WTO horsetrading gets underway on internet gambling

The horsetrading over the compensation that the United States should pay for withdrawing from it’s World Trade Organisation obligations has begun….and the first offers from the Americans are being rejected, according to a report in the UK’s Financial Times this morning (Monday)

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Mon, September 24th, 2007

Related Gambling News:

Gambling casinos history:

  • During the 1950s, the Senate Committee to Investigate Organized Crime in Interstate Commerce held a number of hearings on criminal influence in the casino industry. The committee was chaired by Senator Estes Kefauver, and the committee is also known by his name.
  • Originally, the double-zero wheel started in Europe and the single-zero wheel started in America. But, Europeans liked the single-zero wheel better, and Americans liked the double-zero wheel better so they switched. Today, the American wheel and double-zero wheel are synonymous.
  • 2000: MGM Grand Inc. stages the gaming industry's largest corporate buyout with its $6 million purchase of Mirage Resorts Inc.
    2005: Las Vegas celebrates one illustrious century on May 15.
  • Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.