Madrid likely pick for Eurovegas development

Madrid likely pick for Eurovegas development

Thursday, September 6, 2012 Totally Gaming

Madrid now looks like the destination for Las Vegas Sands' Eurovegas resort development, after Arturo Mas, president of Spanish region Catalonia, conceded defeat. A statement from the Catalonian government said "It is not that we do not want the project. We have made a very attractive offer and closed the gap on Madrid, but negotiations cannot go on forever."

The El Pais newspaper reported that the government was reviewing the potential Madrid deal with Las Vegas Sands and, while the project would get tax incentives, labor law and indoor smoking restrictions would not be modified for the casino complex.

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