Nation-states have increasingly turned to gambling as a budgetary and economic development strategy. A recent study estimated that the global gambling market will reach $150 Billion US by 2012. In light of this apparent largess, a number of stern regulatory challenges confront government...

The current global economic downturn highlights government's need to find new and innovative sources of revenue. One of the most widespread trends to emerge from this maelstorm has been the proliferation of gambling activity. Developed and developing economies alike have become increasingly...