An artist’s rendering of the new Resorts World Las vegas, nevada, which developer Genting hopes is the initial major post-recession project on the Las Vegas Strip.
Representatives from Malaysia-based casino giant Genting met aided by the Las Vegas Gaming Control Board final week to answer questions about the suitability of the proposed $4 billion project for the Las Vegas Strip, Resorts World 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 it is now one step closer to realizing its ambitious new mega-resort, initial in the Strip for nearly ten years, to be constructed on the half-vacant pocket of land that was when home to the legendary Stardust Casino. The suitability finding may be the stage that is penultimate actual licensing.
It’s grasped that the Gaming Control Board has spent the year that is past into Genting’s operations throughout Malaysia, Singapore, London and nyc in a rigorous assessment of the business’s suitability, but Genting’s odds 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 the meeting: ‘Short of Genting’s entir Continue reading Genting to simply Take Las Vegas Strip to Next Echelon with Resorts World