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The Catalan Government issued last Friday the public tender for granting licenses to build six mega-casino hotels in the Costa Daurada, next to PortAventura amusement park. These 6 Las Vegas-style recreational centres are the main part of BCN World, a $6 billion project that will create the largest holiday resort in Europe.  The main promoter of the project, Veremonte, announced on Friday they will be presenting an offer for each of the six hotel and casino licenses in partnership with international investors, such as Chinese casino giant Melco and US multinational Hard Rock. Veremonte also added they have “everything ready” to launch construction.  All candidates must submit a minimum initial investment of €300 million, as well as a business plan to prevent money laundering. The tender will have 2 eliminatory phases and bids have to be presented before 25July.

The Catalan Parliament has finally approved the legal framework allowing the construction and the activities of the BCN World mega-resort, to be located next to PortAventura amusement park in the Costa Daurada. Now, the company Veremonte has the final green light to start construction, after it already had announced the first investors some months ago. Casino giant Melco, hotel brand Melià, US Hard Rock, Value Retail shopping malls and Investindustrial, which owns PortAventura, will participate in the $6 billion project. Furthermore, Ferrari announced it will build its first theme park in Europe there. BCN World involves 6 mega-casinos, large-size hotels, shopping malls, convention centres, theatres, golf courses, parks, a beach club, technology institutes and smart city developments.

The $6-billion BCN World has added another top international investor to those developing Europe's premier holiday resort, to be located next to the PortAventura theme park in Catalonia's Costa Daurada. Chinese casino company Melco, Spanish hotel network Melià and UK shopping centre developer Value Retail will build the first resort of the total 6. PortAventura, which will host Ferrari's theme park in Europe, will also build 3,000 additional hotel rooms. However, the company promoting BCN World, Veremonte, was waiting for the legal framework to be adapted in order to close deals with further investors. Last weekend, the Catalan Government and the Catalan Socialist Party (PSC) signed an agreement to adapt the rules and this Wednesday, Veremonte announced the Hard Rock deal.  

The Centre-Right Catalan Nationalist Coalition (CiU) – which runs the Catalan Government – and the opposition Catalan Socialist Party (PSC) - which does not support the self-determination vote – have reached an agreement on the new legal framework to develop the macro-resort BCN World. This project, promoted by Veremonte and located in Salou (Costa Daurada), has already announced some of its international partners, but in order to attract the rest of the investors needed and start construction, the legal framework on gambling and the area’s town planning had to be upgraded. After months of talks, the CiU has finally closed a deal with the PSC, instead of doing it with the Left Wing Catalan Independence Party (ERC), with whom it is promoting the self-determination agenda. The $6-billion BCN World will create some 17,000 jobs and will have mega-casinos, hotels, luxury shops, conference centres and beach clubs, among other things.

The Italian investment group has announced it will build and manage 3,000 of the 6,000 hotel rooms of the ‘BCN World’ mega resort, the competitor to Madrid’s Eurovegas that is being developed by Veremonte in Salou (Costa Daurada). The $6 billion entertainment resort will be located next to the beach and the PortAventura theme park, which is owned by Investindustrial. After a year of talks, the Italian company has finally decided to join the mega resort project, which will have casinos, hotels, convention centres, luxury shops, restaurants, golf courses and a beach club. The CEO of ‘BCN World’, Xavier Adserà, confirmed that the resort will begin building in the first half of 2014, employing 17,000 people. The hotel group Melià, shopping-mall company Value Retail and casino group Melco Crown Entertainment will build the first phase.

On Thursday, the Catalan Government published the new legal project for the area where ‘BCN World’ will be built, in order to modify the existing town-planning project and other rules. In addition, it will also modify the current taxes on gambling, dropping them from a maximum rate of 55% to 10%. The modification of such taxes was one of the changes the Catalan Government had promised international investors in order to develop the mega resort, which will see the construction of 6 casinos and hotels the size of those in Las Vegas. In addition, the resort will have golf courses, a beach club, a marina, a smart residential city area, shopping centres, theatres, conference centres and other attractions. Two weeks ago, the first three international investors participating in the project were announced. Plans are to start construction of the first casino in September.

The Catalan Government announced last September the ‘BCN World’ project, a mega-resort that will be built on the Costa Daurada, near Tarragona and Salou. According to the forecasts, the construction will cost €4.7 billion and the opening is scheduled for 2016. The complex will consist of six casinos and theme parks, 12,000 hotel rooms, golf courts and a smart city, among other aspects. The initiative was presented just a few hours before it was confirmed that Sheldon Adelson’s ‘Eurovegas’ would go to Madrid, although the Catalan Government denied that ‘BCN World’ is the alternative project. While experts validate the economic viability of the project, they do question the suitability of this leisure model in Europe. Just weeks before construction begins, there are still a lot of questions without being answered.

Choosing between these two rival cities to build the macro complex of hotels, casinos and business centres is “very difficult”, according to the Chief Operating Officer of Las Vegas Sands Corporation, Michael Leven, who visited Barcelona on Monday and Madrid on Tuesday

A new concept casino has recently opened in Lloret de Mar in Catalonia. The Gran Casino Costa Brava consists of 2,000 square metres of gambling space and a conference centre next to the Mediterranean Sea.