It's official: Eurovegas chooses Madrid for European expansion

No details have emerged about tax, labour or environment concessions

MADRID (Agencies) As we reported recently, the company owned by billionaire magnate Sheldon Adelson, Las Vegas Sands, has chosen Madrid as its site for expansion into Europe. The battle between Spain's two major cities, was won by the nation's capital instead of Barcelona, which announced recently that it planned its own 'theme park'. Both cities vied for the gambling centre on the assumption that it would employ some 200,000 people, directly and indirectly, particularly during the construction stages. Las Vegas Sands says it means an investment of some €17,000 million. SOON YOU WILL BE UNABLE TO READ THE REST OF ITEMS SUCH AS THIS WITHOUT A SUBSCRIPTION>>>

Catalonia announces mega tourist resort development

Announcement comes before (unofficial) loss of Eurovegas

BARCELONA (Agencies) The government of Catalonia announced yesterday that it was planning the development of Barcelona World, with an investment of €4,740m and the creation of around 20,000 jobs. This comes as rumours fly that Las Vegas developer Sheldon Adelson has chosen Madrid as the site for his company's expansion into Europe. Behind the Catalonian development is the Veremonte Group, whose largest shareholder is Enrique Bañuelos de Castro, an international businessman who announced that SOON YOU WILL BE UNABLE TO READ THE REST OF ITEMS SUCH AS THESE UNLESS YOU SUBSCRIBE

Is EuroVegas decision made?

Sheldon Adelson

MADRID There are persistent reports (rumours, really) that say that billionaire financier Sheldon Adelson's company, Las Vegas Sands, has made its decision on where to install a Las Vegas 'copy' in Spain. The two rival cities were Barcelona and Madrid. The company is making no comment, but Esperanza Aguirre, Mayor of Madrid, said in a radio interview yesterday that she had a 'positive intuition' that the choice had fallen on Madrid. In Barcelona several politicians have remarked about how an opportunity 'has been' lost. According to Adelson, EuroVegas would mean>>>