US Faces $100 Billion Fine For Web Gambling Ban 522
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by
Zonk
from the just-one-more-thing-we-can't-afford dept.
from the just-one-more-thing-we-can't-afford dept.
Stony Stevenson writes with the news that the World Trade Organization is seeking billions of dollars in compensation from the United States from their ban on internet gambling. The view of the WTO is that the US has reneged on commitments to the organization. "The disputed concessions arise from Antigua's victory earlier this year when the WTO ruled that the US violated its treaty obligations by excluding online Antiguan gaming operators, while allowing domestic operators to offer various forms of online gaming. Instead of complying with the ruling, the Bush administration withdrew the sizeable gambling industry from its free trade commitments. As a result, all 151 WTO members are considering seeking compensation for the withdrawal equal to the size of the entire US land-based and online gaming market, estimated at nearly US$100 billion."
Who wants to bet? (Score:5, Funny)
Obligatory Family Guy Quote (Score:5, Funny)
WTO 2: That's the spirit, Bob! But I think a real number might be more effective.
Ten bucks says... (Score:3, Funny)
My mother was a fifteen year old French prostitute (Score:3, Funny)
Re:Let me be the first to say (Score:2, Funny)
Re:Ten bucks says... (Score:5, Funny)
In before "troll" mod.
Re:Who wants to bet? (Score:3, Funny)
oh no, wait... I can't.
Time to bomb Antigua then. (Score:3, Funny)
Re:Obligatory Family Guy Quote (Score:1, Funny)
I'll be waiting.
Or better yet, I'm be willing to pay you $3.15 and let you keep the difference.
With fines that small, I won't seem like much of a lesson learned, though.
Re:Good! (Score:3, Funny)
I expect them to bring in Quai-Gon Gin and Obi-Wan to settle the dispute any time now
Re:Hmmmm.... (Score:1, Funny)
Thank you for fucking up my country by forcing our corporations to manufacture everything overseas, in order to afford your bloated blue collar wages.
Sincerely,
AC
Re:Obligatory Family Guy Quote (Score:2, Funny)
Re:State Right (Score:3, Funny)
signed
-The World