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Bet on Horseraces

Bet on Horseraces


On April 3rd the United States can ignore the WTO ruling and possibly incur trade sanctions by Antigua. That probably is of little consequence given the very limited trade between the U.S. and Antigua. But the precedent is there if countries like England and Australia, which have extensive trade with the U.S., decide to follow the same complaint route because their internet gaming companies also are prohibited from taking bets from Americans. Bet on Horseraces. The U.S. could not ignore trade sanctions involving those countries. Changing, if not repealing portions of the Interstate Horseracing Act, may be an easier option. Second, and quite apart from the WTO case, each year for the past several years legislation has been introduced in Congress to prohibit all internet gaming, usually by forbidding credit card companies from extending credit for online gaming. Some of those proposals, like the Internet Gambling Prohibition Act introduced this year by Congressmen Bob Goodlatte (R Virginia) and Rick Boucher (D Virginia), exempt internet gaming on horseracing. Bet on Horseraces. Other proposed legislation does not do so, and would make all internet wagering illegal, including wagering on horseracing currently permitted by the Interstate Horseracing Act.