|
PokerPages > Poker News > Poker News
Poker News - Poker News
Search News:
Costa Rica Joins Growing list of WTO members for USA Online Poker Online Gambling Ban CompensationSun, Jun 24th, 2007 @ 12:00am Costa Rica will join World Trade Organization (WTO) members: European Union (EU), Antigua & Barbuda, India and Japan in seeking compensation from the United States, according to reports on Point-Spreads, relating to Washington's removal of online gambling and online poker from its trade obligations, after the WTO repeatedly ruled that Washington's ban on remote Internet gambling violates WTO trade agreements that the United States signed. When the U.S. lost its final appeal March 2007 the United States Trade Representative's office (USTR) announced that it would take the unprecedented legal step of changing the international commitments it made as part of the 1994 General Agreement on Trade in Services (GATS) agreement amongst the 150 members of the WTO. Under the GATS, if a country withdraws its commitments other nations can seek compensation for any services trade opportunities that they could prove they lost through the change. So Costa Rica will seek compensation from the United States for economic hardships caused by the US crackdown related to online gambling. The Central American nation of Costa Rica has been particularly adversely affected by US policy towards online gambling, since it domiciles more online gambling companies than any other country in the world. Online betting firm BetonSports was forced to shut down and lay off over 1,000 employees, after receiving many indictments from the US government. Also Bodog, BetUS and other related Costa Rican employers have downsized as a result of US-facing portions of their businesses being curtailed. Costa Rica is also very aware of the domino effect that cut-backs and layoffs by major Internet gaming employers have had on all Costa Rican businesses that directly or indirectly supported the industry, including telecommunications, travel and leisure, banking, hotel, restaurant, and entertainment sectors. Gambling911 relays that "at one time it was widely believed that the Internet gambling sector employed at least 10,000 Costa Ricans either directly or indirectly." No compensation figure has been disclosed, but Point-Spreads sources confirmed with Marco Vinicio Ruiz, the Costa Rican Minister of Commerce, that the letter requesting compensation from the United States would be sent to the WTO. Read Related Articles:
More Poker News Articles
Keikoan Captures Harvey's Lake Tahoe WSOPC Championship This week marked the finale of the biggest annual tournament series in Northern Nevada, the WSOP Circuit championship at Harvey's Lake Tahoe. While the Main Event saw only a modest turnout, it did boast of a tough final table, and a WSOP bracelet owner as the eventual champion.
WSOP Main Event Champ Joe Cada to Appear on Letterman The poker world will receive some late night attention tonight as "The Kid" Joe Cada, the youngest champion in the four decade history of the World Series of Poker Main Event, takes a seat next to embattled talk show host David Letterman.
First Korean Champ of Asia Pacific Poker Tour Crowned in Cebu Another stop on the Asia Pacific Poker Tour is in the books, this time it's the APPT Cebu in the Philippines, and for the very first time a Korean player has come out on top.
Pollack Done as Commish of World Series of Poker Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.
Durrrr Signs as Team Full Tilt's Youngest Member Tom "durrrr" Dwan is the newest member of Team Full Tilt, the online site's highest level of affiliation. At 23, Dwan is the youngest of the now 14-person team. The high stakes cash phenomenon was nominated for induction this year into the Poker Hall of Fame until the Hall of Fame Governing Council decided he was too young to meet the "has stood the test of time" qualification.
Joe Cada Becomes Youngest World Series of Poker Main Event Champ History was made early Tuesday morning in Las Vegas as 21-year-old Joe Cada outlasted Darvin Moon in heads-up play to claim the 2009 World Series of Poker Main Event bracelet and more than $8.5 million.
Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming.
Tiffany Michelle and Maria Ho Hit the Amazing Race Rail After surviving six legs of the Amazing Race by the skin of their teeth, poker pros Tiffany Michelle and Maria Ho were finally eliminated in the CBS reality show's most recently aired episode. Michelle and Ho, the last women standing in the 2008 and 2007 World Series of Poker Main Events, gave reality television fans another chance to watch poker personalities compete away from the felt. Annie Duke garnered quite a following earlier in the year on another reality show competition, NBC's Celebrity Apprentice. |
Online Poker »
Poker News »
Blog Coverage
Top News
Keikoan Captures Harvey's Lake Tahoe...
WSOP Main Event Champ Joe Cada to Appear... First Korean Champ of Asia Pacific Poker... Top Tournaments
|
All Poker and free play poker content ©2009 Advanced Global Applications, LLC. All rights reserved.
If you or someone you know has a gambling problem, visit either: National Council on Problem Gambling or Gamblers Anonymous International Service

