Antigua Won in US Gambling Case
Antigua and Barbuda won compensation from the United States on Friday in a long-running trade dispute about online gambling -Â but the amount was far lower than the tiny Caribbean nation had been seeking.
The WTO panel said Antigua was entitled to compensation of $21 million a year from the United States for being shut out of the U.S. online gambling market.
The award falls far short of what Antigua had demanded *$3.44 billion* in “cross-retaliation”, allowing it to seek damages outside the original services sector. Washington had argued Antigua was entitled to only $500,000 in compensation.
The United States has reached similar deals with Japan and Canada, but is still negotiating with four other countries - India -Â Costa Rica -Â Macao and Antigua itself.
Since all WTO members have to approve the U.S. proposal to withdraw gambling, Antigua remains in a powerful position.
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