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A handful of developers want to turn Europe into the new gambling capital of the world. Transfer Smart reports.

Exuding confidence and clarity, Jim Edgeron of the renowned timeshare sales group “Edge Timeshares” says the new gambling capitals of the world will be found in either China, Europe, or both.

Eurovegas is the term coined by Sheldon Adelson, owner of Las Vegas Sands Corporation and most profitable American of the last three years.

Sands Co. is known for their timeshare resorts in Las Vegas and Macau, the former Portuguese colony found on the southeastern coast of China.

Spain is the likely target for Eurovegas. It would create jobs and bring much needed money to cash-strapped Spain, who along with Ireland and Greece has been one of the weakest performing European economies. In fact, it’s Spain’s depressed economy that is allowing the idea of Eurovegas to gain traction. Spain’s unemployment rate stands at a staggering 23% as of this writing.

The Spanish government is expected to rule on the matter of legal gambling in the country within the next two months.

 


07/15/2012 5:54am

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07/17/2012 7:08am

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09/19/2013 11:29am

Timeshares became a popular vacation system in the early 70’s. The concept was very attractive and innovative, and gave the entrepreneurs a great opportunity to make enormous profits

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