Tag Archives: World Trade Organization

Apples iPhone actually added $1.9 billion to the U.S. trade deficit with China last year.

Posted on December 16, 2010 by Chris F. Masse

Trade statistics are structurally crappy. “The concept of country of origin for manufactured goods has gradually become obsolete.” “In a speech in September in New York, Chinese Premier Wen Jiabao cited that research to argue that trade tensions between the … Continue reading →

Posted in Business, The Global Economy | Tagged Apple, Apple iPhone, commerce, economic data, economy, international commerce, international trade, statistics, trade, US economy, US trade, US trade data, world trade, World Trade Organization | Leave a comment

Max Keiser’s politics is controversial. But, as a journalist, he is a genius. Market-based probabilistic predictions (whether it’s play money or real money) are now part of his daily punditry toolbox.

Posted on July 22, 2008 by Chris F. Masse

Max Keiser looks at what the prediction markets are predicting the outcome will be at the Geneva talks on the Doha Round. Here’s the link to the HubDub prediction market which Max Keiser plugs in this video segment. -

Posted in Exchanges & Markets, Internet Marketing - Internet Commerce, Market Prices & Probabilities, Regulations | Tagged Doha, event derivative markets, event derivatives, Geneva, HubDub, journalist, Max Keiser, prediction markets, World Trade Organization, WTO | 1 Comment

Lawsuit aiming at compelling the office of the United States trade representative to produce a copy of its compensation settlement with the European Union over the United States’ withdrawal of gambling services from the General Agreement on Trade in Services.

Posted on May 28, 2008 by Chris F. Masse

“National Security” is the reason given for the cover up. The Center for Independent Media and Public Citizen are suing their pants off. -

Posted in Regulations | Tagged Betting, Center for Independent Media and Public Citizen, European Union, Gambling, GATS, international trade, national security, United States, United States Trade Representative, World Trade Organization, WTO | Leave a comment

Details on how the Federal Reserve will TRY to crash real-money prediction exchanges InTrade-TradeSports and MatchBook

Posted on April 2, 2008 by Chris F. Masse

Via Betting Market, the Federal Reserve: Louise L. Roseman, Director, Division of Reserve Bank Operations and Payment Systems Internet gambling Before the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology, Committee on Financial Services, U.S. House of Representatives … Continue reading →

Posted in Regulations | Tagged attorney general, bank, Bank commenters, card systems, certain designated payment systems, certain payment systems, chairman, check collection systems, Committee on Financial Services, Congress, correspondent, correspondent bank, cross-border Internet, designated payment systems, Director, Division, Federal Reserve Board, Federal Reserve System, financial services, foreign bank, foreign Internet, Gutierrez, Internet gambling, Internet Gambling Enforcement Act, Louise L. Roseman, Paul, payment systems, Ranking Member, Reserve Bank Operations, Secretary of Treasury, Secretary of the Treasury, stored-value systems, Subcommittee on Domestic and International Monetary Policy, U.S. House of Representatives, United States, unlawful Internet, unlawful internet gambling, Unlawful Internet Gambling Enforcement Act of 2006, US Federal Reserve, US Treasury, wire transfer systems, World Trade Organization | Leave a comment

Christmas gift to Antigua-Barbuda = $21 million worth of American intellectual property rights

Posted on December 22, 2007 by Chris F. Masse

Via Daniel Horowitz, The New York Times. [...] Antigua and Barbuda had claimed damages of $3.44 billion a year. That makes the relatively small amount awarded Friday, $21 million, something of a setback for Antigua, which had been struggling to … Continue reading →

Posted in Regulations | Tagged Antigua, Antigua and Barbuda, Christmas, Gambling, the New York Times, United States, USD, World Trade Organization | 1 Comment

Finally, someone tells the libertarian truth on the US ban against Internet betting and gambling.

Posted on December 19, 2007 by Chris F. Masse

Reason Magazine blog (who else?): It’s too bad Europe, Japan, and Canada caved. Here’s hoping little Antigua stays plucky. A few observations: First, and most obviously, the U.S. government is so hellbent on policing the online habits of its citizens, … Continue reading →

Posted in Politics, Regulations | Tagged Antigua, Bob Goodlatte, Canada, consensual online wagering, Europe, European Commission, Gretchen Hamel, Internet betting, Japan, Mitch McConnell, online gaming, online habits, online poker, online wagering, Reuters, U.S. Trade Office, United States, Unlawful Internet Gambling Enforcement Act of 2006, US government, Virginia, World Trade Organization | Leave a comment

The European Commission dealt a blow to European online gaming companies Monday when it accepted a U.S. offer of openings in other sectors as compensation for closing the U.S. gambling market to foreign firms.

Posted on December 18, 2007 by Chris F. Masse

Reuters Bloomberg Associated Press NEXT: Finally, someone tells the libertarian truth on the US ban against Internet betting and gambling.

Posted in Regulations | Tagged Associated Press, Bloomberg, European Commission, Internet betting, online gaming, Reuters, United States, Unlawful Internet Gambling Enforcement Act of 2006, World Trade Organization | Leave a comment

Remote Gambling Association vs. Prediction Market Industry Association

Posted on November 7, 2007 by Chris F. Masse

The Remote Gambling Association (co-lead by lawful and ethical industry player BetFair-TradeFair) will do much more to help legalizing internet gambling and betting (and, hence, prediction exchanges, betting exchanges and prediction markets) in the U.S. than the Prediction Market Industry … Continue reading →

Posted in Analysis (Industry), Regulations | Tagged advisor, Barney Frank, Bird LLP, Brazil, Brussels, chairman, chief executive, China, Clive Hawkswood, Commissioner, Congress, D.C., Director of Policy Planning, e-commerce and gaming industries, E.U. Trade Commissioner, Europe, European Commission, European Parliament, European Union, financial services, gambling services, Herbert Smith LLP, House Financial Services, illegal operator, India, Information Technology, Internet gambling, InTrade, lawful and ethical industry player, legislative solution, Lode Van Den Hende, Mandelson Urged, Member, Nao Matsukata, online gambling, online gaming, Prediction Market Industry Association, prediction markets, Remote Gambling Association, responsible solution, Robert Sturdy, Robert Zoellick, Susan Schwab, trade law, Trade Representative, United States, USD, Washington, World Trade Organization | Leave a comment

US Online Gambling: Don’t bet on it.

Posted on September 24, 2007 by Niall O'Connor

One or two traders were caught out Friday, following a late afternoon surge in the share price of both Sportingbet and PartyGaming. Sportingbet shares were up 15.9% at 43 3/4p whilst PartyGaming climbed 9.5% to 26p. Two factors may have … Continue reading →

Posted in All Guest Authors's Posts, Analysis (Industry), Regulations | Tagged Caribbean, European Union, Interactive Media Entertainment & Gaming Association, Internet Gambling Enforcement Act, Niall O'Connor, online gambling, online gaming, PartyGaming, pence, Sportingbet, the Financial Times, United States, United States Department of Justice, warehouse services, World Trade Organization | Leave a comment

Congressman Barney Frank (D-Mass.) wants Congress to overturn the Unlawful Internet Gambling and Enforcement Act (UIGEA) –a legislative decision that’s twice incurred the formal wrath of the World Trade Organization.

Posted on June 12, 2007 by Chris F. Masse

CNET News – MP3 file Previous: Unlawful Internet Gambling and Enforcement Act (UIGEA)

Posted in Regulations | Tagged Barney Frank, Congress, Internet gambling, Massachusetts, MP3, World Trade Organization | Leave a comment