
This helping hand from the EU is good news for the millions of online gambling amateurs and lovers currently living in the US.
The European Commission is urging the US to lift its ban on online gambling companies. They are urging them to end the ban this week, stating that the online gambling ban was passed during the Bush administration and it now violates world trade agreements. The EU is even saying they will step up and seek compensation from the World Trade Organization this time around. They claim that this ban made which bars foreign gambling websites from operating in the US violates international trade laws.
The online gambling bill introduced by Rep. Barney Frank (D-Mass) was also mentioned as it aims at legalizing the online gambling industry in the United States. It safeguards clients against illegal activities like money laundering and others, thus protecting gamblers.
These talks and negotiations between the US and the European Union will hopefully pave the way for a more sensible legal structure for the online gambling industry around the world.
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