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US, EU Reach Internet Gambling Agreement

By Josh Catone / December 17, 2007 8:53 PM

Don't let the headline excite you, there's still no easy way to play poker online from a US-based computer -- at least not with money involved. But today the US reached deals with the European Union, Japan and Canada to compensate those countries for revenue lost by keeping foreign gaming companies out of the US market. The agreement with the EU centers around trade concessions regarding mail services and warehousing, and though there was no immediate word on how much the deal is worth, it is likely to fall far short of the US$100 billion that European Internet gambling sites say they are owed.

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