Europe Union seeks reparations for U.S. payments ban

EU seeks reparations for U.S. payments ban

On 19 June 2007 the European Union claimed that the United States have to pay compensation for a U.S. ban on foreign online gambling sites, which the World Trade Organization has found doesn't correspond to the global trade rules.

Last year such British on-line gambling operators as Sportingbet PLC and Leisure & Gaming PLC had to leave the U.S. market after Washington prohibited U.S. banks and credit-card companies to conduct payments for on-line businesses outside the country, blocking the most profitable region. An EU official said the concessions Europe was looking for would likely be "commitments" to open up other trade sectors.



According to the article