As the author of book on what happened when the state of Louisiana legalized gambling -- it's called Bad Bet on the Bayou -- I was interested to see what's being proposed in Bolivia. From my experience covering gambling, I know that it is exceedingly difficult to actually roll it back. The gambling boys have so much cash that they can spread it among lawmakers, architects, builders, unions -- and all become an effective lobby for the industry.
It will be interesting to see whether the Bolivian Congress indeed bans gambling and whether any other Latin American countries follow suit.
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