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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.

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”.

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.

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.

The gaming industry has experienced such an amazing growth in Canada that now it has become the most important source of profits and employment in the entertainment field. More than 135,000 people directly work in the gaming industry, according to the research conducted by the Canadian Gaming Association.

The Castellón province in Spain is preparing for the opening of what will be the first gambling venue in the province located east of the Iberian Peninsula. The casino will be open in April and although it will target the regional public during its first stage, its authorities expect that the casino will increase the tourism influx to the zone, specially cruises, due to the proximity of the region with the Mediterranean Sea.

The first casino to operate in Israel will open soon, since an agreement has been reached between the Israeli Minister of Tourism, Yitzhak Aharonovitch and the Israel Land Administration for the acquisition of almost twelve acres of land on the northeast coast of the country for the construction of the first legal casino in the country.