Sands eyeing $20 billion casino project in Spain - BusinessWeek

Friday, 18 February 2011 06:41 administrator
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SINGAPORE

Las Vegas Sands Corp. Chief Executive Sheldon Adelson says he's considering investing up to euros 15 billion ($20.3 billion) in a massive strip-style casino project in Spain.

Adelson told reporters in Singapore that he is in talks with officials from Madrid and

Barcelona about the project. Adelson said the it would have 20,000 hotel rooms along with millions of square feet of retail and convention space.

Adelson said he would need government concessions regarding land and guarantees that building plans would be approved quickly.

Las Vegas Sands owns Singapore's Marina Bay Sands, the Sands Macau and the Venetian Macau along with the Sands Casino Resort Bethlehem in Pennsylvania and the Venetian and the Palazzo in Las Vegas.




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