Madrid gets ready for ‘EuroVegas’

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.

Ana Isabel Marino, Madrid councillor for planning and environment, said the regional government received the news “with contained satisfaction, given that this is the first step”.

Las Vegas Sands chairman and CEO Sheldon Adelson announced the decision to choose Madrid over Barcelona for the multi-billion dollar gambling resort.