The Las Vegas site of the former Stardust Resort and Casino and the failed Echelon project will now be occupied by a multi-billion dollar Asian-themed integrated resort owned by Genting Malaysia.

RWLV

Resorts World Las Vegas has received the necessary regulatory approval by the Nevada Gaming Commission and developers are now ready to move forward with the ambitious project. The Malaysian gambling operator was given the green light to proceed with the construction of its mega-resort, initially valued at $4bn.

After the necessary licences have been stamped by the state gambling regulator, work on the complex is expected to commence towards the end of 2016. Resorts World Las Vegas will be the first integrated resort to be built in Las Vegas for a decade.

According to initial plans, the complex will feature 3,100 hotel rooms and a casino spreading over 150,000sq.ft. The resort is expected to be completed and launched early in 2019. The choice of a Chinese theme for the project was not an arbitrary one. Resorts World Las Vegas is to be built with the intention of attracting the attention of Chinese players, particularly ones wealthy enough to travel to the US.

Genting purchased the site of the former Stardust Casino back in 2013 for $350m. The plot was to be used for Boyd Gaming’s Echelon Place. However, the project was abandoned as Las Vegas was among the places in the US to be the most severely hit by the recession.