International edition
September 22, 2020

In Madrid or Barcelona

Las Vegas Sands wants to build a us$ 20 billion 'Euro-Vegas' in Spain

(Spain).- Las Vegas Sands CEO, Sheldon Adelson, said he is touting a 15 billion Euros (US$20.3 billion) plan for a massive strip-style casino resort in Madrid or Barcelona. He said we’d like to use a name such us Europe Vegas.

S

ands is in talks with officials from both cities about the project, which could have 20,000 hotel rooms, millions of square feet of retail and convention space and create 180,000 jobs, Adelson told.
 
"I want to do a mini-Las Vegas in Europe. I hope we can use the name Europe Vegas or Euro-Vegas," Adelson said.

Adelson said he plans to meet with contractors in two weeks and is assembling a team of architects and builders that would construct several resorts at once. “We’re very seriously considering this; we're very actively pursuing this. There's no reason why we can't do it," he said.

Las Vegas Sands invested about US$6 billion to build the Marina Bay Sands casino resort in Singapore, which opened last year. Adelson said Sands is seeking more land from Singapore to enlarge the casino's convention space because demand has been much higher than expected.
 
Sands would need concessions from the Spanish government for land and guarantees that building plans would be approved quickly, Adelson said, "We need the support of the government. We can't draw up a plan, give it to the building department and wait six months to get an answer."

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