Genting Unveils Las Vegas Plans

The Genting Group has unveiled plans for a transformational new development project at the Echelon site along the Las Vegas Strip.

Genting acquired the 87-acre parcel, which will be used to create Resorts World Las Vegas, Genting's first destination resort in Las Vegas, from Boyd Gaming Corporation.

"The entrance of one of the world's leading resort gaming developers into Nevada is another fantastic sign that Las Vegas and The Strip are poised for great things moving forward in 2013 and beyond," said Nevada Governor, Brian Sandoval. "The Genting Group and Resorts World Las Vegas will bring several thousand new jobs to our State, and will help us in keeping our economic resurgence on the right path towards success. I'd like to welcome Genting to the great state of Nevada, and we all look forward to the ground breaking of this new dynamic project."

Resorts World Las Vegas will be a destination resort with 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.

"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 Harry Reid (D-NV ).

The Genting Group currently has gaming facilities and is licensed in the jurisdictions of Malaysia, the Philippines, the United Kingdom, Singapore, Bahamas and the State of New York.