| On 7 years ago

Genting Berhad Receives Preliminary Approval for $4 Billion Casino

By Daniel Allermand

Genting Berhad has some big plans in Las Vegas and now it seems that they have gotten one step closer to realizing those, as they received the preliminary approval from the Nevada State Gaming Commission yesterday. The approval means that they will soon be able to start constructing the $4 billion Resort World Las Vegas hotel and casino.

The Nevada Gaming Commission found that Genting Berhad was a suitable company, both investment and management wise, to receive a gaming commission in the state. The first phase of the massive project will begin building later this year and the entire massive resort is set to open somewhere in 2016. The construction site will be 87 acres from the former Stardust Hotel, which went broke under the financial crisis in 2008.

The new casino will employ a massive 10,000 people, have around 25-30 restaurants, 3,000 hotel rooms and a 4,000 seat theatre where all the biggest names in the world will be playing. Talks about integrating a theme park is also noted, while they might even expand with three more hotels at some stage as well.

To ensure that the local community will benefit from this new massive resort, Genting Berhad have promised that they will hire employees locally and do business with the local merchants. Furthermore their goal is not to cannibalize guests from other hotels and casinos in Las Vegas, but instead attract those who have never been there. 

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.