Fri, Feb 20th 2009 4:30pm
Congressman Barney Frank will apparently soon introduce legislation to repeal the US ban on online gambling, as the EU looks like it's preparing to push the WTO to take action against the ban. Along with being ineffective and useless, the ban falls foul of WTO regulations, and could lead to the US being subject to punishments from the organization. It sounds as though the WTO would like to give the US government the chance to sort out the illegal ban on its own before taking action on a complaint about it. Though, even with the changed political climate in the US, it remains to be seen if the repeal could stick. It's also really hard to see how a ban on online gambling, and forcing financial institutions to police it, remains preferable to a well-regulated environment that protects consensual bettors. Hopefully US politicians will agree.
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