Apparently, Antigua and Barbuda is not giving up on
a claim against the United States, following a WTO ruling the U.S. is in
violation of international trade agreements. As the dispute goes on, there is
speculation that Antigua's claim for compensation following the U.S. decision to
cease honoring the agreed upon terms of WTO Trade and Services policies, will be
in excess of $7 Billion.
As Antigua and Barbuda continues to drum up support
for its case against the U.S., the European Union is doing the same. They have
already filed a $15 billion claim against the U.S. for violating its prior
commitment to the generally agreed upon trade and services. Indeed, there were
several European online gambling operations doing business in the U.S. prior to
the passing of the Unlawful Internet Gambling Enforcement Act.
Antigua made its first claim against the U.S. back
in June for the amount of $3.4 billion annual revenue. In other words, this is
what Antigua is claiming as a loss in annual revenues from online casinos,
sports betting, poker etc. who can no longer do business with U.S. bettors. Much
of the claims are for concessions from suspended copyrights, designs, patents
and trademark obligations to the U.S.
Mark Mendel, who is Antigua and Barbuda's attorney
at the World Trade Organization, said the U.S. should expect even more claims
than the initial estimates. As of this moment, the claim has not been filed yet,
but is expected to be so very shortly.