An artist’s rendering of the new Resorts World nevada, which designer Genting hopes will be the very first 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 week that is last respond to questions about the suitability of the proposed $4 billion project for the Las Vegas Strip, Resorts World Las Vegas. 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 mega-resort that is new the initial in the Strip for almost 10 years, to be constructed on the half-vacant pocket of land that was when home to the legendary Stardust Casino. The suitability finding is the penultimate phase before actual licensing.
It is grasped that the Gaming Control Board has spent the past 12 months searching into Genting’s operations throughout Malaysia, Singapore, London and ny in a rigorous assessment of the company’s suitability, but Genting’s likelihood 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 (altro…)