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…

The Nevada State Gaming Control Board Gaming Commission has approved the Genting casino license for the Malaysian conglomerate ahead of the opening of its new Resorts World Las Vegas facility in the state. As reported by iGaming Business, Genting presented its plans for a multi-phased opening of its new resort to the Nevada regulatory body earlier this month. Genting said the new resort would create ‘tens of thousands’ of jobs and generate ‘hundreds of millions of dollars’ in tax revenue for Southern Nevada. Construction work on the new resort, which will be located on the site of the old Stardust…

iGaming Business – Malaysian conglomerate Genting Group has unveiled plans for a multi-phased opening of its new Resorts World Las Vegas facility in the US state of Nevada. Genting, which presented the plans to the Nevada Gaming Control Board last week, said the new resort would create “tens of thousands” of jobs and generate “hundreds of millions of dollars” in tax revenue for Southern Nevada. The site will feature 3,500 gaming positions, 3,000 rooms and a number of food and beverage outlets. Construction work on the new resort, which will be located on the site of the old Stardust resort…

Reuters – Genting Bhd, Southeast Asia’s biggest gaming group, will begin construction of a $4 billion gaming resort on the Las Vegas strip in the second half of this year, it said in a statement on Thursday. The Resorts World Las Vegas, expected to create thousands of jobs and hundreds of millions of dollars in tax revenue for South Nevada, will be built in four phases and take between 24-36 months to complete, Genting said. “Our themed resort will cater to the high-end visitor as well as the budget-minded tourist,” said Genting Chairman Lim Kok Thay. “We will give first-time…

White label solutions provider Genting Alderney, a subsidiary of Genting International, has partnered sports betting platform provider FSB Technology to launch a mobile and online sports book. GentingBet was soft launched in October last year with a desktop and mobile version utilizing FSB’s managed sports betting solution. The branded sports book is now fully integrated into Genting Alderney’s new online platform. Gentingbet.com will become the first operator to go live with FSB’s managed service, which the firm said has been designed to help brand owners offer sports betting products to their existing customer base without having to set up and…

From iGaming Business – Sports betting solutions provider SBTech has struck an exclusive deal with Genting Alderney, a subsidiary of Genting International, as part of a move to penetrate the US land-based market. Under the terms of the deal, SBTech will provide the Genting group with a complete turnkey sports betting solution for its new project on board 6,000-capacity cruise ship, the Bimini SuperFast Ferry. The vessel, which will sail twice daily between Miami and Resorts World Bimini in the Bahamas, will feature restaurants, bars and a sportsbook installed by SBTech. The SBTech turnkey sport betting services will include the…