Adelson Could Cancel Eurovegas

Adelson Could Cancel Eurovegas

Wednesday, 18 September 2013

According to Spanish website Poker10, Sheldon Adelson has taken a hard-line stance on the anti-smoking laws surrounding his Eurovegas project.

The Las Vegas casino tycoon has maintained from the start that he would like Spain's indoor smoking ban to be relaxed in order for his Eurovegas project to be completed. However, in the last few days it's emerged that Adelson has moved from simply suggesting a change to demanding it, with reports suggesting he will cancel the project altogether if nothing is done.

While Adelson is pushing hard for his terms to be met, Spain's Prime Minister, Mariano Rajoy, isn't keen to relax the law despite the significant economic benefits the project could bring to his country.

With the two parties now butting heads, many have suggested that Adelson will now relocate his project to Ho Chi Minh City in Vietnam. Indeed, Madrid socialist party spokesman Tomas Gomez, has suggested that the Spanish capital's failure to secure the 2020 Olympic Games is another reason why Adelson is now looking to new locations.

However, Ignacio Gonzalez, another Spanish MP, believes that the future of the project lies solely with the central government and if it fails to materialise it will be due to their reluctance to work alongside Adelson.

Tags: Sheldon Adelson, Eurovegas, Spain