Genting to just Take Las Vegas Strip to Next Echelon with Resorts World

Genting to just Take Las Vegas Strip to Next Echelon with Resorts World

An artist’s rendering of the new Resorts World nevada, which designer Genting hopes will likely be the initial post-recession that is major on the Las Vegas Strip.

Representatives from Malaysia-based casino giant Genting met with all the Las Vegas Gaming Control Board week that is last answer questions about the suitability of their proposed $4 billion project for the Las Vegas Strip, Resorts World Las Vegas. That meeting resulted in the approval that is preliminary of video gaming license.

Genting acquired the abandoned Echelon project 14 months ago for $350 million, and is now one step closer to realizing its ambitious brand new mega-resort, the initial regarding the Strip for pretty much ten years, to be constructed on the half-vacant pocket of land that was once home to the legendary Stardust Casino. The suitability choosing may be the stage that is penultimate actual licensing.

It’s grasped that the Gaming Control Board has spent the past year looking into Genting’s operations throughout Malaysia, Singapore, London and nyc in a rigorous assessment of the business’s suitability, but Genting’s chances of approval were constantly 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 th Continue reading “Genting to just Take Las Vegas Strip to Next Echelon with Resorts World”