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Antigua - U.S. online gambling resolution set for Friday

Antigua - U.S. online gambling resolution set for Friday Ever since the U.S. passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006, the tiny nation of Antigua has been in odds with the States over the online gambling law. Antigua accuses the United States of crippling its gambling industry by barring the banks and financial institutions from processing transactions to online gambling websites and scored a minor victory last year, when the World Trade Organization (WTO) backed Antigua's request to target US services, copyrights and trademarks in retaliation for a US online gambling ban. Unfortunately for Antigua, the small nation was only allowed to do so in the limits of $21 million annually, compared to the $3.4 billion requested by Antigua.

 Sean M. Spicer, a spokesman for the office of the US Trade Representative, has said the US and Antigua were trying in good faith to settle the dispute through a mutual agreement. But the June 6th WTO deadline has long passed without a resolution being reached between the two parties over the online gambling ban. On Monday, Finance Minister Errol Cort said sit-downs with US trade representatives could achieve resolution over the gambling discord by June 20, saying the new settlement deadline would "allow both parties additional time to see whether we're able to meet some amicable resolution," although specific information was not released.

  Published on 06/18/2008

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