ï»¿Genting to just Take Las Vegas Strip to Next Echelon with Resorts World
An artist’s rendering of the new Resorts World Las Vegas, which designer Genting hopes would be 1st post-recession that is major on the Las Vegas Strip.
Representatives from Malaysia-based casino giant Genting met with the Las Vegas Gaming Control Board last week to answer questions about the suitability of their proposed $4 billion project for the Las Vegas Strip, Resorts World Las vegas, nevada. That meeting resulted in the approval that is preliminary of gaming license.
Genting acquired the abandoned Echelon project 14 months ago for $350 million, and is now one step closer to realizing its ambitious new mega-resort, the first regarding the Strip for almost ten years, to be constructed on the half-vacant pocket of land that was as soon as home to the legendary Stardust Casino. The suitability choosing may be the penultimate stage before actual certification.
It is understood that the Gaming Control Board has spent the year that is past into Genting’s operations throughout Malaysia, Singapore, London and ny in a rigorous assessment of the business’s suitability, but Genting’s odds of approval were always rumored to be high.
The company and its representatives will be found suitable by both the Control Board and the Nevada Gaming Commission, which will review the recommendation May 22. as Howard Stutz, gaming reporter at the Las Vegas Review-Journal, wrote on the eve of the meeting: ‘Short of Gent Continue reading