Much talk of late has been brewing about how the Las Vegas gambling scene is being affected by the global gambling market. This was an underlying theme throughout the American Gaming Association's recent Global Gaming Expo, which hosted a large turnout of casino operators, players, slot manufacturers and about anyone else connected to the gambling industry in any way whatsoever.

Some of these talks included rising fuel prices and concern from international investors regarding the stability of the Asian economy, which at times, appears as if it may be on the verge of busting. With the prospects of China having to float its currency, the great casino gambling boom in Asia, which is currently based in Macau, may not be as lucrative in the future as it now is.

While international instability may pose more risk to operators like Harrah's and Las Vegas Sands Corp., local casino operators, such as Boyd Gaming and Station Casinos, do not have nearly as much at stake overseas, and are not nearly as concerned with the economic situation in Asia. At a closed-door investment session, bankers at Goldman Sachs and Deutsche Bank praised these operators who have been putting the majority of their resources in the local market.

With all of this speculation said and done, it is only inevitable the largest casino gambling destination in the world will start to get more attention. Las Vegas is doing better than it ever has. With an ongoing construction boom and high demand for condos and residences, prospects for the local casino operators are looking better each day. Another great prospect for Las Vegas as a whole is the upcoming James Bond movie, Casino Royale, which many gambling executives believe will be a major impetus for the young professional crowd to experience Las Vegas firsthand.