New Book Examines Subject of Internet Gambling

Published Friday, August 12, 2011 -

A new book by Dr. Andrew Cooper looks at the stigmatization of Internet gambling and especially the negative view by the some in the US and that country’s most recent efforts to stop it. As well the book explores an eye-opening political, economic, and legal perspective about this global topic.
The world gambling market is estimated to be worth some US$335 billion. Offshore Internet gambling is taking a bigger and bigger share of this lucrative market. The new book by Cooper, called Internet Gambling Offshore: Caribbean Struggles over Casino Capitalism, is the first major study dealing with Internet gambling as an integral component of the world economy. Despite the American government’s legal efforts against the online betting industry, virtual gambling is here to stay. The new industry’s leaders and entrepreneurs are finding political avenues to help ensure it.
Of special interest in the book, Cooper focuses on the approach by Antigua and looks at its development of an innovative and entrepreneurial Internet gambling economy.
Drawing on the metaphor of Casino Capitalism developed by Susan Strange. the book highlights key political, diplomatic, and legal challenges of an emerging international economy. There is a forward in the book from Eric Helleiner, CIGI Chair in International Political Economy at the Balsillie School of International Affairs and Professor of Political Science of the University of Waterloo, Canada. “Cooper's analysis provides a gripping story with many lessons for students of International Political Economy, lessons that Susan Strange herself would have appreciated.”
Ronen Palan, Professor of International Political Economy, University of Birmingham, United Kingdom, states,  “Cooper's study of the global Internet gambling industry captures like in a holographic image the complexities and nuance of contemporary international politics where morality, regulatory and material interests clash and intersect. It is a superb study that questions our conventional notions of power, interest or outcomes in a globalized political economy.”


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