
An artist’s rendering of the new Resorts World Las vegas, nevada, which designer Genting hopes will be the initial post-recession that is major on the Las Vegas Strip.
Representatives from Malaysia-based casino giant Genting met using 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. That meeting resulted in the initial approval of the 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 mega-resort that is new the very first regarding the Strip for almost 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 is grasped 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 company’s suitability, but Genting’s chances of approval were always rumored to be high.
As Howard Stutz, gaming reporter during the Las Vegas Review-Journal, wrote on the eve regarding the meeting: ‘Short of Genting’s entire board of directors being found to have ties to the Yakuza or Chinese organized crime triads, the business and its own representatives Continue reading “Genting to just Take Las Vegas Strip to Next Echelon with Resorts World”