Wednesday 11 April 2012

$35 Billion mini-Las Vegas

(Reuters) - Billionaire Sheldon Adelson said on Wednesday he plans to spend $35 billion on a mini-Las Vegas strip in Spain where he is courting the country's two top urban areas, Barcelona and Madrid, with plans for a casino complex.

Adelson, chairman and CEO of Las Vegas Sands Corp, was speaking at a press conference ahead of the opening of his new $4 billion casino property in Macau, the world's largest casino destination.
"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," said Adelson, one of the world's richest men worth an estimated $25 billion according to Forbes.

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