Illinois resistance to Isle gets heated - 2004-03-26 Illinois Attorney General Lisa Madigan has brought up worries over the financial ability of Isle of Capri Casinos Inc. to construct a casino complex in Rosemont, Ill., even if issues regarding the gaming license are resolved.
Isle of Capri proposal $518 million in a bankruptcy court auction for the inactive casino license and has stated it will spend an additional $150 million to construct the floating casino development on a basin in the Chicago suburb. Read the full story at Quad City Times
U.S. Online Gambling Policy Breaches Legislation, W.T.O. Regulations - 2004-03-26 The World Trade Organization, in its first ruling on an Internet-related conflict, has provoked a political, cultural and legal tinderbox by deciding that the United States policy prohibiting online gambling breaches international trade law.
The ruling, issued by a W.T.O. panel on Wednesday, is being hailed by operators of online casinos situated overseas as a major triumph that could urge America to liberalize legislation outlawing their business. Read the full story at New York Times
