Antigua and the United States
This escalating dispute being conducted through the auspices of the World Trade Organisation (WTO) has reached the point where the US is fully prepared to withdraw from its responsibilities under the WTO Agreements structure. All in order to protect recent US legislation that prohibits foreign gambling companies from conducting online gambling operations within the US market. This withdrawal will most likely mean that the US will need to compensate other nations that have industries, including industries that will be affected by the USs decision. Naturally, observers of the online gambling industry have been keeping a very close eye on the progress of the Antigua vs US Internet gambling battle which obviously has very major implications for any seeking access into the US online gambling market in the future. The first stages of the damages claims are now underway with the Financial Times subsequently reporting that initial US offers of compensation are being strongly rejected. Heading the rejection moves of the US claims are the various pro-gambling groups who have been strongly urging the European Union (EU) to reject the current US offers. Although the current situation is that the EU has now been granted an extension of time to study the US offers. Is it likely that the US will reviews its anti-online gambling policies? Certainly not. Although certainly gambling sites will be interested in watching to see if the EU claims, along with the claims of Antigua, are in any way successful in provoking a re-evaluationl of US policy.