In a vast and successful location such as Las Vegas, it seems almost impossible for businesses and corporations to get any bigger or better, but this is all about to change, with the news of the incredible Resorts World, the multibillion dollar mega resort owned by Malaysian conglomerate, the Genting Group. The project is estimated to cost an eye watering $4,000,000,000, and is said to consist of a huge array of activities and facilities, including–
• 4 hotel towers with a total of 6,583 hotel rooms
• 175,000-square-foot (16,300 m2) casino
• 4,000-seat theatre
• Retail, dining and convention space
• Rooftop sky park and observation deck
• Ice skating rink
• Bowling alley
• Indoor water park
• Panda exhibit
Information from Wikipedia
The project was initially set to be finished and opened in 2016, but was eventually pushed back to 2020 due to countless setbacks including the difficult construction logistics of the project, as well as falling currency, decreasing the company’s overall purchasing power across the globe. However, almost overnight the project bounced back after a quiet spell with a new opening date, and an increase in PR exposure due to the announcement of new President Edward Farrell. With more than 30 years of experience in the casino industry, Farrell began his career at MGM Reno, and has held various leadership positions in both finance and operations, including a position as the regional Vice President of Finance at Harrah’s Entertainment, CFO and President at Resorts World New York City and as President at Resorts World Bimini.
Mr. Farrell said – “I am grateful to KT Lim, the Chairman of the Genting Group, for placing his faith in me to execute on his vision and deliver a once-in-a-lifetime project that both Las Vegas and Nevada can be extraordinarily proud of.”
The main feature of the project is the massive casino, featuring over 100,000 square feet of gaming space, over 3,500 slot machines and table games, as well as an elaborate garden attraction. During its construction, the project will employ an estimated 1,000 construction workers, with that number gradually increasing to several thousand from 2018 leading up until its opening. Once the site is fully operational, it’s estimated that it will employ over 3,000 workers, with many more jobs, thought to be in the thousands also being created.