US firm Las Vegas Sands confirms Madrid mega-casino project
MADRID (AFP) - US firm Las Vegas Sands said on Friday that it will go ahead with the construction of a vast casino project near Madrid which could create up to 200,000 jobs, the Madrid regional government said.
Six years after unveiling the contested project, the company run by US billionaire Sheldon Adelson will build the project on 750 hectares of land in Alcorcon, located about 15 kilometres southwest of the Spanish capital, the head of the regional government of Madrid, Ignacio Gonzalez, said.
"We expect to launch the first rock at the end of the year," he told a news conference.
The "Eurovegas" project calls for the construction of four casino complexes with 12 hotels providing 36,000 rooms, nine theatres, three golf courses, and convention centres over a period of 10-15 years.