For more than 25 years the gambling capital of the World, Las Vegas has been booming but America's failing economy has finally caught up with it.
The real estate market, has collapsed and thousands of homes are being repossessed,also thousands of casino employees are losing their jobs because even the amount of money people are gambling with has dropped alarmingly.
MGM Mirage Inc the largest casino operator on the Las Vegas strip, has sensationally terminated 400 middle management jobs with immediate effect.Las Vegas is now being called Lost Vegas
as the economic collapse which hit the rest of America gets even worse.
The number of homeless in the USA has now reached over 500,000 people, some living in their cars,others so poor they have even sold their car and are now living in a tent.
