Genting Group to Bring New Development Project to Las Vegas Strip
LAS VEGAS—Leading Nevada elected officials, including Governor Brian Sandoval and US Senate Majority Leader Harry Reid, today joined Genting Group Chairman KT Lim in announcing plans for a new development project at the Echelon site along the Las Vegas Strip. Genting acquired the 87-acre parcel from Boyd Gaming Corporation, which will be used to create Resorts World Las Vegas, Genting's first destination resort in Las Vegas. READER COMMENTS
The resort will offer 3,500 rooms in the first phase, as well as 175,000 square feet of total gaming space across several gaming floors, and several luxury dining and retail amenities. The resort will also include additional convention space for Las Vegas trade shows, helping the city attract international business travelers with a distinct focus on business-to-business events and conferences.
"We are incredibly grateful to the leaders of the State of Nevada, Clark County and the City of Las Vegas for joining us in announcing what will be a fantastic addition to the top resort destination in the United States," said KT Lim, Chairman and Chief Executive of the Genting Group. "This is a great day for Genting, Las Vegas, and the State of Nevada, and we look forward to taking full advantage of this exciting new opportunity."
"Las Vegas is considered the gold standard in the world of gaming, resorts, and entertainment, and this project is an incredible addition to the thriving industries that call Las Vegas and Nevada home. A project of this size and magnitude will not only attract more visitors to our State, but will be a boon to the Nevada economy both in terms of jobs and Southern Nevada's continued economic recovery and growth," said Senator Reid.