Spain’s Vegas?

Las Vegas Sands Corp chief exec Sheldon Adelson wants to build a euro 15 billion ($20.3 billion) casino resort development in Madrid or Barcelona.

He’s reportedly in talks with officials from both cities about the project, which could have 20,000 hotel rooms, millions of square feet of retail and convention space and create 180,000 jobs.

“I want to do a mini-Las Vegas in Europe. I hope we can use the name Europe Vegas or Euro-Vegas,” he said. “We’re very seriously considering this, we’re very actively pursuing this. There’s no reason why we can’t do it.”

Sands would need concessions from the Spanish government for land and guarantees that building plans would be approved quickly.

Las Vegas Sands has invested about $6 billion to build the Marina Bay Sands casino resort in Singapore, which opened last year.
The company is seeking more land in Singapore to enlarge the casino’s convention space because demand has been much higher than expected.

It also has the Sands Macau and the Venetian Macau along with the Sands Casino Resort Bethlehem in Pennsylvania and the Venetian and the Palazzo in Las Vegas.