Genting has broken ground in Las Vegas on their Resorts World complex that is slated to cost anywhere from $4 billion to $7 billion and completed in 2018.
The new resort which will sit on the site of the former Stardust casino on the strip will cover 88 acres and have 3,500 hotel rooms, a 4,000 seat outdoor amphitheater and shopping mall and possibly even a panda enclosure.
KT Lim, chairman and CEO of Genting Group, said the new sprawling complex would showcase the best of China past and present. The CEO was at the ceremonial ground breaking event in Las Vegas
Genting bought the land from Boyd Gaming in 2013 for $350 million after the company failed to proceed with the building of the doomed Echelon casino and hotels project.
Even Casino boss Steve Wynn was at the event and said the project was exciting, but doubted if the 2018 opening date was realistic.
