Following a 12-month investigation, the European Commission has found that the United States’ attempts to block European online gambling sites from accepting American customers violate World Trade Organization rules for international trade. The Commission stated that while the matter could be pursued via a formal complaint at the WTO, the European Union is more interested in seeking a negotiated solution with the current U.S. administration.
In a summary of the Commission’s report, the EU stated “that U.S. laws on remote gambling and their enforcement against EU companies constitute a barrier to market access on EU economic interests.” European online gambling companies suffered significant decreases in market value since the Unlawful Internet Gambling Enforcement Act of 2006 was signed into law, making it illegal for financial institutions to facilitate payments to online gambling sites.
Damn, after 3 years they still keep “working” on it… And still with no results.
