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Malaysia’s Genting gets go ahead to open US$4.3 billion Resorts World Las Vegas development
- The first Resorts World-branded resort was a 200-room hotel opened in 1971 in Pahang, but the company now has properties across the globe
- Its Las Vegas resort, the first to open on the Strip in more than a decade, aims to be ‘the most sophisticated, state-of-art casino in the world’
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The Malaysia-based owner of one of the biggest casino projects ever on the Las Vegas Strip won regulatory approval on Thursday to deal cards, roll dice and welcome gamblers when Resorts World Las Vegas opens on June 24.
With praise for the US$4.3 billion development and the boost it could provide in a pandemic-battered economy, the Nevada Gaming Commission granted licences to Genting Group, based in Kuala Lumpur, and its publicly traded subsidiary, Genting Malaysia Berhad.
“We look forward to seeing it open and running,” Commission Chairman John Moran Jnr said after the unanimous vote.
Scott Sibella, president of Resorts World Las Vegas, said the project six years in construction was being completed “on time and on budget.”
“We want to be the most sophisticated, state-of-art casino in the world,” Sibella declared as he spoke about technological advances built into what will be the first new resort to open in more than a decade on the Las Vegas Strip.
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