Las Vegas Sands scraps ‘EuroVegas’

December 14, 2013 at 12:00a.m.

Associated Press

MADRID

Casino operator Las Vegas Sands on Friday scrapped plans to build a “EuroVegas” resort near Madrid after the Spanish government rejected as illegal concessions demanded for the investment.

The company, led by 80-year-old American tycoon Sheldon Adelson, had proposed a $30 billion project that was to include 12 hotels, six casinos, a convention center, golf courses, theaters, shopping malls, bars and restaurants.