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 rooms, a 4,000 seat outdoor amphitheater and shopping mall and possibly even a panda enclosure. KT Lim, chairman and CEO of Genting Group, said the new sprawling complex would showcase the best of China past and present. The CEO was at the ceremonial ground breaking event in…

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 “tens of thousands” of jobs and generate “hundreds of millions of dollars” in tax revenue for Southern Nevada. The site will feature 3,500 gaming positions, 3,000 rooms and a number of food and beverage outlets. Construction work on the new resort, which will be located on the site of the old Stardust resort…