People gathered in a protest against the Eurovegas project in Madrid, Spain, Saturday, March 17, 2012. Poster reads "Welcome Mister Adelson?", "Eurovegas no!", "Labor reform is Eurovegas", "Eurovegas shows the country what the Popular Party wants", "Vulnerability of the children", "Prostitution", "Gambling addiction" and "Criminality". Eurovegas is a U.S. billionaire's proposal that promises to build six casinos, 12 hotels and create jobs in a country on the brink of its second recession in four years and an unemployment rate near 23%. Madrid has been selected by Sheldon Adelson, 78, and his company Las Vegas Sands to be the site of Eurovegas, a project which protesters say would cost Spain more in grants, concessions and problems than it would yield benefits. (AP Photo/Andres Kudacki)
People gathered in a protest against the Eurovegas project in Madrid, Spain, Saturday, March 17, 2012. Poster reads "Welcome Mister Adelson?", "Eurovegas no!", "Labor reform is Eurovegas", "Eurovegas shows the country what the Popular Party wants", "Vulnerability of the children", "Prostitution", "Gambling addiction" and "Criminality". Eurovegas is a U.S. billionaire's proposal that promises to build six casinos, 12 hotels and create jobs in a country on the brink of its second recession in four years and an unemployment rate near 23%. Madrid has been selected by Sheldon Adelson, 78, and his company Las Vegas Sands to be the site of Eurovegas, a project which protesters say would cost Spain more in grants, concessions and problems than it would yield benefits. (AP Photo/Andres Kudacki)
MADRID (AP) — Around 200 people in downtown Madrid are protesting a project that aims to build six casinos and 12 hotels and create jobs in a country where unemployment is more than 20 percent.
Madrid has been selected by Sheldon Adelson, 78, and his company Las Vegas Sands to be the site of a vast complex called Eurovegas. But protesters say the plan will cost Spain more in grants, concessions and social problems than it can yield in benefits.
Protester Rafael Cordoba, an architect, says the "Las Vegas-style" job creation model proposed by Adelson was fraught with problems that are costly to repair, such as promoting gambling, alcohol and tobacco addiction and attracting prostitution.
Protesters on Saturday claimed the complex would also ultimately require state funding to become a reality.
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