iGaming 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.
Genting details new Las Vegas resort plans iGaming Business - Malaysian conglomerate Genting Group has unveiled plans for a multi-phased opening of its new Resorts World Las Vegas facility in the US state of Nevada. Genting, which presented the plans to the Nevada Gaming Control Board last week, said the new resort would create […]
RAWA Could Criminalizes Nevada Sports Bets A bill in Congress that would ban Internet gambling would inadvertently criminalize Nevada’s booming mobile sports wagering business, which has been credited with turning the Silver State’s sports books into a $3.9 billion-a-year industry.
The measure, backed by Las Vegas Sands Corp. […]
Genting breaks ground for Vegas Resort Genting has broken ground in Las Vegas on their Resorts World complex that is slated to cost anywhere from $4 billion to $7 billion and completed in 2018.
The new resort which will sit on the site of the former Stardust casino on the strip will cover 88 acres and have 3,500 hotel […]