The decision by Las Vegas Sands to choose Madrid for a “EuroVegas” casino project was welcomed by city officials, but potential obstacles include the company’s decision to fund only 35% of the resort and to demand changes in local laws.

Already down in the opinion polls, Barack Obama is also losing badly to Republican rival Mitt Romney in the fundraising stakes. Daniel Klaidman explores the US president’s cash crunch

US billionaire Sheldon Adelson said yesterday he plans to spend $35 billion (€26.3bn) on a mini-Las Vegas strip in Spain where he is courting the country’s two top urban areas, Barcelona and Madrid, with plans for a casino complex.

Republicans raised and spent money for the presidential race at a frenetic pace in January, according to financial disclosures that also show why Democrats are concerned about the flagging Super PAC that supports President Barack Obama.

Polls show Newt Gingrich will probably be hammered by Mitt Romney in the crucial Republican primary election in Florida tomorrow.

He’s an ardent supporter of Israel. A megabillionaire casino mogul whose Las Vegas Sands Corporation is under federal investigation.

DUBBED “super PACs” and flush with millions of dollars, outside groups backing and attacking Mitt Romney and Newt Gingrich include a hotel magnate, a casino mogul and former partners at Romney’s private equity firm.

US gaming giant Las Vegas Sands is “very actively pursuing” plans to build a Las Vegas-style casino strip in Spain at a cost of up to €15 billion, its chief said yesterday.

The owner of the Mecca bingo chain saw its shares lifted today amid hopes of new British government measures to help the battered industry.

A BILLION dollars is no longer enough to secure a place on Forbes’ rich list of Americans, the business magazine said yesterday.

MEXICAN telecom tycoon Carlos Slim Helú has overtaken Microsoft founder Bill Gates as the world’s richest person, Mexican financial website Sentido Comun has reported.

Israeli Prime Minister Ehud Olmert today compared Iran's nuclear ambitions and threats against Israel with the policies of Nazi Germany during a ceremony at Israel's national Holocaust memorial.

EARNING $1 million per hour, casino magnate Sheldon Adelson has shot to number three on the latest Forbes magazine American rich list, the first on which all 400 members were billionaires.

Sheffield United plc has announced it has signed a deal with Las Vegas Sands Inc to co-develop an entertainment complex behind the Laver Stand at the clubs's stadium, located in Bramall Lane.