2 Bet Online Casino

The American UIGEA (Unlawful Internet Gambling Enforcement Act) which was created in 2006, states that it is illegal for an American citizen to transfer money online in order to gamble. This law does not keep a lot of people from going online and bet some cash in an online casino. A lot of European businesses retreated after the legislation became active on the American market, losing out on a lot of revenue. However PartyGaming and 888.com await possible prosecution for allowing US citizens to place bets on their site. Founder of PartyGaming, Anurag Dikshit, has paid a settlement of 300 million dollars. But, the European Committee believes this is in violation with the rules of the World Trade Organisation (WTO).

An European Union representative said, such laws restrain a free market, and thus is in violation with the WTO rules, who plead for an open market. He did stressed, that despite action through WTO would work, they would rather work with America to find a negotiated solution. “It is for the US to decide how best to regulate internet gambling in its market, but this must be done in a way that fully respects WTO obligations.”According to EU trade commissioner Catherine Ashton. Last year, after prosecution of European executives, and the charge against several investment bankers which gave advice to online casino operators, the Remote Gambling Association ordered the European Commission to investigate, because these actions are in violation with the rules of the WTO.

The Obama Administration’s new US Trade Representative at the World Trade Organisation, Ron Kirk will be under some pressure this week as the European Commission releases its report following an investigation into the discriminatory practices of US law enforcement in prosecuting European companies and individuals for alleged online gambling offences.

The investigation, carried out after complaints to the EC by mainly British online gambling companies belonging to the Remote Gambling Association, has been ongoing for some months and follows US unilateral actions that have seen the country shed credibility after losing several WTO disputes with Antigua and Barbuda. Among the elements studied in the US ban was the apparently inequitable and discriminatory nature of US legislation, and actions taken against Euopean companies but not US counterparts.

EU Trade Commissioner Catherine Ashton told reporters in Washington that the European Commission would release this week the long-awaited results of its investigation into whether U.S. enforcement of a ban on Internet gambling violated WTO rules.