While Adelson’s pulling out Spain may look bad on the surface, it may spell good news for Spain’s casino market. Las Vegas casino magnate and archenemy of online casinos in America Sheldon Adelson and his Las Vegas Sands Corporation pulled out of a resort casino project in Spain last December. Dubbed “EuroVegas” in the media, […]
Monica E. February 6, 2014 15:36:24
A petition to stop the casino from being built has been rejected by authorities, so the project is moving forward. While Las Vegas Sands gave up on its Eurovegas project, plans for the new casino in Mallorca are moving forward. Several locations were taken into consideration, including Playa de Palma and Bendinat, but the developer […]
Tom S. February 3, 2014 12:19:35
Casino project would have provided jobs and tax dollars, but ultimately demands were too heavy. Las Vegas Sands owner Sheldon Adelson recently chose to abandon a $30 billion dollar project outside of Madrid. The press had dubbed it “EuroVegas” due to its immense size. It would have included 12 hotels and 6 casinos as well […]
Tom S. January 27, 2014 13:48:54
Regulators meet as unregulated gambling deprives governments of tax revenue Gaming regulators from France, Spain, Germany, the UK, Poland, Portugal and Italy met in Rome earlier this month to discuss information sharing and the exchange of good practices. Much of this concerned sharing market data to improve regulation as well as prevent the growth of […]
Monica E. January 6, 2014 19:05:58
Painful financial report shows Greece needs some fresh changes on the gambling market. Greek poker rooms and casinos have hit a rough patch. The latest financial reports show another decline in revenues, with 2013 being the fifth consecutive year when profits drop. Since 2008, when turnover reached a record amount of EUR 744.5 million, casinos […]
Monica E. January 3, 2014 10:09:36
Las Vegas Sands is hoping to get their hands on the much-coveted, untapped territory of Athens. After cancelling plans for the EUR 30 billion Eurovegas casino resort near Madrid, Las Vegas Sands is considering entering the Greek gambling market. The world’s largest casino operator is examining the possibility of opening a gambling venue in Greek […]
Alex Nevsky December 16, 2013 16:34:58
US casino operator Las Vegas Sands cancels $30 billion Eurovegas project in Madrid, because of current Spanish gambling laws
Alex Nevsky November 29, 2013 06:56:55
Eye Watering Taxation Leads to 20% Fall in Online Gambling Gross Win in Spain Over the Past 6 Months
Tom S. September 23, 2013 17:25:25
Sportium Online Offering Gets Launch Date
Alex Nevsky September 20, 2013 10:49:33
Las Vegas Sands Search for Smoking Law Concession Over Madrid Casino Resort
George M. June 27, 2013 16:39:53
Hungary becomes a regulated market for online gambling.
AI S. November 20, 2012 16:28:21
EuroVegas boss Sheldon Adelson haggles Madrid gambling tax down to 10%.
Derek Sebastian March 4, 2012 00:55:29
Over 20 billion dollars to be invested in Spanish casino-resorts while creating 200,000 jobs.
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