An artist’s rendering of the brand new Resorts World Las Vegas, which designer Genting hopes will likely be initial major post-recession project 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 respond to questions about the suitability of these 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 it 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 once home to the legendary Stardust Casino. The suitability choosing could be the stage that is penultimate actual certification.
It’s understood that the Gaming Control Board has spent the past 12 months looking into Genting’s operations throughout Malaysia, Singapore, London and New York in a rigorous assessment of the company’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