Las Vegas Sands has announced a deal to spend $20 billion building a casino complex including six casinos, twelve hotels and three golf courses near Madrid. The project has aroused an unusual coalition of opponents - left-wing activists and Catholic bishops - who say the complex will bring problem gambling and bankruptcies. So can Las Vegas Sands repeat its success in building mega-resorts in Macau and Singapore? Or could this be more like Eurodisney?
Spain will be bankrupt before this casino complex is ever built, and, in any case, the Euro is well on the way to being a worthless currency. Overall, a foolish investment.Tom Hurst –Sep 10, 2012 17:58:42 PM