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 brand new Resorts World vegas, which designer Genting hopes is the very first major post-recession project on the Las Vegas Strip.

Representatives from Malaysia-based casino giant Genting met because of the Las Vegas Gaming Control Board week that is last respond to questions about the suitability of the proposed $4 billion project for the Las Vegas Strip, Resorts World nevada. That meeting resulted in the initial approval of a 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 first regarding the Strip for almost ten years, to be built on the half-vacant pocket of land that was as soon as home to the legendary Stardust Casino. The suitability finding could be the penultimate stage before 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 nyc in a rigorous assessment of the company’s suitability, but Genting’s likelihood of approval were always rumored to be high.

As Howard Stutz, gaming reporter at the Las Vegas Review-Journal, wrote on the eve regarding the meeting: ‘Short of Genting’s whole board of directors being found to have ties to the Yakuza or Chinese organized crime triads, the company and its own representativ Mehr lesen