Euro Trade Rep Tells Washsington That UIGEA Should Be Repealed
Reuters news agency reported that the European Union (EU) Trade Commissioner, Peter Mandelson, told Washington that the Unlawful Internet Gambling Enforcement Act (UIGEA) is unfair to foreign firms and should be repealed. Mandelson came to the US to negotiate compensation for the 27-nation EU following the unilateral withdrawal of the US from World Trade Organization (WTO) obligations after UIGEA was declared discriminatory.â€śIt's not in the interest of American consumers to have good responsible competitors in this market excluded by regulatory mechanisms,â€ť said Mandelson. â€śWhat we need to see is a change in US legislation that removes that discrimination against EU operators.â€ťEuropean gambling firms asked the EU to pursue claims of up to $100 billion in compensatory sanctions and Mandelson has indicated that he supports these claims."When a member of the WTO defaults on its commitments, compensation is due,' continued Mandelson. 'That's the case of online gambling."Mandelson also met with Representative Barney Frank (D-MA) and to discuss the legislatorâ€™s proposed Internet Gambling Regulation and Enforcement Act (IGREA) that would regulate online gambling and bring the US into compliance with WTO rules.â€śI think Frank takes a fair-minded, common sense approach to this and we look forward to that being effective legislation,â€ť said Mandelson.
NEWS: Virtual Console Mondays: The Rest Of November, 2007 (Nintendo World Report)
We've had our fill of turkey and survived the crowds at the mall. Here's a look at the past three weeks of VC releases.
It May Not Be The End Of Online Gambling (Press Release)
The US did pass the Safe Port Act, which intends to limit online gambling, making it all the more difficult for gamers in the US to paddle away at online poker, but it didn't bring forth the end of the world. Yet, Lawrence Walters, an attorney who
UltimateBet Spreads The Wealth With Bad Beat Jackpot Launch (Press Release)
UltimateBet today announced the launch of The Ultimate Bad Beat Jackpot (http://www.ultimatebet.com/poker-promotion/bad-beat-jackpot), a popular jackpot-based Texas Hold'em Poker game that turns losing hands into gold. "We've taken the Bad Beat Ja
Exploring The G2E
I have been attending the G2E for the last several years and the show just keeps getting bigger each year. It is no wonder that it is a three day...
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