Genting Group’s promising Resorts World Las Vegas casino project would generate over 75 percent of its revenues from non-gaming activities, says Resorts World Las Vegas president Scott Sibella.
In an interview with Vegas Inc Mr. Sibella said that they expect that once the property is open for public, 75 percent of the revenue would be coming from the non-gaming side.
“You have to think differently and design differently because not everyone is going to want to gamble. It’s a different way of thinking than it was years ago,” he explained.
He also went on to say that contrary to what was promoted earlier the property would not be “Asian-themed.” However, there will be designs reflecting Asian inspiration in the interiors including the art and the color palettes.
Resorts World Las Vegas: Most Expensive Project On The Famous Vegas Strip
Malaysian gambling giant Genting’s Resort World Las Vegas is currently the most expensive project ever on the famous Las Vegas Strip that hosts top casinos in the country.
The under-construction property will host a casino and 59-story hotel resort and about 3,500 guest rooms. The estimated cost of the casino-project is $4.3 Billion. It is expected to start welcoming guests from early 2021.
Resorts World Las Vegas is being developed on the same site which hosted the Stardust Resort and Casino, operated by Bord Gaming until 2007. However, the property was demolished to develop Boyd’s Echelon Gaming project.
But again in 2008, the gambling operator ceased development due to financial crunch. Later after over four years, the property was sold to Malaysia-based Genting Group which had plans for the majestic Resorts World Las Vegas.
Initially, the project was expected to be completed by 2014 which was postponed to 2016. However, delays followed and after groundbreaking in 2015, it was only in 2017 that the construction could begin.