though, with the European Union government pressing to US to lift the ban on foreign online casinos, there is a renewed fervor to find out just what is in that agreement.

A lot of online casino gamblers and even non-supporters what to know the price that the US is paying for an protectionist market where the online casinos are concerned. The sealed compensation agreement is a huge and central concern for many, but what it really comes down to lately is the fact that the UIGEA is a flawed piece of legislation that is costing the US a lot of money and efforts. Protecting the US market from foreign online gambling companies seems to be a bit of a lost cause and the EU, Antigua, the WTO and a slew of other companies are demanding that the US government rethink the implementation of the UIGEA and instead consider a more inclusive and regulated market.