Tag Archives: Madrid
Spain – Cordish reconfirms ‘steadfast commitment’ to Live! Resorts Madrid
Heads of The Cordish Companies David S. Cordish and Joseph S. Weinberg have sent a letter to the head of Madrid city government Cristina Cifuentes which reaffirms their willingness to build a large scale resort and casino in the municipality of Torres de la Alameda. In the letter they express their regret that they had…
Spain – Madrid government tells Cordish to revise its ‘unviable’ plans
The Madrid government has kicked out current plans by US operator Cordish Companies to develop a $2.2bn casino close to the capital city, slamming it as ‘unviable.’ It has though said Cordish is free to resubmit if its concerns are addressed. The operator of huge casinos such as Maryland Live! put forward its blueprint for…
Spain – Head of Madrid City Government gives backing to The Cordish Companies
The Head of Madrid city government Cristina Cifuentes has welcomed the news that The Cordish Companies plans to create a large scale hotel, casino and leisure complex near Madrid. She said that it was “good” news and that it would serve to revitalise the Corredor del Henares an industrial area in the north of the…
Spain – Cordish announces plans for Live! Madrid
The Cordish Companies, the US casino operator behind the Live! brand in Maryland and Philadelphia, has announced spectacular plans to create a large scale hotel, casino and leisure complex near Madrid. Initial investment could reach as much €2.2bn and could reach as much as €3bn if market conditions allow. The project will generate 56,433 new…
Spain – Madrid to host first Iberoamerican Gaming Summit
Madrid will host the first Iberoamerican Gaming Summit on May 7, 2014, entitled Driving business towards Latin America. The main objective of the Iberoamerican Gaming Summit is to establish a forum to analyse the sector at an international level. The event will bring together the main regulators from the different Iberoamerican countries, as well as…
Spain – Sands cancels plans to bring EuroVegas to Madrid
Las Vegas Sands has axed its plans to develop a mega-resort in Alcorcon, just outside of the Spanish capital of Madrid. After months of on-going discussions with various levels of the Spanish government and continued internal due diligence, Las Vegas Sands confirmed that its ‘formal proposal to invest more than $30bn to develop a series of integrated resorts…
Spain – Council approves location of Columbus Casino Gran Madrid
Casino Gran Madrid, the first casino in the Community of Madrid, is gearing up to the opening of its first branch in the heart of the capital, at the cross roads of Recoletos and Castellana. To be called Columbus Casino Gran Madrid, the ‘micro casino’ will be able to operate with a maximum of 65 slots…
Spain – Concern over Euro Vegas ‘truth’
The General Secretary of the Socialist Party of Madrid, Tomás Gómez has stated to local press that plans for the new Euro Vegas in Spain have ‘fallen through’ and has demanded that the government make an official announcement in order to clarify the issue. Mr. Gómez has demanded that the President of the Community of Madrid, Ignacio…
Spain – Spanish smoking decision could be autonomous
As it looks to embrace the economic benefits offered by Europe’s first Las Vegas style gaming destination; Euro Vegas near Madrid, the Spanish government has asked its legal advisors to find a way to allow smoking in casinos. The landmark ruling would be an exception to a general ban on smoking in public places and…
