{"id":36077,"date":"2016-05-21T11:07:53","date_gmt":"2016-05-21T18:07:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=36077"},"modified":"2016-05-21T11:32:17","modified_gmt":"2016-05-21T18:32:17","slug":"genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/","title":{"rendered":"Genting Group Resorts World Las Vegas Gets Gaming Commission Thumbs Up, First New Casino Project in a Decade"},"content":{"rendered":"

The former Stardust, and almost Echelon, will soon become Resorts World Las Vegas<\/a>. The long-planned-out project has finally gotten its regulatory approvals and can now move forward with the building phase.<\/p>\n

\"Genting
A computer generation of the proposed Resorts World Las Vegas, which will include a \u201ccelestial sphere\u201d that will reportedly flash hotel guests\u2019 selfies. Maybe what happens in Vegas won\u2019t be staying in Vegas after all. (Image: Genting Group)<\/figcaption><\/figure>\n

Malaysia\u2019s Genting Group<\/a> received approval for its $4 billion Chinese-themed Resorts World just this week. On May 19, the Nevada Gaming Commission (NGC) rubber stamped the licenses of several Genting execs, which should pave the way for construction of Resorts World, Sin City\u2019s first megaresort in a decade, to begin sometime towards the end of the year.<\/p>\n

The 3,100-room hotel-casino with a 150,000-square-foot casino floor is expected to be completed in early 2019, and hopes to attract a large Chinese clientele, as well as tourists from the US, of course, and a global clientele as well.<\/strong><\/p>\n

Genting acquired the pocket of land on which the legendary Stardust Casino once stood for a mere $350 million in 2013. The land plot had been semi-vacant since 2008, following the abandonment of Boyd Gaming\u2019s Echelon project after the Great Recession hit Vegas right in the gut.<\/p>\n

“Celestial” Selfies<\/strong><\/h2>\n

In a two-hour presentation, Genting officials serenaded the NGC with its plans for Resorts World. The property will feature, on its topmost tower, a \u201ccelestial sphere\u201d that will momentarily flash images of guests\u2019 \u201cselfies,\u201d a feature that Genting said would appeal to the Millennial crowd. Can you say \u201cwhat could go wrong?\u201d<\/p>\n

And for those anxious to escape the hustle of the casino, there will be an enormous Chinese garden, offering peaceful repose, overlooked by restaurants. And who doesn\u2019t long for a 50-foot replica of a Chinese lantern? Yup, that\u2019s coming, too.<\/p>\n

\n

The commission was suitably impressed, although its approval comes as little surprise. Two weeks ago, the project was formally approved by the Gaming Control Board (GCB), which had spent several years assessing Genting\u2019s suitability, and Nevada Governor Brian Sandoval has been behind the project from the get-go.<\/p>\n<\/div>\n

“This is a very successful and historic company,\u201d he said, when Genting first announced its interest in the project. \u201cI wanted to let them know we were very interested in having them come here.”<\/p>\n

Taking it to the Next Echelon<\/strong><\/h2>\n

And while the unfinished Echelon stood as a dilapidated monument to some of Vegas\u2019 bleakest years, the planned megaresort, which will build upon part of the unfinished Echelon structure, represents the city\u2019s financial rebirth. It will also add some pizzazz to the north end of the Strip.<\/p>\n

Owned by Malaysian billionaire Lim Kok Thay, Genting operates several luxurious Resorts World properties across East Asia, and is currently the largest operator of land-based casinos in the UK, with 47 properties. It has a market capitalization of more than $40 billion, with more than five different publicly traded companies forming the Genting Group.<\/p>\n

Having listened to the presentation and examined the corporate profiling of Genting, gaming commissioners voted their approval unanimously.<\/p>\n","protected":false},"excerpt":{"rendered":"

The former Stardust, and almost Echelon, will soon become Resorts World Las Vegas. The long-planned-out project has finally gotten its regulatory approvals and can now move forward with the building phase. Malaysia\u2019s Genting Group received approval for its $4 billion Chinese-themed Resorts World just this week. On May 19, the Nevada Gaming Commission (NGC) rubber […]<\/p>\n","protected":false},"author":42,"featured_media":36083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"acf":[],"yoast_head":"\nGenting Group Resorts World LV Gets Gaming Commission Thumbs Up<\/title>\n<meta name=\"description\" content=\"Resorts World Las Vegas, coming to Sin City courtesy of the Genting Group, will be the first Strip megaresort in a decade.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genting Group Resorts World LV Gets Gaming Commission Thumbs Up\" \/>\n<meta property=\"og:description\" content=\"Resorts World Las Vegas, coming to Sin City courtesy of the Genting Group, will be the first Strip megaresort in a decade.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-21T18:07:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-05-21T18:32:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/05\/Genting-Resorts-World-Las-Vegas-approved-NGC.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1310\" \/>\n\t<meta property=\"og:image:height\" content=\"737\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/\",\"url\":\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/\",\"name\":\"Genting Group Resorts World LV Gets Gaming Commission Thumbs Up\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/05\/Genting-Resorts-World-Las-Vegas-approved-NGC.jpg\",\"datePublished\":\"2016-05-21T18:07:53+00:00\",\"dateModified\":\"2016-05-21T18:32:17+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"Resorts World Las Vegas, coming to Sin City courtesy of the Genting Group, will be the first Strip megaresort in a decade.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/genting-group-resorts-world-lv-gets-gaming-commission-thumbs-up\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/05\/Genting-Resorts-World-Las-Vegas-approved-NGC.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/05\/Genting-Resorts-World-Las-Vegas-approved-NGC.jpg\",\"width\":1310,\"height\":737,\"caption\":\"A computer generation of the proposed Resorts World Las Vegas, which will include a \u201ccelestial sphere\u201d that will reportedly flash hotel guests\u2019 selfies. 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