EU Trade Commsission released the findings of its 1 year investigation into the legality the U.S.’s ban on online gaming. The report asserts that the Unlawful Internet Gambling Enforcement Act of 2006, a U.S. law that requires American financial institutions to block payments to online casinos, poker rooms and bookmakers, violates World Trade Organization agreements between the U.S. and Europe. 
The investigation, launched last March, found that the UIGEA violates trade rules because it does not ban domestic online gaming companies from operating in the U.S. American companies .
Many European online gaming companies suffered a loss of market value because of the U.S. law, the commission’s report does not suggest the EU file a formal complaint with the WTO. Instead, it suggests a negotiated solution with the Obama administration.
