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  #1  
Old December 22nd, 2007, 10:41 AM
mdlbj mdlbj is offline
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Default US faces sanctions for gaming ban

The US faces $21m (£10.6m) in annual trade sanctions as a result of its online betting ban, the World Trade Organization has ruled.

http://news.bbc.co.uk/2/hi/business/7156394.stm
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  #2  
Old December 22nd, 2007, 11:49 AM
RJT RJT is offline
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That's a token gesture if ever i've seen one. Yes Antigua you're right so we'll rule in your favor, but we don't want to place sanctions against the US that might actually make them angry - so we'll place sanctions that will be insignificant to them in consequence.

RJT.
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Old December 25th, 2007, 01:18 AM
mdlbj mdlbj is offline
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BBC reported it.. I think it will have a major impact seeing that some of the politicizations have an interest in the Bahamas. Lots of US currency sitting there. The gov is not going to just take a toke. It is a big deal. A few of us were almost shot there for 400k.
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Old December 25th, 2007, 02:01 PM
RJT RJT is offline
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In the grand scheme of things $21M is nothing to the US government. I'll bet that they get sued by there own employees for far more than this ever year, so claiming that this is some sort of sanction is very weak. That amount of money isn't worth a ball hair in the US budget.

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Old December 27th, 2007, 10:49 PM
alphastorm alphastorm is offline
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Quote:
Originally Posted by RJT View Post
In the grand scheme of things $21M is nothing to the US government. I'll bet that they get sued by there own employees for far more than this ever year, so claiming that this is some sort of sanction is very weak. That amount of money isn't worth a ball hair in the US budget.

RJT.
Even If that amount is worth something, they'd probably won't pay it. Considering US is already billions in debt, why would they care about 21M.
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Old December 27th, 2007, 11:56 PM
moo321 moo321 is offline
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Quote:
Originally Posted by alphastorm View Post
Even If that amount is worth something, they'd probably won't pay it. Considering US is already billions in debt, why would they care about 21M.
The problem is, Antigua can do things like retaliate against copyrights.
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