March 4, 2013
/PRNewswire/ -- Leading Nevada elected officials, including Governor
and US Senate Majority Leader
, today joined Genting Group Chairman KT Lim in announcing plans for a transformational new development project at the Echelon site along the Las Vegas Strip. This morning, Genting announced it has acquired from Boyd Gaming Corporation the 87-acre parcel, which will be used to create 'Resorts World Las Vegas,' Genting's first destination resort in
"We are incredibly grateful to the leaders of the
State of Nevada
City of Las Vegas
for joining us in announcing what will be a fantastic addition to the top resort destination in
the United States
KT Lim, Chairman and Chief Executive of the Genting Group
. "This is a great day for Genting,
, and the
State of Nevada
, and we look forward to taking full advantage of this exciting new opportunity."
"The entrance of one of the world's leading resort gaming developers into
is another fantastic sign that
and The Strip are poised for great things moving forward in 2013 and beyond,"
Governor Brian Sandoval said.
"The Genting Group and Resorts World Las Vegas will bring several thousand new jobs to our State, and will help us in keeping our economic resurgence on the right path towards success. I'd like to welcome Genting to the great state of
, and we all look forward to the ground breaking of this new dynamic project."
Resorts World Las Vegas will be a world-class destination resort with 3,500 rooms in the first phase, as well as 175,000 square feet of total gaming space across several gaming floors, and several luxury dining and retail amenities. The resort will also include additional convention space for
trade shows, helping the city attract international business travelers with a distinct focus on business-to-business events and conferences. Over the course of the construction and operation process, Resorts World Las Vegas will bring tens of thousands of jobs to
for many years to come.
is considered the gold standard in the world of gaming, resorts, and entertainment, and this project is an incredible addition to the thriving industries that call
home. A project of this size and magnitude will not only attract more visitors to our State, but will be a boon to the
economy both in terms of jobs and
's continued economic recovery and growth,"
Senator Harry Reid (D-NV
"This is an unparalleled opportunity to showcase what has made the Resorts World brand a globally recognized success for the past several decades," added Lim.