Melco and Grup Peralada dropped out of project

Hard Rock emerges as sole bidder for casino development in Spain

The US-based operator has formally submitted an application for a license to build BCN World -an integraterd resort and casino in Tarragona (Catalonia).
2017-07-04
Reading time 44 seg
The US-based operator has formally submitted an application for a license to build BCN World -an integraterd resort and casino in Tarragona (Catalonia).

The proposal includes an investment of USD 2.3B and the creation of 10,000 jobs. 

The descriptionof the project will be announced on July 10.

The details include the architectural proposal and the financial viability studies presented by Hard Rock. 

The President of the Generalitat (the Catalan regulator), Carles Puigdemont, believes that Hard Rock "is a great partner, a great brand, surely one of the best operators to make the project come true".

"We have never thrown the towel to carry out a long-claimed project; With this investment there will be a strengthening of the tourist identity of our country, and the area will see growth in terms of jobs and wealth generation," he said.

Hard Rock has already provided a guarantee of EUR 3M to apply for the casino license.

This amount is additional to the EUR 2.5M that the operator already gave to the Institut Català del Sòl to have access to the land.

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