Nevada regulator approves Genting casino licence

Nevada GamingiGaming Business – The Nevada State Gaming Control Board Gaming Commission has approved a casino licence for Malaysian conglomerate Genting Group ahead of the opening of its new Resorts World Las Vegas facility in the state.

As reported by iGaming Business, Genting presented its plans for a multi-phased opening of its new resort to the Nevada regulatory body earlier this month.

Genting said the new resort would create ‘tens of thousands’ of jobs and generate ‘hundreds of millions of dollars’ in tax revenue for Southern Nevada.

Construction work on the new resort, which will be located on the site of the old Stardust resort on the Las Vegas Strip, is due to begin in the second half of 2014 and will take between 24 and 36 months to complete.

The development will initially consist of a gaming floor that measures more than 1000,000 square-feet as well as a hotel tower, retail village and showroom.

The Resorts World Las Vegas will boast 3,500 gaming positions, 3,000 rooms, and various food and beverage outlets.

SOURCE

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