Genting opens Resorts World Las Vegas
Lim Kok Thay, chairman and chief executive officer of Genting Bhd said he is “super confident” about the company’s new casino resort in Las Vegas despite the ongoing impact of the Covid-19 pandemic.
US.- Malaysian conglomerate Genting Group has opened Resorts World Las Vegas just as Covid-19 restrictions have come to an end.
The venue is the biggest new property to open on the Strip in more than a decade, and Genting’s chairman Lim Kok Thay says he is “super confident” about the future of the business.
In an interview with Bloomberg, Lim said: “There’s unmet demand as people had stayed home for so long, and now the increase in vaccination and falling cases have given consumers the confidence to spend again”.
He added: “The large investment was made sometime ago when we acquired what we see as the best piece of real estate on the LA boulevard, and when the economy slowed and Covid hit, we were fortunate we didn’t have to pause our construction work. Now as we are coming out it we are very well placed.”
Resorts World Las Vegas will have 3,500 hotel rooms and house a 5,000-seat theatre, where the likes of Celine Dion and Katy Perry are scheduled to perform in the coming months. It will have 1,400 slot machines.
