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Genting Steps Away from $4 Billion Casino Project in Las Vegas

Genting Steps Away from 4 Billion Casino Project in Las Vegas

Genting Berhad has a major wish of entering the market in Las Vegas, Nevada, and that seems to come true in the near future, as they have just overcome the first major huddle before getting a license to build and operate a $4 billion casino and hotel project.

Officials from the Nevada Gaming Control Board have recommended Genting for a gaming license in the state and the parties will be meeting up again on May 22nd to discuss the issue further. Should Genting be able to get a gaming license in Las Vegas, then it would be their first and the plans are big as they are planning to use 80-85% of the buildings partially build on the Echelon casino and hotel project and thus create around 8,500 jobs in the state.

The first phase will include around 3,000 hotel rooms, a huge casino area, a large garden decorated to attract people as well as a 4,000 seat theatre where different acts will be performing. It would also bring back some life to the north end of the strip, where many projects has not moved since the financial crisis began.

News by Daniel Allermand
Daniel Allermand - Reporter

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.


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