A Caribbean Longshot
How Antigua beat the United States on internet gambling — and why it has nothing to show for it May 2011
Just before the 1997 Super Bowl, Jay Cohen founded an online sports betting company called World Sports Exchange (WSEX) on the Caribbean island of Antigua. Within two years there were 119 licensed sites operating out of the island, making internet gambling Antigua’s largest industry except for tourism. The sites were focused on sports betting, and many of the target clients were…