For the economics / international affairs elite, this is a rather big news story in my opinion. The WTO, actually ruled against the US (a primary sponsor / benefactor of and for the WTO) and for Antigua plus some other Caribbean countries over the United States’s illegal banning of online banning. As a result:

The WTO’s recent ruling on Antigua’s complaint against the US over the banning of online gambling resulted in a payment to the island nation much less than they asked for. It appears, though, that this payment was just part of the WTO’s compensation package for Antigua/Barbuda. Via Kotaku, the Hollywood Reporter notes that the Caribbean country can now freely ignore US copyright laws - legally. This dispensation is apparently limited to some $21 million a year.

It remains to be seen as to whether the US will actually compromise now with Antigua, but nonetheless any enterprising firm *coughs* Pirate Bay *coughs* could easily set up shop and start legally ignoring American copyright laws.