A few days ago, the definite location of the future city of leisure, Eurovegas, finally became known, falling to Alcorcón, a town near Madrid. Since the United States casino magnate Sheldon Adelson chose Spain to host their European venture, voices in favor and against this project have flooded social networks. According to the local government of the autonomous community of Madrid, which has carried the weight of the negotiations with Las Vegas Sands (Adelson's company), the advantages of implementing the project are endless. The President of the Community, Ignacio González, talks about the creation of 80,000 direct and indirect jobs [es] in the first phase, and 250,000 more when the project is finalized. Eurovegas's website affirms that “it could generate thousands of jobs both directly and, above all, indirectly for almost 50% of the more than 400,000 unemployed individuals in the region.” So then why are so many voices raised against this project, which appears to have fallen from the heavens onto a country with over five million unemployed? A sign opposing Eurovegas on a fence. Photo from «Detengamos Eurovegas Alcorcón» on Facebook The first statistic that catches people's attention is the number of employees: while understanding that many of the positions being considered are indirect, they end up being quite excessive. As Santi Demajo explains in his post, “Eurovegas: fake positions and other lies” [es]: Sólo hace falta consultar los datos oficiales de Las Vegas Sands Corporation (LVS) en su web para ver que los 260.000 empleos es una gran mentira. Concretamente el Annual Report 2011 (informe anual) de la empresa indica que los 4 macrocomplejos que Adelson tiene en todo el mundo (en EEUU, Macao y Singapur) dan trabajo a . You just need to consider the official data from the Las Vegas Sands Corporation (LVS) on their website to see that the 260,000 jobs are a huge lie. Specifically, the company's Annual Report 2011 indicates that the 4 macro-complexes that Adelson has in the world (in the U.S., Macao, and Singapore) create jobs for a total of 40,000 people, an average of 10,000 jobs so far per complex. Another point that netizens find hard to believe is the investment that LVS will make in the project. Initially, the company should have provided the entire capital for the first phase, € 6.7 billion, but LVS has reduced this number to € 2.7 billion, and claims that banks will finance the rest. Pablo García, in his article, “Eurovegas starts to spin: Adelson cuts more than half of his share for the first phase,” [es] for vozpópuli, talks to us about the reactions that this has provoked: “(…) implica nuevas concesiones o una contribución más arriesgada de la banca española -se prevé que alguna entidad participe- que al final acabe perjudicando a los ciudadanos”, criticó ayer en conversación telefónica con Vozpópuli la portavoz de Equo en Madrid, Inés Sabanés, una de las voces críticas con el plan de Adelson. “(…) implicates new concessions or a -it is expected that some entity will participate- which in the end winds up hurting citizens,” said yesterday Vozpópuli Equo spokeswoman in Madrid, Ines Sabanés, one of the voices critical of Adelson's plan, in a conversation over the phone. Given that the Spansih banks are going through a delicate economic situation, and the government endorses the bailout granted by Europe, it is difficult to understand why these banks would get involved in risky investments of this sort. But perhaps the point that the fewest appreciate on the social networks is the fact that politicians do not appear to have any problem modifying any number of laws necessary to carry out Alderton's wishes which include, for example: “Smoking while playing Eurovegas slot machines DOES NOT GIVE YOU CANCER” Meme with the former president of the Community of Madrid. Image from «Ojos de humanoide» LVS will not be fined for serious misconduct (cheating the casinos) (Sources: elplural.com and 20minutos.es) Also criticized are the changes that LVS claims to obtain in labor rights, such as not applying the statute for workers or that Eurovegas enjoy a “light” version of the immigration law to expedite the hiring of foreign workers, which we can read in the article, Sheldon Adelson and Eurovegas: Welcome to the Banana Republic of Spain! [es] from website «Y entre tanto…» (“And meanwhile…”). In the article, the author informs us that: 1.- El Departamento de Justicia americano y la U.S.
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Eurovegas in Spain: Panacea or Plunder?
2026-11-15 10:01:46 · The Daily Ledger
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