vegasstyle complex of a casinos hotelsmalls
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Vegas-style complex of a casinos, hotels,malls,

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Vegas-style complex of a casinos, hotels,malls,

Spain - Arabstoday

Spain's two main cities are battling it out for a Vegas-style complex of a dozen casinos, several hotels, shopping malls, conference centres, golf courses and theatres in an attempt to create jobs as the economy slumps back into recession. With unemployment at 23% and rising, politicians calculate the vast casino city will create 260,000 jobs, securing work for close to half the unemployed in the densely populated provinces of either Madrid or Barcelona. But opposition politicians and the church warn that the cure will be worse than the illness, claiming Europa Vegas, the €17bn (£14.3bn) project planned by the US billionaire Sheldon Adelson, will bring a surge in gambling addiction. Local officials, though, are bending over backwards to accommodate Adelson, who is reportedly demanding tax breaks, gambling law changes, new labour laws and free land as he extends his empire from Las Vegas and Asia into Europe. "We believe we have the necessary package of agreements with the government which we need to provide assurance of success," Adelson told Forbes magazine, which described him as the American billionaire who had most increased his wealth since 2008. "We're just finalising the last components." His Las Vegas Sands company did not answer a request for details about the agreements reached on the project, which would be equivalent in size to half of the Las Vegas strip, the four-mile stretch of megacasinos in Nevada. Last week Adelson was in Spain again, looking at a vast beachfront stretch of land close to Barcelona's airport that has been offered to him despite environmental protection orders. "This would turn Catalonia and Barcelona into the leading tourism zone in Europe," said the regional Catalan president, Artur Mas. But Mas accepts Madrid is in the lead. Its regional prime minister, Esperanza Aguirre, has met Adelson five times. "We should change whatever norms have to be changed," she said recently. "We have to encourage this ... though there are some demands that can be accepted and others that cannot." Both regions hope Europa Vegas will have the kind of runaway financial success that Adelson's new outposts in Singapore and Macao are enjoying. But opposition politicians in both Madrid and Barcelona are worried. "We don't agree with this sort of economic model, which would create a tax haven that comes close to being a form of slavery," said a socialist Madrid regional deputy José Quintana. Local bishops in Madrid are rebelling against the project. "As a recent parliamentary session pointed out, gambling addiction brings with it an increase in illegal acts, suicides and bankruptcies," the bishopric of Alcalá said in a note to parishioners. Forbes rates 78-year-old Adelson as the eighth wealthiest person in the US, with a net worth of $21.5bn. Income at Las Vegas Sands, which owns the Venetian, the Palazzo and the Sands Expo Center in Las Vegas, leaped 26% in the last quarter – though 90% of his profits now come from operations in Macao and Singapore.

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vegasstyle complex of a casinos hotelsmalls vegasstyle complex of a casinos hotelsmalls

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vegasstyle complex of a casinos hotelsmalls vegasstyle complex of a casinos hotelsmalls

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 01:11 2017 Saturday ,14 January

BMCE Bank Ordered to Pay MAD 900 Million in Taxes

GMT 13:22 2017 Wednesday ,26 July

Farid Shawky in the eyes of artists

GMT 10:30 2017 Tuesday ,31 October

Bahrain calls for freeze on Qatar's GCC membership

GMT 08:28 2017 Thursday ,14 September

Egypt arrests lawyer linked to slain Italian student

GMT 09:16 2018 Friday ,05 January

No US bill on tightening Iran nuclear

GMT 19:13 2012 Thursday ,15 November

Manish Arora and Amrapali collaborate for SS13

GMT 23:38 2017 Tuesday ,28 February

Students rally after woman threatened with rape

GMT 09:14 2012 Tuesday ,15 May

Sony Radio Academy awards winners

GMT 19:21 2014 Tuesday ,30 September

Khadija al-Shangiti shares experiences through poetry

GMT 10:58 2017 Wednesday ,30 August

Harvey makes second landfall, hitting Louisiana

GMT 13:06 2013 Saturday ,31 August

QVC collaborates with Museum of London

GMT 21:35 2012 Friday ,07 September

LIALI jewelry collections for Onam 2012

GMT 11:11 2011 Tuesday ,06 December

EA app offers $60 worth of in-game downloads

GMT 13:10 2012 Friday ,16 March

Diary of a wimpy kid
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday