The House Always Wins: How Caribbean Islands Became the World’s Casino Regulators

The Day Gambling Went Global In 1994, Antigua and Barbuda—a Caribbean nation of roughly seventy-five thousand souls at the time, where bananas and tourism had long constituted the economic portfolio—passed something called the Free Trade and Processing Act. The legislation sounded innocuous enough, the sort of bureaucratic instrument that typically vanishes into the legislative ether. … Continue reading The House Always Wins: How Caribbean Islands Became the World’s Casino Regulators