European Union The European Union is once again trying to put their foot down when it comes to online gambling in the US. Although previous attempts have been ignored by the US, the EU again asked on Wednesday for the US to change their laws.
The Unlawful Internet Gambling Enforcement Act has not only outraged citizens of the US, but also online casino companies in other countries. The European Union is giving the US one final chance to come into compliance with trade agreements, before they take their complaints to the World Trade Organization.
“It is not only the US that the EU has taken issue with regarding online gambling laws,” said observer Gus Drewery, “other countries have also been put on notice, and most have at least started the process of coming into compliance.”
The EU had been hoping that a new administration in the US would be more receptive to their wishes. Up until now, although President Obama has expressed a need to fix foreign relations, there has been no progress made on this particular issue.
At stake for the US could be sanctions handed down by the WTO. The case has not yet reached that point, but almost certainly the $100 million that foreign companies lost after 2006 because of the UIGEA would be a part of that case and consequent settlement.
The foreign online casino operators could forget about the money that was lost if they were to be allowed back into the US market. It is not yet known if that would be a viable solution from the US’ standpoint.
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European Union Wants Foreign Online Casinos Operating In US
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