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Sands to stop loan plan for Macao expansion
Because of the financial crisis
Due to the worldwide economic crisis, Las Vegas Sands has been forced to end plans to raise 5.25 billion dollars in loans in order to continue with its expansion strategy in Macau. The giant gaming operator decided to drop plans following the lack of interest among lenders.
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Estonia turns into a paradise for Casinos
Over 139 casinos are operating in the small Baltic country
The exponential growth of the Gambling industry in Estonia in the last few years has unexpectedly turned this Baltic nation into a paradise for those who just love to bet their money and have some fun in the casinos, gaining a reputation as “Eastern Europe’s Las Vegas”.
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New Casino for the Hungarian capital
The Ministry of Finances has approved the project
The project for the construction of a new large scale Casino in downtown Budapest, the capital of Hungary, would be almost reality according to reports from the local press which circulated these last days. This announcement brings back the controversy for the construction of a Eurovegas in the western part of this European country.
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Casino giant wants to settle in Ireland
Harrah’s could invest 350 million euros in the country
Casino tycoon, Harrah’s Entertainment, which has a wide net of casinos all over the world, has settled its interest in Ireland and is already in negotiations with the government of this country for the development of the necessary legal frame that allows the construction of a large scale casino in Irish territory.
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