International edition
September 30, 2020

Macau already has a similar one

A replica of Venetian Las Vegas would be built in Madrid

(Spain).- The richest man in Las Vegas, Sheldon Adelson, would be interested in opening a casino in Madrid. It has already given the first step on the matter: directors of his staff have been in Ajalvir council, analyzing several locations.

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n case it is built in the future, Sheldon would open in Madrid de replica of Venetian Las Vegas, which has also been built in Macau. It is a de-luxe casino with around 300 rooms, an innovative concept in the city, were there are two casinos operating Torrelodones y Aranjuez.

Sheldon Adelson, the sixth richest man worldwide, according to Forbes, is the owner of casinos The Venetian and Palazzo in Las Vegas. Besides, It has opened another two in Macau. In 2008, its company, Las Vegas Sands Corporation, collected us$ 4.3 billion.

The reason why Sheldon team is in Spain and had opened, a few months ago, a second casino in Macau is clear: As Las Vegas is falling as gambling worldwide center as a consequence of the crisis, businessmen are looking for alternatives. The latest example had been the bankruptcy of casino tycoon Donald Trump.

Spain has attracted the interest of the giants of the sector. No other European nation has so many initiatives to open mega-casinos in the style of Las Vegas and Macau. In fact, from the beginning, Los Monegros project was thought to be in a French city, but finally, the whether benefited Spain (the bad experience in Disney Park in Paris also helped).

This way, Spain would be the third worldwide gaming center. That’s why a group of businessmen is planning an alternative project to Los Monegros, known as Gran Scala. The new idea of these investors is to reduce the initial number of casinos, do it in several phases and take advantage of the good location of the desert, which has AVE and airport.

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