 Re: WTO case against China could all be for nothing
Basically, the US has two choices and will need to do one of them within the next year:
1. Allow offshore gambling - likely with some regulations (Which wont work) to watch for money laudering and terrorists. Most likely the wire act will be repealed and US casinos will be given the ability to do fair competition with taxes.
2. Basically dissolve the WTO by giving it no power or effect.
Taking on China right after losing was not something the US would have done if they intended to ignore. It is much easier to ignore when not pursuing others.
I suspect we'll see wagering legal before Bush leaves office.
-Sean
I agree with #1, and that's good news! |