The competitor to EuroVegas which is to be built in Barcelona has asked Melco International Development which is a partner to Melco Crown Entertainment in Macau to take part in the development.
Melco which is led by Lawrence Ho has confirmed they have been invited to take part in the project in Barcelona by developers of the project, Veremonte.
The Barcelona gaming and leisure complex which is estimated to cost $1 billion,
Melco International Development Ltd – a partner in Macau casino developer Melco Crown Entertainment Ltd – has been invited to take part in a US$1 billion gaming and leisure project in Barcelona, Spain.
Melco confirmed last night it had been asked to operate a casino at ‘Barcelona World’ – also known BCN World – planned for the Catalan capital. The project is being organised via a vehicle called Veremonte.
Melco said in a statement to Macau Business Daily: “Melco International Development Limited is happy to be invited by Veremonte to take part in the Barcelona World project as casino operator. In the coming months, we shall continue to work with Veremonte on the definitive casino management agreement and shall make announcement when the agreement is signed.”
The Barcelona project came about after being turned down by Las Vegas Sands as its preferred destination for the EuroVegas resort, which Madrid eventually won. EuroVegas is slated as a $9 billion resort project, however recently EuroVegas has been stalled with land auction delays and the request that the casino side of the resort be allowed for customers to smoke, which is against the law in Spain.
The first phase of the resort in Barcelona would be called Barcelona Dream and occupying 300,000 square meters with 1,100 hotel beds, a casino and a theatre. Developers say that it will take two years to build and could be operational by 2016.