Feeds

US-EU online gambling haggle extended

Mission of Mandy

Beginner's guide to SSL certificates

The US now has until 14 December to come up with a trade compensation scheme for the blow its curbs on internet gambling have dealt EU firms.

Politicos have effectively imposed a trade embargo that bans foreign firms from playing in the US's multibillion dollar gaming market. It has sent their stock tumbling.

Talks between US and EU officials have not delivered a settlement yet, though the US must offer compensation under its World Trade Organisation obligations, or could face sanctions.

EU trade commissioner Peter Mandelson is due in Washington in early November, and is expected to push Congress to cough up for the loss of business to European firms. They want $100bn, it's been reported.

Reuters reports today that some online gambling companies want Mandelson to tell Congress to overturn the ban, or face his wrath. Massachusetts Democrat Barney Frank has led calls Stateside to bin the legislation, which was passed last October.

The Congressman, chair of the House of Representatives Financial Services Committee, has proposed laws to overule the restrictions, but found little support. The European Commission has confirmed Frank and Mandelson will discuss the stand-off. ®

Remote control for virtualized desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.