Genting is to spend up to $4bn completing the Echelon project, the unfinished Las Vegas resort it bought from Boyd Gaming earlier this year, chairman Lim Kok Thay has said.
Genting paid $350m for the 87-acre former Stardust site. The project will be re-branded Resorts World Las Vegas with phase one scheduled to open in 2015.
“We’re at the moment at the planning stage,” Lim told reporters at Malaysia’s Genting Highlands resort.
“The group is undergoing regulatory investigations by the Nevada Gaming Board, which is one of the strictest you can get. I’m quite confident we’ll obtain this licence and only with that we’ll commence the construction.”
