EUROVEGAS demands tax exemptions and changes to smoking and employment laws
Saturday, February 9, 2013 @ 3:26 PM
MADRID will create a 'legal island' for Eurovegas which gives the complex special treatment and exemptions, reveals the regional government. The huge Vegas-style casino resort will create at least 120,000 jobs and provide a massive boost to the regional economy and that of the town of Alcorcón, where it will be based – but US tycoon Sheldon Adelson has demanded a series of privileges in exchange. These include exemption from taxes such as IBI (property tax), income tax and gambling tax; changes in the Workers' Statute to make it cheaper to employ people; changes to foreign affairs legislation so that they can take on employees from other countries; complete freedom of opening hours; relaxing of smoking laws to allow lighting-up in the casinos; allowing under-18s to enter the gambling areas - since they may have to cross through them to get to their hotels or other leisure facilities, and parents may need to take their children with them if they go into the casino areas; and the law preventing gambling addicts from playing to be eliminated.
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