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gambling in spain

A slice of Vegas in Spain stirs controversy

July 16, 2012 by Guy Hedgecoe Leave a Comment

Eurovegas

It sounds like the answer to the prayers of the Spanish government. A multi-billion-dollar gambling complex led by an American tycoon who promises to bring the glamour of California to Spain and kick-start the country’s struggling economy by creating a quarter of a million jobs. But EuroVegas, as it’s known, is also a scheme that has sparked fears about spiralling crime, prostitution and environmental violations and which has highlighted the age-old tensions between Spain’s two main cities. American casino magnate Sheldon Adelson, with an estimated $25-billion fortune, plans to build a European gambling hub that will include six casinos and 12 hotels. His Las Vegas Sands company says … [Read more...] about A slice of Vegas in Spain stirs controversy

Filed Under: Business, Featured Tagged With: adelson, barcelona, debt crisis, eurovegas, eurozone crisis, gambling in spain, investment in spain, madrid, prostitution, spain economy, spain politics, spanish gambling laws, spanish prostitution, unemployment

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