Eurovegas
| Industry | Amusement parks and resorts |
|---|---|
| Founded | Cancelled |
| Founder | Sheldon Adelson |
| Headquarters | Alcorcón, Madrid, Spain |
| Owner | Las Vegas Sands |
| Website | Eurovegas official website |
Eurovegas was a gambling resort project proposed in September 2012, to be completed in 2025 or 2026 in Alcorcón, Spain. The project was cancelled after disagreements between the entrepreneur, Sheldon Adelson, and the local governments.
In September 2012 Sheldon Adelson proposed a major investment in Europe after he and his team had been in discussions with government officials in Madrid and Barcelona and possibly elsewhere in Europe.
Finally, Las Vegas Sands Corp. announced Madrid had been chosen as the destination for the gambling resort project dubbed "EuroVegas". More precisely, in February 2013 it was reported the town of Alcorcón, in the outskirts of the Spanish capital had been chosen as the site for the "EuroVegas" project. It is expected to take about ten years to build
Eventually in 2025 or 2026 Eurovegas would have occupied approximately 2000 acres (7.5 square kilometers), and when completed, would have comprised:
The developer planned to the first phase in 2016 but reports that the Government of Spain was reluctant to grant the various legal exemptions necessary. In effect, the company wanted a legal tax haven in which the Europe wide ban on smoking in public places would not apply, its management code would replace national employment regulations. These issues relate to easements of various European Directives, and may be a smokescreen to obscure funding difficulties
Eurovegas would have been the third resort macrocomplex to open outside of the United States of America (after Macau and Singapore). The completion of the works was planned to wait until 2022 and inauguration final and official until 2025 or 2026.
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Wikipedia