Change U.S. Internet Gambling Law: demand the EU

November 9, 2007 | Filed under Business, News 

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At present the United States Internet gambling law discriminates against European companies by not allowing them to offer their service to the US market, well this is all about to change.

“What we need to see is a change in U.S. legislation that removes that discrimination against EU operators,” EU Trade Commissioner Peter Mandelson told reporters before heading to Capitol Hill to discuss the issue with U.S. lawmakers.

“It’s not in the interest of American consumers to have good responsible competitors in this market excluded by regulatory mechanisms.”

Compensation talks have been taking place with the United States and The European Union. The compensation could amount to as much as $100 billion for being shut out of the US market.

To view the full report go to reuters.com

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