Las Vegas Sands Picks Alcorcon for ‘EuroVegas’ Casino in Spain

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Las Vegas Sands Corp., the casino company controlled by billionaire Sheldon Adelson, chose the town of Alcorcon near Madrid as the site of Europe’s largest resort, a project that may boost Spain’s ailing economy.

“For some time we have been working on an inspiring and extraordinary project whose goal is to make Madrid the international reference point for conventions, fairs, exhibitions and leisure in Southern Europe,” Ignacio Gonzalez, president of Madrid’s regional government, said today at a press conference in the Spanish capital.