Despite our apparent friendly relationship with the US they passed a bill yesterday which prevented any of our companies from providing online gambling services to them. This would not be so bad if it was a 'across the board' crack down on internet gambling. However they will still allow gambling sites within the US to operate.
My view is that this is a crass attempt to keep a multi billion pound market solely in the US by denying any competition from abroad, this breaks a huge amount of agreements within the un as it is basically emposing an economic sanction againts our country and others.
By drawing up an economic sanction that has hit our businesses and our market hard the US has practically aligned us with Cuba in business terms. The British markets tumbled today as UK based gamling companies lost anyting from 28% to 78% of their value overnight.
What annoys me even more is that 'lapdog blair' hasnt even kicked up a fuss about this, he has blatently ignored the problems caused by this bill and the fact that this is one of the few sectors we have that is bringing money into the Uk.
03 October 2006
Rambled About by Oli at 8:16 am