Antigua Demands $3.4 billion Payoff from US
Antigua and Barbuda is pushing for $3.4 billion in sanctions against the United States, for each year it fails to comply with the World Trade Organisations ruling that its online gambling laws violate the free trade agreements.
The Caribbean country is also asking the WTO for authorisation to target US trademarks and copyrights if it refuses to alter legislation and allow foreign gambling websites to operate in the States.
L. Errol Cort, Antigua’s Finance Minister, said that there was no other choice in the matter.
“Until such time as the United States is willing to work with us on achieving a reasonable solution to this trade dispute,” he added, “we will continue to use every legitimate remedy available to protect the interests of our citizens.”
The EU announced this week that it too wanted compensation for the US ban on foreign online gambling sites.
Tags: Online Gambling News, Antigua and Barbuda, World Trade Organization





