Antigua’s Minister Defending Online Gambling Claim Against U.S. 2751m

After much criticism of Antigua’s plan to hit the United States trademarks with $3.4 billion in penalties each year, finance Minister L. Errol Cort is standing his ground. He will continue to take action until the United States applies the online gambling sites once again.

This Caribbean nation of Antigua has always based a lot of its financial flow from tourism. But since being struck with one hurricane after another since the late 1990’s, Antigua has embraced electronic commerce such as online gambling in order to not have to depend on tourism so much.

But when the U.S. Congress banned American banks and credit card companies from making transactions between U.S. citizens and online gambling. 

Minister Errol Cort is not backing down and we can expect to hear more from him and many others as this drama continues to play out. While the U.S. is also standing their ground, time and billions of dollars in penalties may make the U.S. cave eventually.