An artist’s rendering of the new Resorts World Las Vegas, which designer Genting hopes is going to 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 final week to 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 preliminary approval of the 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, initial in the Strip for nearly a decade, 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 certification.
It’s comprehended 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 odds of approval were always rumored to be high.
As Howard Stutz, video gaming reporter during the royal vegas casino location Las Vegas Review-Journal, wrote on the eve of the meeting: ‘Short of Genting’s entire board of directors being found to have ties to the Yakuza or Chinese organized crime triads, the company as well as its representatives will be found s Read More