The Voice of Online Marketing | MEDIA KIT | NEWS TIPS
The latest practical news and developments at the intersection of search, email,
social media, mobile marketing, web analytics, online advertising, ecommerce and more.
Marketing News on Twitter Interactive marketing RSS newsfeed
Advertisement
Advertisement
MARKETING JOBS

US, EU Cut Deal to Keep Foreign Gambling Sites from US Players


Snake eyes bear
a friendly facade

The US and the EU have woven a relationship that yields new opportunities to European businesses, in exchange for keeping foreign gambling sites out of the States.

On its own, the US supports a $15 billion-a-year online gambling market, according to the Financial Times.

European businesses, like TNT of the Netherlands and Germany's Deutsche Post, have been granted unspecified opportunities in the US postal and courier; research and development; and storage and warehouse sectors.

The US made similar agreements with US and Japan.

The concessions spawned from an order from the World Trade Organization to grant recompense to jilted friends after the US first agreed to avail its country to foreign online gambling, then changed its mind.

Search

Related Topics

Advertisement
Related stories:

Subscribe to MarketingVOX|News

Latest interactive marketing news Latest media planning news & facts Latest marketing data & research