Las Vegas Sands is to invest $35bn to develop a “mini Las Vegas” in Spain, chairman Sheldon Adelson revealed.
Speaking today at a press conference ahead of the opening of the company’s latest Macau resort, Sands Cotai Central (pictured), Adelson unveiled his plans for the Spanish project, which has already been dubbed ‘Eurovegas’.
“We are looking at 12 integrated resorts, 3,000 rooms each. A mini Las Vegas, about half the size of the Las Vegas Strip in Spain for the European market,” he said.
Barcelona and Madrid are both in the running to be chosen as the location for the company’s Spanish project, although LVS is understood to be seeking certain concessions before it makes its final decision.
According to Reuters, Adelson also spoke of his plans to develop additional integrated resort casinos in Asia, pending new legislation. He said his company is “looking to build two each” in Japan, Korea and Vietnam.
