The Genting Group is working on its massive Resorts World Las Vegas (RWLV) project; however, just like any big development, sometimes there are unexpected situations which have to be resolved midstream. It was expected that the casino resort would open by the end of 2021; however, Genting have announced that it will have to delay the launch date a couple of months while, simultaneously, seeing a bit more investment to make it come to life.
The “Asian-inspired” venue will cost $4.3 billion, a bit more than the previously anticipated price tag of exactly $4 billion according to a press release from yesterday. Given the scale of the project, there had always been some flexibility in the final cost, so no one is astonished if it takes additional money to complete the project.
According to the release, it could take about six additional months for the construction to be complete. RWLV will offer a sky casino, luxury suites, villas and penthouses, two resort towers with 3,500 guest rooms, a 27,000 square-foot spa, 350,000 square feet of meeting space and “100,000-square-foot West Tower LED screen (one of the largest LED building displays in the world) and 19,000-square-foot East Tower LED screen,” once it’s ready. It will also be set with a 5,000-capacity theater which can be converted for other uses and a video globe measuring 50 feet in diameter which displays more than 6,000 square feet of LED content.
As mentioned on the Calvinayre.com website, this past September, the former MGM executive Scott Sibella was selected to lead the new project as its president. About the progress, he says, “Our team has been working diligently to perfect the vision for Resorts World Las Vegas and we are excited to begin sharing that concept with Las Vegas and the greater hospitality communities. We believe Resorts World’s unique design and commitment to providing cutting-edge amenities and captivating experiences, is the foundation to curating a thoughtful resort experience that aims to redefine the luxury hotel standard in Las Vegas.”
It goes without saying that a venue of this scale wouldn’t be complete without Michelin-rated restaurants and these will be coming too. It is expected the venue will “seamlessly blend the technology and luxury appeal of an urban contemporary resort with the traditions and time-honored details of the Resorts World brand,” while bringing something new to Vegas as well.