US commercial property developer Cordish Companies is reported to have presented plans to build a mega-casino in Madrid, despite concerns from local authorities that have previously rejected its proposals. The Executive of Madrid is reported to be reviewing a new proposal by Cordish to develop an entertainment complex branded “EuroVegas” that would include a multi-plex casino, restaurants and hotels, amongst …
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Madrid Council puts a firm break on gambling establishments
Madrid City Council has followed the lead of its Barcelona counterpart by confirming that it will freeze all further gambling-related retail concessions from opening within its municipal district. The decision has been confirmed by Madrid Council President Isabel Diaz Ayuso, who stated that the city’s executive would maintain the measure until the Spanish government implements its long-awaited federal decree on gambling. …
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