States grappling with looming budget deficits have increasingly placed their bets on expanding the gambling industry.
ECONOMIST: The sport of gangsters has become worryingly respectable
Then there is the power wielded by the gambling industry, which uses lobbying and campaign donations to curry favor.
The tax change, say the authors, reflects the government's desire to maintain Britain's share of the global gambling industry.
There may be another factor counting against Mr Carruthers, a vocal advocate of the regulation of the online gambling industry.
People on all sides - whether they are involved in the gambling industry or in racing - are pretty united in their criticism of the levy.
Clinton gets three picks, and a White House official told the AP that the gambling industry would get no more than one or two of the president's selections.
According to a recent study by John Warren Kindt, in the Annals of the American Academy of Political and Social Science, political contributions by the gambling industry have increased sevenfold over the past three election cycles.
As Mr. Rose, the gambling law professor, sees it, many of the issues regulators will face are reminiscent of the gambling industry's difficult past, when Nevada first gave licenses to people formerly involved in prohibited gambling operations.
The move will mean bookmakers operating in Britain, including those based abroad, will have to be licensed by industry regulator the Gambling Commission.
While the headlines are filled with talk of solar, wind and ethanol, the oil and gas industry is quietly gambling billions of dollars that natural gas and its controversial liquefied counterpart will replace oil and coal in the energy economy of the future.
Ten years ago, when Mississippi was fighting the demonic aspects of high-stakes gambling in its state legislature, no one could have foreseen the impact the industry would have on the poorest part of the state.
应用推荐