Antigua Won in US Gambling Case | IXGAMES
Antigua and Barbuda won compensation from the United States on Friday in a long-running trade dispute about online gambling -Â but the amount was far lower than the tiny Caribbean nation had been seeking. The WTO panel said Antigua was entitled to compensation of $21 million a year from the United States for being shut out of the U.S. online gambling market. The award falls far short of what Antigua had demanded *$3.44 billion* in “cross-retaliation”, allowing it to seek damages outside the original services sector. Washington had argued Antigua was entitled to only $500,000 in compensation. The United States has reached similar deals with Japan and Canada, but is still negotiating with four other countries – India -Â Costa Rica -Â Macao and Antigua itself. Since all WTO members have to approve the U.S. proposal to withdraw gambling, Antigua remains in a powerful position.