|
PokerPages > Poker News > Poker News
Poker News - Poker News
Search News:
Japan & India Join WTO Claims Against USA- is US Poker Bluffing?Thu, Jun 21st, 2007 @ 12:00am Japan and India have joined the EU and Antigua in filing a compensation request with the World Trade Organization (WTO) resulting from Washington's attempt to change the details of its obligations under the 1994 General Agreement on Trade in Services to remove online gambling and online poker. The European Union first notified the WTO on Tuesday regarding their claim, followed by the tiny Caribbean nation of Antigua and Barbuda on Wednesday, with Antigua seeking compensation of $3.44 billion against the United States. When the U.S. lost its final appeal March 2007 the United States Trade Representative's (USTR) office 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. As a result, the U.S. declined to challenge the WTO ruling, because it says that its legal maneuver effectively ends the case, which enraged WTO members (click here for related article). HOW COMPENSATION WORKS 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, which is what the EU, Antigua, and now Japan and India have done. In compensation claims, WTO rules typically provide for equivalent trade sanctions to compensate for WTO member losses. The EU said that the unprecedented legal move by the U.S. of deleting part of an agreed treaty has to be accompanied by a commitment to open up other trade sectors. But for small country like Antigua that is highly dependent on imports, there are no equivalent trade sectors to be compensated for, so to do so would be economically unfeasible, nor would it do much to penalize the offending larger WTO member nation. So the WTO provides an alternative, where countries may suspend their own trade agreement obligations towards the offending country. This means that Antigua might choose, for example, to sell unlicensed copies of American designer shoes, DVD, CDs or computer software to compensate for the losses caused by the USA banning online gambling business from Antigua. IS THE USTR OFFICE BLUFFING? Burke Hansen, who heads a San Francisco law office, astutely lays the groundwork in an article in The Register that works up to the question: to what lengths is the US willing to go to keep its protective online gambling ban - are they willing to sacrifice years of trade sanction agreements, or are they playing out some form of poker bluff? Hansen begins, "What is surprising is the extent to which the USTR seems willing to abandon the decades of hard-fought negotiations covering the international trade in services that ultimately resulted in the General Agreement on Trade in Services (GATS) for a policy ultimately damaging to American trade interests." He continues, "The USTR, after pretending the US didn't really know what it was doing when it failed to exempt gambling services from its schedule of commitments (countries are allowed to exempt "immoral" services or products, but cannot discriminate in doing so), and repeatedly getting hammered by the Antiguans, has decided to redefine its GATS commitments to eliminate gambling services, thereby opening the door for other WTO members to do the same. It's not hard to understand how such an approach may quickly render international agreements worth less than the paper they are printed on." "And so, today, what is expected to become a parade of countries demanding sanctions against the United States as a result of its refusal to comply with WTO rulings on gambling services began to form, as Japan and India piled it on with more demands for compensation," Hansen added. "Every other signatory affected will have a right to demand sanctions, and those sanctions may, depending on the circumstances, be applied against any American industry, from automobiles to semiconductors." Hansen postulates, "Perhaps this is just a game of chicken by the USTR, a kind of unilateralist posturing, although that seems hard to believe considering the floundering state of the current DOHA round of negotiations; just where the WTO goes from here, no one really knows." Read Related Articles:
More Poker News Articles
World Series of Poker: Ante Up for Africa The Ante Up for Africa Charity Tournament is one of the biggest poker charity events of the year. This charity tournament supports the refugees from the Sudan region of Darfur. After nine hours of play, Alexander (Alex) Bolotin was crowned the champion of the Ante Up for Africa tournament and won $177,730 for his first place finish.
World Series of Poker Event 56: Matt Hawrilenko Takes Down Bracelet and $1 Million The $5,000 Six Handed No Limit Hold'em event was the last event to be held at the World Series of Poker 2009 before the famous Main Event starts. Event number 56 saw 928 players register for their chance to win the last bracelet to be offered this summer. The next bracelet of the Series will not be awarded until November when the Main Event final table wraps up. Adding to the excitement of this event, there was a total prize pool of over $4.3 million, and the winner of the event was guaranteed to come out a millionaire.
World Series of Poker Event 54: Tony Veckey Wins Event 54 sold out in a hurry as 2,818 people gobbled up all of the seats for the last low buy-in No Limit Hold''m tournament of the World Series of Poker. This was a new event added to satisfy the enormous public demand for this level of event. $1,500 from each of the entrants produced a prize pool of $3,846,570, with payouts down to 297.
World Series of Poker Event 52: German Jorg Peisert Wins Jorg Peisert from Dusseldorf, Germany won the inaugural Triple Chance No Limit Hold'em event at this year's World Series of Poker. Peisert outlasted 853 other players who put up $3000 to play in this No Limit Hold'em event. The total prize pool was $2,357,040 and 81 players took home a cut. 81st place took home $5,892, but the lion's share, $506,800, went to Peisert. On the final day, Peisert started in 6th chip position and worked his way up to a chip juggernaut, eliminating players and collecting chips along the way. Notable players who cashed in this tournament include, Eric 'Rizen' Lynch (12th), An 'The Boss' Tran, Mike 'The Mad Genius of Poker' Caro (23rd), and Antonio 'The Magician' Esfandiari (24th).
World Series of Poker Event 53: New Orleans Resident David Halpern Wins David Halpern from New Orleans, LA won the $1500 Seven Card Stud Hi-Lo 8-or Better Event at the 2009 World Series of Poker. Halpern outlasted 467 other players to win $159,048 for winning the tournament. Halpern has already cashed once this year (Pot Limit Omaha), but this is his first WSOP bracelet. The $657,455 prize pool was spread out amongst 48 players who cashed. Halpern battled William Kohler for over three hour heads-up. Battled is a strong word, as both players seemed enamored of each other and even went to dinner together during the break. They traded the chip lead back and forth until Kohler seized it for good. Other notable players who cashed includes Chad Brown (4th), Matt Savage (5th), Andy Bloch (23rd), and Norman Chad (32rd).
World Series of Poker event 49: David Bach Wins $50K HORSE Event The 2009 $50,000 HORSE event attracted 95 of the world's best poker players. The number of entrants decreased from the previous year which attracted 148 entrants. As play began, player's speculated as to the reason why the numbers decreased so dramatically. Was it the economy? Was it Scotty Nguyen's drunken tirade last year? Many believed that it was ESPN's unfortunate decision to not televise this year's final table. Even though the field decreased, the players still had a full five days of play. 87 players would be eliminated on the way to a star studded final table. After 20 hours of play, David Bach was proclaimed the winner of the 2009 $50,000 HORSE event. He took home the bracelet, the Chip Reese Memorial trophy, and the $1,276,806 first place prize.
World Series of Poker Event 55: Abe Mosseri Wins First WSOP Bracelet Abraham Mosseri from New York City won the $2,500 Deuce to Seven Lowball (Limit) event at the 2009 World Series of Poker. Mosseri outlasted 257 other players to win $165,513 and the accompanying gold bracelet. This is Mosseri's first WSOP bracelet and third cash. This was his 2nd final table of this year's Series. Mosseri and others amassed a prize pool of $593,400. Only 24 players got a piece of it though. Mosseri ended Day 1 in 13th place with 39,100 in chips. By the end of Day 2, Mosseri was the chip leader with 447,000. Mosseri maintained his chip lead through most of the day. It would come down to him and Masayoshi Tanaka, who started the day with second most chips. Tanaka had the lead as heads up began, but it was meant to be for Mosseri who played aggressively and caught cards at the right time to eventually eliminate Tanaka. Notables at today's final table included three time bracelet winner John Juanda (4th), Blair Rodman (5th) and Nam Le (9th). Daniel Negreanu cashed in 16th and Hasan Habib finished in 18th.
World Series of Poker Event 51: Carsten Joh Wins Sold Out NLHE Event Carsten Joh defeated a sellout crowd to win his first bracelet in the penultimate $1,500 No Limit Hold'em event of 2009. Joh beat Andrew Chen heads up to bring home Germany's first bracelet of the Series. The event began with a largely amateur crowd, and the big names that made it to Day 2 quickly found themselves on the sidelines. Men Nguyen, Tony Cousineau, and Matt Brady outlasted most of the field but failed to make it to Day 3.
World Series of Poker Event 50: Greg 'FBT' Mueller Wins 2nd '09 Bracelet The $1,500 Limit Hold'em Shootout should put to rest any questions about the skill required to play Limit. By the time the event was down to two players, it was a heads up match between the owners of the last two Limit bracelets awarded at the WSOP. Greg 'FBT' Mueller defeated Marc Naalden to win his second bracelet of the year, making him the fourth person to claim more than one in 2009. Naalden now has 1st and 2nd place finishes in Limit tournaments this year. He also cashed in a Mixed Hold'em event.
World Series of Poker Event 48: Brandon 'any2cantu' Cantu Wins After finishing runner-up at a final table a week ago, Brandon Cantu got a second chance to win a second bracelet in the $1,500 Pot Limit Omaha Hi/Lo Split event. This time, Cantu closed the deal in a tough heads up match with Lee Watkinson and picked up the WSOP gold. Brandon 'any2cantu', known for his creative and sometimes loose style of play, was as shocked as everyone else when he turned over Aces more than ten times on Day 2. "This is the hottest streak I've ever been on in my life," he told Phil Hellmuth, who was eliminated in 14th place. By the time the field was narrowed to 25 players, Brandon had nearly 25% of the chips in play. |
 Online Poker »
  100 WSOP Seat Giveway-on NOW! & Main Event, Event 54 satellites   WSOP thrills-Without going to Vegas Play in Freeplay WSOP events now!  100% Sign up bonus up to $600 at Full Tilt Poker  Double up your 1st $50 deposit And play in the Sunday Million ! Poker News »
Blog Coverage
Top News
World Series of Poker Event 56: Matt...
World Series of Poker: Ante Up for... World Series of Poker Event 54: Tony... Top Tournaments
|
.gif&contenttype=gif "Pokervibez")
Discuss this article in our forum
Print this article
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