US Delaying WTO Online Gambling Settlement

Negotiations continue on concessions after the US lost its WTO case on online gambling. The settlement amount discussed was $100 billion, which may have been exaggerated. Even so, its shocking how little press this case has received. So far most of the coverage has been from online gambling sites and an editorial in Bloomberg

The United States has been forced to negotiate the compensation package because of a 2003 case filed by the Caribbean nation Antigua and Barbuda, which challenged U.S. Internet gambling restrictions at the World Trade Organization.

A WTO panel ruled two years later that a U.S. law allowing domestic companies to provide online horse race gambling services discriminated against foreign providers.