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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. According to sources, the giant gaming operator decided to drop plans following the lack of interest among lenders.

Apparently, the company will hold plans until numbers look bright again and they can elaborate a new scheme with a new shape and a new amount, maybe next year. Tycoon Sheldon Adelson recently put forward a proposal to raise 7 billion dollars, but later dropped the number to 5.25 billion.

It was revealed this week that during 2007 Canadians spent five times more money on bets than they did 15 years before. The report prepared by Statistics Canada shows that residents of the Prairie Provinces were the ones that spent the most on wagers. On average, each Canadian spent $524 on gaming.

Profits from casinos, lotteries, slot machines and lotto rose to $13.6 billion in 2007, $10.9 billion more than in 1992 and $3 million more than in 2006. The highest bets were registered in Alberta, $890 per capita, followed by Saskatchewan and Manitoba.

After taking part in a triathlon to fund a children’s hospital in Los Angeles, Jennifer Lopez flew to New York to celebrate her husband’s birthday. The actress organized a spectacular surprise party which emulated the ambient of a Cuban casino of the 40s.

JLo confessed she deceived her husband when he asked about what they would do to celebrate his 40th birthday. She tried to avoid the subject and told Marc she would have a busy weekend preparing for the triathlon. However, Jennifer was already organizing a surprise party in the exclusive New York Bowery Hotel.

MGM Mirage will double the number of gaming tables for high-rollers in its Macau casino by the end of the year in order to make the most of the increasing number of players who spend more than 124,000 dollars per visit.

CEO Terrence Lanni said in a press conference held this week that the company will increase the number of VIP tables from 70 to 150. Macao obtained almost 70 per cent of its gaming profits from VIP Players, defined as those who spend more than 124,000 dollars per trip.

The current Canadian legislation does not allow for sporting bets at casino, but this could change soon as the government has announced that it is open to the idea of legalizing this kind of bets. Minister of Justice Rob Nicholson informed during a press conference that the idea is supported by the government.

Although there are some exceptions in the regulations concerning casinos, none of them includes betting on sports events. The government will certainly have to face a fierce opposition of some groups that argue that earning money with gambling addicts is not ethical.

The Irish Minister of Justice has revealed that gambling laws in the country will be liberalized and a new regulatory authority will be created to control all kinds of gambling. Minister Dermot Ahern declared that current regulations concerning gambling are not effective any more, but he promised to reach an agreement between the parties and ask for public opinion before making any changes.

Casinos are illegal in Ireland since the 1956 Gaming and Lotteries Act was approved, but currently there are up to 50 private clubs that offer roulette, blackjack and other casino games.

A casino in the French city of Cannes held this weekend the opening ceremony of an outdoor gaming area, the first of its kind in Europe. The 800-square meter area offers poker, blackjack and roulette tables and guests are allowed to smoke, something that is forbidden in restaurants, bars and in every indoors public space in France.

“We took advantage of a 2007 law which authorizes games to become outdoors activities. However, we had to fight the opposition of the Ministry of Internal Affairs to several regulations,” Richard Frischer, the director of the Palm Beach Casino, commented.