The European Commission has ended the long running online gaming dispute with the US by accepting a compensation package which would provide openings in other business sectors.
A Spokesperson from Brussels said it would still be pressing the US for a non-discriminatory policy towards online gambling despite the agreement being reached.
According to Reuters news agency, the Commission signed a bilateral agreement in Geneva which would provide EU service suppliers with new trade opportunities in the US postal and courier, research and development, storage and warehouse sectors.
Shares in online gaming firms dropped once this news was announced, which effectively has shut off the US market for the near future to the Big Online Gaming Operators.
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