Friday, October 06, 2006

Online Gambling Firms Plan Counterattack

Via Red Herring.

The center of the online gambling universe has shifted to tiny Antigua, which has emerged as the industry’s best option to overturn or amend a U.S. law that makes online gambling illegal.

It’s a long shot, but the industry will attempt to bring additional international pressure on the United States on the grounds that the law is protectionist and discriminatory.

The chief executive of United Kingdom-based Sportingbet, Nigel Payne, is currently on the 108-square-mile island conferring with the Antiguan government. Many of the large online gambling firms licensed in Antigua are also in touch with the government.

The Antiguan government is in the process of amending its complaint to the World Trade Organization to include the latest U.S. law, which the government believes is at odds with a 2005 ruling made by the WTO. The WTO ruled in Antigua’s favor in the trade dispute with the U.S.

More here.

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