“This is an unparalleled opportunity to showcase what has made the Resorts World brand a globally recognized success for the past several decades.” “This is a great day for Genting, Las Vegas, and the state of Nevada, and we look forward to taking full advantage of this exciting new opportunity,” Genting Chairman KT Lim said in a statement. Resorts World Las Vegas is expected to open in 2016 with multiple restaurants and dining options, along with 250,000 square feet of retail, more than 500,000 square feet of convention space, a theater and outdoor pool amenities. The site once housed the famous Stardust.
The initial phase of its Resorts World Las Vegas will include 3,500 rooms and a 175,000-square-foot casino. Genting, which operates casinos in Singapore and New York City, will pay Boyd Gaming Corp. Malaysia-based Genting Group today will announce acquisition of the Echelon site on the Strip and outline plans to build a $2 billion hotel-casino complex on the 87-acre development halted by the onset of the recession almost five years ago.
