Apr 20, 2021 Newsdesk Latest News, Top of the deck, World  
The Resorts World Las Vegas casino resort is set to open on June 24, 2021, said its promoter in a Monday press release. The US$4.3-billion project is being developed by Malaysian conglomerate Genting Bhd in the Nevada, United States, gambling hub.
The 59-storey project will be the first all-new casino hotel to open on the Las Vegas Strip in more than a decade, following the 2010 opening of the Cosmopolitan of Las Vegas.
Resorts World Las Vegas will offer an aggregate of 3,500 rooms at its three Hilton-branded hotels.
The property features 117,000 square feet (10,870 sq metres) of gaming space, with slots, table games, a dedicated poker room, high-limit areas, and a sportsbook.
The complex also has a 5,000-seat concert and entertainment theatre; 250,000 sq feet of meeting space; more than 40 food and beverage outlets; shops; and nightclubs promoted by Singapore-based Zouk Group.
Monday’s release quoted the president of Resorts World Las Vegas, Scott Sibella, as saying the property would “redefine the hospitality standard in Las Vegas with unmatched dining and entertainment, more variety of hotel accommodation than anywhere else on the Strip, and the city’s most progressive technology.”
He added: “We are filled with gratitude and excitement as we approach our opening this June and hope to play a role in Las Vegas’s rebound after what has been an incredibly challenging year.”
The opening of Resorts World Las Vegas comes amid business restrictions intended to slow the spread of Covid-19. Nevada governor Steve Sisolak has set June 1 as the date for the reopening of businesses shuttered in March 2020. Casinos in Nevada – currently permitted to operate at a maximum of 50 percent capacity – operate under the rules and guidelines of state gaming regulators.
Fitch Ratings Inc said in a March report that Resorts World Las Vegas might fully ramp up its earnings before interest, taxation, depreciation and amortisation (EBITDA) by the end of 2024.
But the ratings institution added: “The pandemic is likely to delay operational ramp-up, as we expect inbound flights and demand for large-scale conventions in Las Vegas to remain soft in 2021.”
(Picture credit: Maverick Helicopters)
Jun 02, 2023
May 29, 2023
Jun 02, 2023
Jun 02, 2023
Jun 02, 2023
Genting Singapore Ltd says Lam Yi Young has resigned from his role as deputy chief executive of Resorts World at Sentosa Pte Ltd. The latter firm is an indirect wholly owned subsidiary of Genting...Jun 01, 2023
Alfastreet, a manufacturer of electronic gaming machines,...Jun 01, 2023
Casino equipment maker Sega Sammy Creation Inc is tweaking...Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since...May 31, 2023
Showing slot machine players – via animations on the...May 31, 2023
Macau stocks in likelihood “have been punished too much...May 31, 2023
There are foreign companies still interested in investing...May 31, 2023
Thailand could pass the necessary enabling legislation for...May 30, 2023
China will remain a key market for Asian gaming...May 30, 2023
Alejandro Tengco (pictured in a file photo), chairman and...May 30, 2023
There are “plenty of reasons” for the global gaming...May 30, 2023
Gaming equipment provider International Game Technology Plc...May 30, 2023
The Global Gaming Expo (G2E) Asia 2023 Special Edition:...May 29, 2023
Austria-based gaming equipment maker and operator Novomatic...May 25, 2023
Sports betting and online casino operating platform...May 24, 2023
The business performance in Asia of gaming content and...May 18, 2023
The organisers of Global Gaming Expo (G2E) Asia 2023...May 17, 2023
Gaming content and equipment supplier Light & Wonder...May 16, 2023
Casino equipment maker Sega Sammy Creation Inc is to...May 09, 2023
Casino slot machine and digital gaming content provider...May 05, 2023
The Global Gaming Expo (G2E) Asia event in Singapore is the...May 04, 2023
An adviser to a Thailand parliamentary committee mulling...(Click here for more)
US$8.1 billion
Macau’s casino gross gaming revenue in the five months to May 31