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Posted by: Mousey at December 22, 2007, 1:07 am

Topic: Online gambling case pits Antigua against U.S. and challenges WTO Forum: Casino Meister

December 21, 2007

WTO Issues Decision On Internet Gambling Case

The World Trade Organization issued a decision today regarding Antigua and Barbuda's request to impose $3.4 billion in retaliatory measures against the United States for allegedly iolating its WTO commitments. The WTO said Antigua can use annual trade sanctions against the U.S. retroactive to April 2006 for the amount of $21 million until the U.S. reaches compliance with the WTO. The WTO also ruled that Antigua's sanctions may target U.S. intellectual property.

"Considering that Antigua and Barbuda were asking for over $3 billion in compensation, and they were only awarded a token $21 million, this decision is a partial ictory for the U.S.," said Rep. Bob Goodlatte, R-Va. "However, I remain concerned about how these countries could extract these sanctions from unrelated U.S. companies, like those in the intellectual property and banking industries."

"I will continue to closely monitor this situation and work with other U.S. policymakers and businesses to mitigate the decision's impact on U.S. industries," continued Goodlatte, who sponsored legislation banning online gambling last year.

Greg Frazier, executive ice president of worldwide government policy for the Motion Picture Association of America, warned of possible repercussions from the ruling. "We have made clear from the outset of the case that if Antigua were to suspend ...

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