Gambling firms call for change in US law or €70bn in compensation

EUROPE’S online gambling companies are pressing the EU to insist the US changes its laws to allow them operate there or demand $100 billion (€70bn) in compensation.

Gambling firms call for change in US law or €70bn in compensation

But instead insurance companies, storage, warehouse services and technical testing sectors are likely to gain from the current row.

The US lost a WTO case to the tiny Caribbean islands of Antigua and Barbuda last year having denied their companies access to the $15 billion US internet gambling market.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited