Log in Register

Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *
Login With Facebook

Sands to invest $35 billion in Spanish ‘mini Vegas’

alt

American billionnaire Sheldon Adelson has announced a $35 billion investment on massive Vegas-style casino complexes in Madrid and Barcelona.

Following the opening of his latest casino complex, in Macau, Mr Adelson told Reuters: “We are looking at 12 integrated resorts, 3,000 rooms each. A mini Las Vegas about half the size of the Las Vegas strip in Spain for the European market.”

It is estimated each casino building could cost the Las Vegas Sands group between 2.5 and 3 billion dollars to build and would be completed in about a decade.

The company would target wealthy customers from Western Europe but also the burgeoning tourist class from the former Eastern bloc.

The project is in the planning stages and a decision by the Spanish government is expected to come in the next three months.

 

Special Offers

5-star hotel in Istanbul for only Euro 37 per night

5-star hotel in Istanbul for only Euro 37 per nightByotell is a modern luxury 5-star hotel with glass-walled tower featuring panoramic views over the city of Istanbul and the
  • More Special Offers
  • Hotels

    New seaside resort in Qatar

    Those of you planning a trip to Qatar may want to check out Qatar’s first leisure destination Sealine Beach, a Murwab Resort, which has now opened following a major
  • More Hotels News
  • Destination:

    1. Start date:

    2. End date: