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Old 04-10-07, 01:42 PM   #10
pioneer
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Join Date: Aug 20, 2005
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Default Re: WTO case against China could all be for nothing

Quote:
Originally Posted by Woody View Post
Good article Ken.

I don't expect Congress to do much, if anything, in the way of repealing laws to conform with the WTO ruling. More likely is a negotiated settlement with Antigua, allowing them to be a sole offshore supplier, while otherwise maintaining their protectionist stance. Of course this settlement might require the UIGEA to be repealed, or more likely not enforced, since it would be too burdensome on banks to allow gambling money to go to Antigua only.
That is extremely unlikely since 2 of the other offshore suppliers(as you put it), are 2 of our biggest and staunchest allies, namely the UK and Australia.
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