WTO Offshore Gambling Ruling Leaves No Clear Winner FYI

On Thursday, a World Trade Organization appellate body released its ruling regarding the legitimacy of U.S. offshore online gambling policies. The verdict related to an appeal filed by the U.S., after the WTO ruled in favor of Antigua and Barbuda in November of last year. The original WTO decision stated that U.S. restrictions against offshore online gambling ventures violated international trade agreements. Instead of clarifying its position on the issue, however, the WTO ruling was ambiguous enough to allow both the U.S. and Antigua to claim victory.