Pretty good article on WTO/new law in The Register <div class="FTQUOTE"><begin quote>The LA Times noted recently that more than 3,000 people in Antigua and Barbuda, or 10 per cent of the workforce, have lost jobs since the late 1990s, when U.S. politicians and social conservatives set their sites on taking down the online gaming community. Antigua's gambling revenue, which topped out at $90m in 1999, fell to $20m last year. Only 44 of the 200 online gambling companies registered in Antigua since 1994 are still toughing it out after the recent collapse in online gaming activity in the wake of the recent American legislation.</end quote></div>
well that part is a little misleading since it is not the US policies that have crippled the Antiguan gambling industry, but the flight to other jurisdictions i.e. Costa Rica |