Genting Appoints Bob DeSalvio to Lead Resorts World in New York

The Genting Group, which owns and operates Resorts World, is having an extremely busy year. The company is currently working to open a massive new casino-resort in Las Vegas. This week, the company appointed Bob DeSalvio to officially lead Resorts World in New York. Bob DeSalvio

It’s exciting news for the company and its properties throughout New York. DeSalvio has decades of experience in the gaming industry. Let’s look at what Genting has planned for 2020.

Resorts World Catskills is Officially Sold

Genting Group owns and operates several major casino-resorts all over the world. Recently, the company has worked to break into New York. Genting purchased Resorts World Catskills recently and is already working to improve the property.

It isn’t the first New York casino-resort that Genting purchased. The company already owned the Resorts World Casino in Queens. Eventually, it was decided that purchasing a majority of stock in Resorts World Catskills would help to improve both venues.

It was an easy decision for Empire Resorts, the former owners of this casino-resort. Resorts World Catskills has faced bankruptcy for years. Genting Group’s purchase of the venue solved all of the company’s issues.

“We’re in a unique position where we can assist with the management of Resorts World Catskills through our Resorts World New York property at a low cost,” said Ed Farrell, President of Genting Americas. “We can bring synergies to both projects and by just operating at a higher scale, we’re going to be able to put the cost structure in a way that Resorts World Catskills can turn to black and we can make money going forward.”

Genting is clearly invested in New York. This week, the company revealed a new leader to oversee the New York operations.

Bob DeSalvio is the New Head of Resorts World in New York

It was expected that Genting would appoint someone with real experience to take over Resorts World in New York. There are now two of these properties operating, both of which have struggled to generate revenue over the past few years. An experienced leader to oversee the operations in this state could bring a major change.

That’s exactly what’s happening here.

Genting Group has appointed Bob DeSalvio to lead Resorts World in New York. He has more than 40 years in the gaming industry, including a stint as president of Encore Boston Harbor. Lim Kok Thay, board executive and Chairman of Genting Group, commented on why the company is bringing DeSalvio in.

“Bob DeSalvio has a proven track record creating and implementing successful marketing and growth strategies in the gaming and hospitality industries,” he said. “Bob’s operational expertise combined with his unique ability to recognise industry trends and adapt to fast-evolving consumer demands will help accelerate growth at Resorts World Catskills and Resorts World Casino New York City.”

It’s exciting news for gambling fans around the state. With Genting Group now investing in New York, the casino industry is set to improve dramatically.

Meanwhile, the company continues to construct the incredible Resorts World Las Vegas.

Resorts World Las Vegas Still Set to Open in 2021

Genting Group continues to work on Resorts World in Las Vegas. At the same time, it’s working hard to open Resorts World Las Vegas. This has been an extremely long project for the company due to several delays and lawsuits.

Construction is underway on this project, which is scheduled to open in 2021. It will feature more than 100,000 square feet of gaming space and more than 3,500 rooms for guests. It’s expected to cost $4.3 billion to construct, making it the most expensive development in Las Vegas history.

Recently, several new details about this casino-resort came out. We now know that it will feature a 5,000 square-foot theater and massive convention space. Previously, it was thought that the casino would have a unique Asian theme. Now, it’s being said that that this is no longer the case.

When it finally opens, Resorts World Las Vegas is expected to be one of the most amazing hotel-casinos in the city. Both tourists and residents can hardly wait until it opens!

Bob DeSalvio is expected to be a major asset leading Resorts World in New York. Stay tuned for more New York casino news over the next few months!

More Details About Resorts World Las Vegas Are Coming Out

Since 2015, construction has been underway on a massive new casino-resort in the northern area of the Las Vegas Strip. This new venue is expected to be incredible. Scott Sibella, President of this new property, has just revealed some exciting new details about Resorts World Las Vegas.Resorts World Las Vegas

Billions of dollars are being invested in Resorts World. It’s owned by Genting Group, who are working to make it one of the most impressive gambling establishments in Vegas. Let’s look at some of the new reveals we’re hearing about this property.

It’s Been a Long Road to Construct Resorts World

Opening a major gambling venue on the Las Vegas Strip is obviously not easy. There are a plethora of hurdles that need to be overcome in order to construct anything here. The money it costs alone to open a casino-resort is enough to put more casino companies out of business.

Resorts World Las Vegas has been a work in progress for nearly a decade. In 2012, negotiations began for Genting Group to purchase the land on the Strip where the casino would be constructed. In December of 2013, plans for this venue were being finalized and it was estimated to cost $4 billion to finish.

Unfortunately, several delays would soon hit this venue. Throughout 2014, officials working on the property were focused on redesign work. Some company heads also left and new ones were brought in.

Finally, groundbreaking on the venue began in 2015. For the next few years, the massive venue has been under construction. It will now feature 110,000 square-feet of gaming space, a 220,000 square-foot swimming pool, and a 27,000 square-foot spa.

For many years, officials within Genting Group kept most of the updates on this venue under wraps. This week, several new details about Resorts World Las Vegas were revealed.

Scott Sibella Offers New Details About Resorts World Las Vegas

Right now, construction is underway on Resorts World. If all goes according to plan, this exciting new venue will open to the public in 2021. Scott Sibella, President of Resorts World, claims that it will be unlike any other property in the city.

Sibella offered some clarity on why the opening date was pushed back. Initially, it was expected to open in December of 2020. Recently, the opening date was pushed back to the Summer of 2021.

“The timeline did change a little as we were originally looking to open in December of 2020. We added some scope since I’ve been here, including a 5,000-seat theater and some additional convention space. We felt it was important to have everything 100% completed when we do open,” he said. 

Scott Sibella was also asked about some of the rumors that have been circulating about this property. As we’ve already stated, he believes it will be one of the most unique gambling venues in the entire city.

“I think what I’d want to get across is that this will be a property like nobody’s ever seen in Las Vegas. It’s going to be designed and operated with service in mind, like the good old days of Las Vegas,” he said.  “This is a family-owned company that cares about its customers and employees. The rumors about us not opening or about when we’re going to open, that’s past now. We’re very comfortable now that we’re going to open during the summer of 2021.”

It’s exciting to hear the new details about Resorts World Las Vegas. Hopefully, the casino-resort is as great as the owners believe it will be.

More Venues Set to Open in Las Vegas

The best casino-resorts in the US can be found in Las Vegas. Recently, several major companies have begun working to open new gambling venues in this city. One is the new Virgin Hotel, which will open where the Hard Rock Hotel & Casino once sat.

The Hard Rock was sold the Virgin Hotels in March of 2018. It’s Virgin’s first major gambling venue. The company has hired several experts in hotel-casino design and want this property to be one of the best located off the Strip. It will open in 2020.

The MSG Sphere is another exciting venue that’s opening in Las Vegas. This isn’t a hotel-casino. Instead, it’s a massive entertainment venue that will host many of the world’s best musicians and performers. It’s expected to open in 2021.

Over the next few months, more details about Resorts World Las Vegas are likely to come out. Soon, we may even start seeing pictures of the resort’s interior.

Stay tuned for more Las Vegas casino news over the next few months!

Resorts World Update: Scheduled to Open in 2021

Resorts World, one of the biggest and most exciting casino-resorts in Las Vegas, now has an official opening date. It’s been a long time coming for this gambling venue which initially underwent construction in 2016. We’ve just been given a Resorts World update, and it seems that this gambling venue will be opening in the summer of 2021. Resorts World Las Vegas

This Genting Group-owned property is expected to become one of the biggest and most lucrative in the city. Today, we’ll look at what we know about this venue so far. We’ll also talk about some of the new features coming here.

Let’s get into it!

It’s Been a Long Road For Resorts World to Finally Open

Opening a hotel-casinos on the Las Vegas Strip is never easy. This is true now more than ever. Resorts World has gone through several major delays over the years yet it appears it’s finally on schedule to open.

Genting Group first purchased the land for this casino-resort back in March of 2013 for $350 million. Officials quickly began looking into how much money the construction process would cost. It was reported that the initial stage would take $4 billion to construct. Most of the design process was done privately.

Groundbreaking plans were initially scheduled for 2014. Unfortunately, one of Genting Group’s primary officials left the company, delaying this process. Groundbreaking eventually took place in May of 2015 during a ceremony that included lion dancers.

The Genting Group has dealt with several construction issues and lawsuits over the years. In 2018, Wynn Resorts filed a trademark infringement against Genting. Earlier this year, Wynn Resorts even sought a temporary restraining order against the project.

Hope was that Resorts World would finally open in 2020. This massive-casino resort is now scheduled to open in the summer of 2021.

Genting Group Offers Resorts World Update

Resorts World is opening several years than initially expected. According to company officials, however, the wait will be worth it. Genting offered a Resorts World update to the media this week and what’s being discussed sounds incredible.

The company officially upgraded plans for this multi-billion-dollar venue. They are now choosing to increase capacity, expanding the budget, and announced plans to break into the music residency business.

According to new reports, Resorts World will now cost $4.3 billion to construct. That makes it the most expensive gambling venue ever made in Las Vegas. Scott Sibella, president of this gambling venue, has already revealed some major changes.

It might take forever to open, yet this is expected to become one of the best gambling venues in the city. For $4.3 billion, that should certainly be the case.

Here are some of the things we now know are coming to Resorts World.

What Can Visitors Expect From Resorts World?

Recently, Scott Sibella met with executives of Genting at their headquarters in Malaysia. Here, he explained some of the new features coming to this massive gambling venue.

Initially, this gambling venue was going to have a unique Chinese theme. Now, it’s being changed to have a broader, luxury theme with “Asian-inspired touches.” Sibella abandoned themes with panda enclosures or representations of the Great Wall of China.

A 5,000-seat theatre will be constructed to host A-list performers and residencies.

A massive 75,000 square-foot nightclub will also be constructed inside the resort.

Two massive video screens are also being placed on Resorts World’s two towers. The west tower will have one of the largest LED building displays at 100,000 square feet.

“I think we’re in a pretty good position, and the energy of the Strip is moving north,” Sibella told the media. “We’re close to the expanded Las Vegas Convention Center across the street. It’s good to see The Drew is on track. And it’ll be interesting to see what Mr. (Phil) Ruffin does with Circus Circus.”

The Resorts World update we’ve just been giving is extremely exciting. If all goes according to plan, this will become one of the coolest hotels in Las Vegas.

Stay tuned for more Las Vegas casino news over the next few months!

Resorts World Las Vegas is Still On Track for 2020 Open

Las Vegas is home to many of the biggest and best gambling venues in the world. Recently, several major projects have been undergoing construction in the northern area of the Las Vegas Strip. According to new reports, Resorts World Las Vegas, which is being built in this area of the city, is still set for a 2020 open.

Resorts World Las Vegas

It’s great news for gambling fans around the city. Resorts World is expected to become one of the top gambling venues in the city. Today, we’re looking at what this new casino-resort has to offer.

Path to Construct Resorts World Las Vegas

For years, gambling analysts have claimed that a Resorts World would open up in Las Vegas. In 2012, Boyd Gaming began negotiations to sell its 87-acre casino site to Malaysia-based Genting Group. In 2013, the site was officially sold to Genting for $350 million.

Groundbreaking was initially scheduled for 2014 and construction was expected to be completed by 2016. Genting claimed that it would invest between $2 and $7 billion into the gambling venue. It planned to open several unique features including a panda exhibit, an indoor water park, and a replica of the Great Wall of China.

Unfortunately, several factors led to the delay of groundbreaking on this new casino-resort. Finally, in May of 2015, the first groundbreaking ceremony officially took place. At that time, the resort’s opening date was scheduled for late 2018.

Once again, several issues delayed the development of Resorts World Las Vegas. Wynn Resorts even filed a temporary restraining order against the project that had the potential to shut down construction.

Fortunately, things have run smoothly for the past few years. Officials now state that this resort will open in 2020.

Construction is Running Smoothly For Resorts World

Many news outlets in Las Vegas have closely followed the construction of Resorts World. The Las Vegas Review-Journal was recently given access to the casino site and claims that everything is running as planned. Genting’s $4 billion venue will be the first mega-resort to come to Las Vegas since the Cosmopolitan Hotel & Casino.

It’s extremely exciting news for casino gambling fans in this city. Resorts World is expected to become one of the top new venues in Las Vegas.

Right now, there are an estimated 1,500 construction workers for this project. Specific details about this gambling venue are still unknown. Resorts World Las Vegas will have an Asian theme. Scott Sibella, former president of MGM Grand, has not disclosed any of the changes that have been made during the recent construction of the casino-resort.

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

2020 is going to be a big year for Sin City.

More Projects Coming to Las Vegas

Resorts World isn’t the only exciting new project coming to Las Vegas in the near future. Over the past few years, several major projects have undergone construction here. One of the most anticipated is the MSG Sphere. It’s expected to become the hottest new entertainment venue in the city.

This new venue is being constructed by The Madison Square Garden Company. Construction on this project began in 2018 and it’s expected to be completed in 2021.

Another major project will be arriving in 2020, as well. Virgin Hotels purchased the former Hard Rock International in 2018 and quickly began looking for ways to renovate and update this venue. This hotel has officially been shut down while these renovations are underway.

The Virgin Hotel in Las Vegas is expected to be fantastic. It will have a unique desert theme and more than 60,000 square feet of gaming space.

Resorts World Las Vegas will officially open up in 2020. Make sure to stay tuned for more news on this gambling venue over the next few months!