The World Trade Organization $3.4 billion dollar decision has been delayed.
As you may know, Antigua and Barbuda are in the middle of a Unlawful Internet Gambling Act fiasco. They had filed that $3.4 billion claim as compensation against the United States for the policy against internet casino gaming.
That WTO decision is now delayed until December 14th of 2007. That’s D-Day for the UIGEA wars.
The United States actually counter-offered the Antigua and Barbuda demand in arbitration. The U.S. offered $500,000. A&B refused and here we are, in a deadlock until December.
What’s going to happen when the decision comes out?
We’ll find out what compensation Antigua and Barbuda are getting from the United States. Think of it like lost wages when a company stiffs you. The U.S. may also get sanctioned for the anti-gaming laws that have affected so many internet casino gamers and online casinos both on the United States mainland and worldwide. Dr. Errol Cort is also firing the big guns here too.
Who is Errol Cort?
Dr. Errol Cort is the Minister of Finance and the Economy of Antigua and Barbuda. About the United States actions, he says that it “undermines the credibility of the WTO system and may seem to prove what some developing countries have feared; that the system only works to the benefit of the countries that are rich, large or powerful.” He states that Antigua and Barbuda will continue the fight despite “limited financial, human, technical and other resources, all of which exacerbate the challenge of implementing WTO agreements.”
He is the same person that after the arrest of BetonSports founder Gary Stephen Kaplan, who was charged with 20 offenses including tax evasion and conspiracy, said, “This is an important development because hitherto the American government only went after their own citizens. The repercussions that this will have on the future development of the sector could be very far reaching.”
Arbitration in “very good shape” says Antigua and Barbuda Lawyer
“We are in very good shape, this arbitration is proceeding nicely, and we’ve done a very good job,” says Mark Mendel, attorney for Antigua and Barbuda. “I think it’s presenting them with more problems than they expected, although why they didn’t expect more problems I don’t understand. We haven’t fully and completely flushed out precisely what we’re going to do or how we’re going to do it. There is no rush to do it. I think once we get it, it’ll be a pretty big weapon in our hands and we can take our time in deciding how to apply it.”
As you may know, Antigua and Barbuda are in the middle of a Unlawful Internet Gambling Act fiasco. They had filed that $3.4 billion claim as compensation against the United States for the policy against internet casino gaming.
That WTO decision is now delayed until December 14th of 2007. That’s D-Day for the UIGEA wars.
The United States actually counter-offered the Antigua and Barbuda demand in arbitration. The U.S. offered $500,000. A&B refused and here we are, in a deadlock until December.
What’s going to happen when the decision comes out?
We’ll find out what compensation Antigua and Barbuda are getting from the United States. Think of it like lost wages when a company stiffs you. The U.S. may also get sanctioned for the anti-gaming laws that have affected so many internet casino gamers and online casinos both on the United States mainland and worldwide. Dr. Errol Cort is also firing the big guns here too.
Who is Errol Cort?
Dr. Errol Cort is the Minister of Finance and the Economy of Antigua and Barbuda. About the United States actions, he says that it “undermines the credibility of the WTO system and may seem to prove what some developing countries have feared; that the system only works to the benefit of the countries that are rich, large or powerful.” He states that Antigua and Barbuda will continue the fight despite “limited financial, human, technical and other resources, all of which exacerbate the challenge of implementing WTO agreements.”
He is the same person that after the arrest of BetonSports founder Gary Stephen Kaplan, who was charged with 20 offenses including tax evasion and conspiracy, said, “This is an important development because hitherto the American government only went after their own citizens. The repercussions that this will have on the future development of the sector could be very far reaching.”
Arbitration in “very good shape” says Antigua and Barbuda Lawyer
“We are in very good shape, this arbitration is proceeding nicely, and we’ve done a very good job,” says Mark Mendel, attorney for Antigua and Barbuda. “I think it’s presenting them with more problems than they expected, although why they didn’t expect more problems I don’t understand. We haven’t fully and completely flushed out precisely what we’re going to do or how we’re going to do it. There is no rush to do it. I think once we get it, it’ll be a pretty big weapon in our hands and we can take our time in deciding how to apply it.”