EU may challenge U.S. online gambling law: McCreevy
Tue Jan 30, 2007 6:24am ET
BRUSSELS (Reuters) - U.S. restrictions on online gambling may be challenged by the European Union, the bloc's top financial regulator said on Tuesday.
"In my view it is probably a restrictive practice and we might take it up in another fora," EU Internal Market Commissioner Charlie McCreevy told the European Parliament.
The United States was protecting its own gambling industry by stopping foreign companies from entering the online betting sector, McCreevy said.
Tue Jan 30, 2007 6:24am ET
BRUSSELS (Reuters) - U.S. restrictions on online gambling may be challenged by the European Union, the bloc's top financial regulator said on Tuesday.
"In my view it is probably a restrictive practice and we might take it up in another fora," EU Internal Market Commissioner Charlie McCreevy told the European Parliament.
The United States was protecting its own gambling industry by stopping foreign companies from entering the online betting sector, McCreevy said.