Home

Many people new this day was coming.  An investigation by the European Commission has led to the accusation the United States is in violation of World Trade Organization rules by banning online casinos.  Unless the European Commission can strike some sort of deal with the United States, the case will be brought before the World Trade Organization.

It is an unfortunate predicament, especially since the whole thing could have been avoided.  Quite a few members of congress warned that if the United States did not revise its policy toward online casinos soon that Europe would be force to take action.  Representative Robert Wexler of Florida has long protested the Unlawful Internet Gambling Enforcement Act and other policies put forward by the United States to block online casinos from the US market.

Representative Barney Frank has almost become the poster boy for regulating online casinos.  Once again he intends to introduce legislation that will not only overturn the Unlawful Internet Gambling Enforcement Act but build a frame work for the regulation process.

The international love affair with President Barack Obama has actually bought time for the United States.  Obama’s dedication to open communication gives Europe hope that some sort of agreement will be reached if not the complete legalization and regulation of online casinos in the United States.

Not regulating online casinos has already caused the United States to miss out on billions of dollars they could be collecting from tax revenues.  However, if a deal is not struck with the European Union quickly, banning online casinos could cost the country even more.  The United States already pays $21 million a year for shutting Antigua out of the US gambling market.
 

Casino News