Genting is investing in Las Vegas

The multinational casino brand is planning a new venue in the world’s gaming capital.

US.- An upcoming Resort World Las Vegas was approved by the Nevada Gaming Control Board. Genting Bhd, the Malaysian gaming company, introduced a new billion-dollar project to develop a luxury casino under a publicly-traded corporation.

The design will be based on Chinese culture and will feature 150,000-square-foot casino and over 3,000 fancy rooms. Operators expect the construction will be completed by the end of 2018 and the grand inauguration is planned for 2019. Genting Nevada Interactive Gaming also announced the developing and manufacturing of unique gaming machines and concepts to fit into the atmosphere and to attract millennial players.

“In my view, Genting is just taking a cautious and deliberative approach. But after slowing things down, I think they’re ready to go,” commented Nevada Gaming Control Board chairman, A.G Burnett. And he added that the regulators agreed in unanimous votes for the approval of the new Resorts World Las Vegas. “Regulators recommended approval of the suitability of officers, directors and shareholders, Genting’s registration as a public company and its interactive subsidiary for mobile gaming and a loyalty program.” The recommendation will be considered in May 19 by the Nevada Gaming Commission.