Resorts World Las Vegas on track for a late 2020 opening

Resorts World Las Vegas is on track for a late 2020 opening. Genting Berhad’s $4 billion, 59-story, 3,400-room resort is steadily moving forward and will be the first Las Vegas large resort opening since The Cosmopolitan of Las Vegas in December 2010, a representative of the company said this week.

As of last week, there were about 1,500 construction workers on the north end of the Strip site that previously hosted the Stardust and was destined to become Boyd Gaming’s Echelon before the Las Vegas company was forced to sell the site after construction had begun.

Resorts World is expected to have an Asian theme, Las Vegas Review-Journal reports. A new management team headed by former MGM Grand president Scott Sibella has not disclosed any changes since coming aboard in April. He was officially named president of the local company in May.

The tower cranes have reached the final hook height of 686’, according to Morrow Equipment construction update. The parking garage is complete. The building was scheduled to have 6,583 rooms in four towers, but that has been scaled back to now have three towers and approx. 3,400 rooms.

A representative of the company said Resorts World would be a “tech-forward, innovative and inclusive resort,” and that it will have a “bold, fresh take on hospitality to the Las Vegas market with exciting new experiences, one-of-a-kind culture and seamless guest service.”

The development is seen by The Edge Markets as a positive for Genting Malaysia. "Although Genting Berhad is the owner of Resort World Las Vegas, we believe there is a possibility that Genting Malaysia could play a role in the casino once it is completed, most likely as an operator of the casino,” the financial group’s analysts suggest, as reported by Seeking Alpha.