The Europa Vegas project could cost around 17 billion euros
Barcelona and Madrid want Sands mega-casino
2012-03-02
Reading time 41 seg
(Spain).- Las Vegas Sands chairman, Sheldon Adelson, was in Spain looking at a vast stretch of land close to Barcelona’s airport as a possible site for his mega Europa Vegas project. According to UK newspaper The Guardian, the land is being offered to the gaming mogul despite environmental concerns.
The Europa Vegas project could cost around 17 billion euros. Madrid’s regional prime minister, Esperanza Aguirre, has meanwhile met Mr Adelson five times, as the two Spanish cities compete to be picked to host the project.
“We should change whatever norms have to be changed,” Ms Aguirre was quoted as saying. “We have to encourage this … though there are some demands that can be accepted and others that cannot.”
Both regions hope the project will have the kind of financial success that Mr Adelson’s properties in Singapore and Macau have had. The project is expected to create 260,000 new jobs. But opposition leaders in both cities worry that this will cause an increase in gambling addiction, crime, suicides and bankruptcies.
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