Take a trip to a Caribbean island that's been transformed into an online gambling haven.

When most people think of sports bookies, horse racing, and point spreads, the small Caribbean island paradise of Antigua probably doesn't come to mind. But while Vegas is still the place to go for slots and blackjack, Antigua is quickly becoming a hot spot for online gambling operations. This week on "CyberCrime," Jennifer London visits Antigua to find out why it's so alluring to this new breed of bookies and to investigate the hidden dangers of online betting.

To find out what's happening behind the scenes of this growing gambler's paradise, Jennifer interviews Simon Noble, CEO of Antigua-based gambling firm Intertop.com, and Ronald Maginley, Antigua's director of offshore gaming.

But miles across the Caribbean back in United States, not everyone is happy with the proliferation of sports betting online, no matter where these operations are based. Some anti-gambling groups think that convenience of betting online makes it more dangerous than traditional forms of gambling -- a phenomenon we are only beginning to understand. We talk to Kevin O'Neill, deputy director of the Council on Compulsive Gambling of New Jersey, and recovering gambling addict "Vincent," who knows the dangers of gambling in the virtual world firsthand.
This article is based on original reporting by "CyberCrime" co-host and segment producer Jennifer London.