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Antigua and Barbuda Government welcomes vindication of Calvin Ayre as part of the failure by US to comply with WTO ruling on Internet Gaming!

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dani3839

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St John’s… The Government of Antigua and Barbuda congratulates Mr. Calvin Ayre on the resolution of the criminal case brought against him in the United States.

The dismissal of all felony charges against Mr. Ayre, in a matter that dragged on for over 5 years, vindicates him entirely.

Mr. Ayre took up permanent residence in Antigua and Barbuda in 2007 after acquiring an existing gaming company. At all material times, his company was licensed by the Financial Services Regulatory Commission (FSRC) to carry on gaming activities and complied with the stringent laws and regulations governing Internet Gaming.

Antigua and Barbuda Government welcomes vindication of Calvin Ayre as part of the failure by US to comply with WTO ruling on Internet GamingIn February 2012, Mr. Ayre was indicted by the US Attorney for Maryland on charges of illegal gambling, despite a legally-binding ruling by the World Trade Organisation (WTO) in March 2004 that the US government, by outlawing access of cross-border gaming, violated its treaty obligations to Antigua and Barbuda, under the General Agreement on Trade in Services.

In 2005, a WTO Arbitration panel dismissed an appeal brought by the United States. Two years later in 2007, the WTO instructed that Antigua and Barbuda has suffered harm to the tune of US$21 million annually, and the country may seek authorization from the WTO to sell US intellectual property, without the payment of fees and royalties, in order to recover the trade losses to its economy.

Over the past 10 years successive governments of Antigua and Barbuda have engaged the United States government, at the latter’s request, to settle the matter in a fair manner. To date, these efforts have failed despite reasonable proposals by Antigua and Barbuda.

The Government of Antigua and Barbuda is continuing its efforts to reach a fair and amicable settlement with the US, but will reinvigorate the issue at the WTO at the next meeting of the Dispute Settlement Body this year if there is no appropriate action by the US.

In light of the WTO ruling in Antigua and Barbuda’s favour, prosecutions by the United States of licensed gaming entities and their principals in Antigua and Barbuda, such as Calvin Ayre, are completely contrary to binding international agreements. In this context, Calvin Ayre and all other Antigua and Barbuda licensed gaming operators, who were indicted in the United States on Internet Gaming charges, are victims not culprits.

The Government of Antigua and Barbuda welcomes Mr. Ayre’s investments in the economy of Antigua and Barbuda. The construction of the US$25 million multi-story office complex off Friar’s Hill Road and the expansion of his business locally, with the resultant increase in employment, are applauded. His philanthropic work, including assistance to needy and abandoned children and empowerment of young people through education, is also laudable.

Source-Full Story - CalvinAyre.com
 

vixen777

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Jan 14, 2008
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He does do a lot for needy children, I read that a long time ago. He was once an orphan himself.
 

dani3839

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Jan 17, 2008
Messages
82,796
that's great, I enjoy reading his news site!
 

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