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Posted: Sun Apr 03, 2005 2:36 pm Post subject: Antigua ?confident? of victory in WTO battle |
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http://www.casinobuzz.com Representatives of Antigua have said it is confident of victory on 7 April in the final ruling from the WTO in its long-running battle with the US, and predicted it would lead to sweeping changes.
As previously reported in eGaming Review, Antigua?s gaming commission anticipates some of the major media and banking companies will be forced to drop their self-imposed bans on working with egaming firms.
Many of the main US banks refused to process online gambling transactions as a result of the threat of prosecution from Eliot Spitzer, the ex-Attorney General of New York.
Similar warnings from the US Department of Justice caused most media outlets in the US to drop egaming adverts, but Antigua is intending to use the WTO ruling to push for those bans to be overturned.
Mark Mendel, Antigua?s lead counsel during the dispute, said he was looking forward to using the case as a springboard for future negotiations.
"We expect major internet search engines, financial institutions and credit card service providers will have to do business with Antiguan internet gaming sites on the same basis as they do with US domestic gaming interests,? Mendel said.
?Potential compliance issues facing various US corporations and the US Department of Justice will be resolved in a manner which is favourable to fair and responsible international commerce."
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Source: Casino Buzz
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