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Spain – Real Madrid evaluating casino option

By - 18 June 2013

Real Madrid is looking at how it could bring a casino licence into its Santiago Bernabeu stadium in a move it believes would boost profits by €120m.

The Spanish footballing giant is keen to model a revamped and renovated Bernabeu on the Madison Square Garden in New York which has successfully exploited new revenue streams including a shopping mall, a hotel and other leisure amenities. President Florentino Perez is considering proposals for a casino, a hotel and a shopping mall whilst various sport betting options are also being analysed by the club. It is keen to be able to match the spending power of European football’s nouveau rich; namely Chelsea, Manchester City and Paris Saint Germain.  Madrid officials however want the club generate any extra income itself with extra amenities to attract spend away from match days.

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