Officials Have Finally Revealed the LV Virgin Hotel’s Opening Date

For months, gambling fans have been eagerly awaiting news on when the new Virgin Hotel-Casino would open its doors in Las Vegas. This property’s opening has already been delayed several times. This week, company officials gave the media more information on the LV Virgin Hotel’s opening date.Virgin Brand Logo

Based on what’s being said, this will be the best new hotel-casino to open in this city for years. It certainly has big shoes to fill inside the former Hard Rock Hotel. Today, we’re going to talk about when this venue is expected to reopen.

Let’s get into it!

Looking Back at How Virgin Hotels Moved Into Las Vegas

Las Vegas is one of the world’s biggest and most popular gambling destinations. Over the past few years, this city has seen its casino revenue increase quickly. Many exciting new casino-resorts were being constructed around the city.

Back in 1995, the Hard Rock Hotel opened its doors near the Las Vegas Strip. It quickly became one of the most popular venues in the city. As the years went on, however, it began seeing a major drop in earnings. Eventually, this venue was forced to close its doors.

The newly-formed Virgin Hotels brand saw an opportunity. It agreed to purchase this property for $500 million and immediately began the renovation and rebranding process. Hope was that this venue would be available to open in the fall of this year.

In August, reports began to surface that fall no longer seemed like a realistic possibility. Things have been delayed here several times already. Many analysts began questioning whether or not this new property would manage to open in 2020.

It’s clear that the owners of the Las Vegas Virgin Hotel are taking their time making the venue as good as they possibly can. We’re now finally beginning to hear about when this hotel-casino is expected to open its doors.

Here’s what we know about this situation.

The LV Virgin Hotel’s Opening Date is Set for January 15th, 2021

It’s no surprise that so many people are excited to see Virgin’s latest move into the casino industry in Las Vegas. This company is known for taking things to a whole new level. Many believe that this will grow to become one of the best new gaming properties in the city.

The renovation efforts on this venue were halted for a time. This caused the LV Virgin Hotel’s opening date to be pushed back once again. Some then felt that this property would open its doors in winter.

That no longer seems to be the case. Company officials recently held a major press conference to announce this venue’s official grand opening date. It’s now been confirmed that this hotel-casino will open to the public on January 15th, 2021.

“We have worked with amazing partners to combine Virgin Hotels’ signature amenities and our new property design to make Virgin Hotels Las Vegas a one-of-a-kind destination,” said Richard “Boz” Bosworth, President and CEO of JC Hospitality, owner of Virgin Hotels Las Vegas.

It’s exciting to finally have a date in mind. This venue’s opening has already been pushed back several times. It’s Virgin’s first major hotel-casino ever built, though, and many are cutting the company some slack for taking its time with the events unfolding around the world.

How are some of the other casino-resorts being built in this city faring right now?

Resorts World Las Vegas is Opening in Summer of 2021

The Las Vegas Virgin-Hotel isn’t the only new casino scheduled to open in Las Vegas next year. For years, construction has been taking place on Resorts World Las Vegas. This is expected to become the biggest and most impressive casino ever built in the city.

At more than $4 billion, this is also the most expensive casino-resort ever built in Las Vegas. Many expect it to become the most impressive gambling venue in the United States. Much like the Virgin Hotel, this one has seen its opening date delayed for years.

Fortunately, it seems that this casino-resort will finally open its doors in summer of 2021. It will have a unique Asian theme with over 115,000 feet of gaming space. Not long ago, the owners of this property recently revealed some of the incredible new luxury suites the hotel is offering.

The opening of this venue certainly didn’t come at the most ideal time, though. Las Vegas has been struggling immensely over the past seven months. Some analysts feel it could take years for this city to get back to pre-pandemic levels of tourism and revenue.

There are a number of exciting new gambling venues opening their doors in Las Vegas. The LV Virgin Hotel’s opening date has just officially been revealed. It will be interesting to see how successful this venue becomes.

Are you excited to hear that the Virgin Hotel is opening its doors next year? Let us know in the comments section below!

Resorts World Las Vegas Partners with AEG for New Entertainment Venue

Entertainment Venue InteriorResorts World is one of Las Vegas’ exciting new resorts to come, alongside downtown LV’s Circa Resort. The two mega properties were in construction long before the infamous COVID-19 pandemic hit, and thankfully, construction is still going strong with their completion dates on target.

The future is still bright for Las Vegas entertainment, and Resorts World is making sure it’s going to have a giant slice of that pie.

Resorts World Las Vegas just announced that they will be welcoming a new, state-of-the-art entertainment venue within its walls, called “The Theatre.”

In a partnership with AEG, the new entertainment venue will be exclusively programmed and operated by Concerts West, which is a division of AEG presents.

In an exclusive interview with Billboard, Scott Sibella, president of Resorts World Las Vegas, and John Meglen, president and co-CEO of Concerts West said that The Theatre is going to “redefine the Las Vegas residency, reimagine the theatrical experience on the Strip and recast how artists create their shows.”

Sibella said Resorts World was looking for the right partnership and found that with AEG, since AEG is a veteran when it comes to the Las Vegas entertainment scene, especially when it comes to booking touring acts and residencies.

“The Theatre”: A State-of-the-Art Theatre Unlike Any Other Vegas Venue

Although Las Vegas stages and stages around the world have gone dark for the past few months, come summer 2021, that should hopefully change with Resorts World’s exciting new addition to the Vegas Strip: The Theatre.

The 5000-capacity theatre, which is being designed by Scéno Plus, will feature innovative staging and advanced technology laced throughout. Tailored to the A-list performers who will be gracing the stage, there will be VIP amenities for them all afloat.

The stage will be among one of the largest on the Strip, with dimensions of 64-feet deep by 196-feet wide, altogether making up a whopping 13,550 square feet.

Before concert-goers even feast their eyes on the venue’s massive size, they’ll be greeted by a dazzling 65-foot custom chandelier dangling inside of The Threatre’s four-story lobby, which will be decorated in hues of black and champagne.

The Theatre will also feature a multi-dimensional surround sound experience, with an audio system containing 265 speakers.

5,000 square feet of LED screens will also allow artists to display their content in a loud way.

VIP guests will get the VIP in the new concert venue, with their very own entrance, two private salons featuring lounge seating and full-service bars.

Who Will the Entertainment Lineup Include?

According to Sibella, the entertainment lineup that the new concert will feature will be as varied as the concert-goers themselves, from legendary acts to current chart-toppers.

Meglen with AEG is designing the venue to appeal to every artist in town. Meglen hopes they’ll look at the venue and ask themselves why they’re not playing there. According to Meglen, artists need the right tools, crews, and atmosphere to perform at their best. He wants the artist’s entire organization to look around The Theatre and think it’s the greatest place they’ve ever played.

Meglen has A-list experience, too. Formerly, he partnered with AEG svp John Nelson and Caesars Palace to create the famed Colosseum. The Colosseum, as you may know, has been home to superstar residencies for years, including Celine Dion, Mariah Carey, and Shania Twain.

Live Entertainment Still on Hold in Vegas

With Nevada’s current COVID-19 cases topping 30,000, the state will likely be in phase two of its reopening plan for a while longer. Most recently, Gov. Steve Sisolak rolled bars back to their phase one standards for reopening, causing any bar that strictly only serves alcohol to shut back down until further notice.

So of course, the elephant in Vegas’ room is that live entertainment is still shelved and won’t be able to make its debut until the Silver State reaches phase four of its recovery plan, and it’s unsure how long that will be.

Sibella says that despite live entertainment being on hold, at some point something has to give.

“There’s not a point that we’re not going to open, but you have to remember these buildings aren’t built for 50% occupancy,” Sibella says “You don’t build a theater and then all of a sudden say, ‘we only want 2,000 people in there—every other seat.’”

Sibella says the current occupancy caps could very well ruin the economic model and energy of the program. He says that things need to get better soon, or that properties on the Strip need to relook at their models and come up with a solution in how to better operate these massive buildings.

He’s hopeful that things will return to normalcy by mid-2021, and that the non-gaming revenue aspect will continue to grow. Sibella believes music fans will be leading the charge to that specific economy since they’ll be after these singular, concert experiences that the city offers so well.

Other Resorts World Updates

A few weeks ago, the 3,500-room, $4.3 billion, 88-acre luxury resort featuring three Hilton brands, Hilton Hotels & Resorts, LXR, and Conrad, unveiled their guestrooms designs for the Hilton and Conrad hotels in the complex.

The resort’s 550-square-foot premium king and queen rooms will feature bright color scheme a mix of patterns and textures, including contrasting metal and organic, earthy elements.

The design, which was imagined by KNA Design, features the theme of luxury geometric “fluidity.” The theme is evident in the wave-patterned, mixed-blue carpet and drapery, with gold accents across the room’s private bar.

The glass walk-in shower also ties into the theme, adding a contemporary aesthetic and essence to the overall look.

And just last week on Independence Day, Resorts World Las Vegas activated its 100,000-square-foot LED screen for the first time, displaying digital fireworks to onlookers.

The activation was a glimpse into the progressive technology with features in the future when it opens its doors in the summer of 2021.

The 294 feet by 340 feet LED screen is on the resort’s west tower, and there are plans to have a 19,000-square-foot LED screen on its east tower in time. The time it took to complete the west tower’s LED screen was approximately seven months.

Despite the current coronavirus climate, Resorts World Las Vegas is still on track to be completed by the summer of 2021.

Sibella said that the resort isn’t just going to be the newest Strip resort, but the first serious foothold in America by Genting Group.

About Resorts World Las Vegas

The new $4.3 billion next-generation integrated resort is the first resort to be built from the ground up in Las Vegas in almost a decade.

According to the company, the resort is being designed to appeal to a wide variety of both domestic and international tourists, with luxury and modernization at its core.

The casino gaming floor will feature 117,000 square feet of gaming, including slots, table games, a designated poker room, and high-limit areas and more.

The property will offer an array of food and beverage, with dining options ranging from authentic street food to Michelin-starred dining, as well as concepts that will be brand new to the Las Vegas Strip.

Shopping will also be available on the resort, featuring a curated luxury retail collection to tie into the resort’s essence of luxury and modern sensibility.

Resorts World will offer 350,000 square feet of flexible meeting space and banquet space.

There will also be a world-class spa and fitness facility available. The resort will have a 222,000-square-foot pool complex, including a 1,800-square-foot infinity pool offering dazzling views of the Las Vegas Strip.

Nightlight concept will also be available, featuring 65,000 square feet of nightlife and entertainment space.

About AEG Presents

AEG Presents is the live-entertainment division of the Los Angeles-based AEG. AEG Presents features various aspects of live contemporary music performances.

They operate in North America, Europe, and Asia, with 16 regional offices.

The company produces over 25 music festivals and hosts over 15,000 shows annually.

Two Casinos Want in on Boring Company’s Tube System

Las Vegas Convention CenterElon Musk’s innovative Boring Company is developing an underground “people mover” loop system in Las Vegas that’s set to be finished by next January. It will be used to move more than 4,000 people through the tunnels, allowing them to go from venue to venue in a fraction of the walking or driving time.

The idea behind it was to relieve congested convention traffic and provide Las Vegas visitors with a more convenient way to travel between the Convention Center and different resorts.

The $52.5 million-project recently completed its first phase in May, which involved digging a second tunnel underneath the Las Vegas Convention Center, the hub of where the system will live. The first tunnel was dug in February.

The next phase of the first-of-its-kind project will involve completing the above-ground passenger stations on both sides of the tunnel. The loop system is formerly being called the “Convention Center Loop,” and hopes to break ground in time for next year’s Consumer Electronics Show (CES).

It will be Boring Company’s first commercial transportation project. A variety of Tesla vehicles will move people through the tunnels in a matter of minutes, versus them making a cross-campus walk that would take around 15 minutes.

The Loop is mainly meant to serve convention-goers and be a benefit for trade shows, rather than stand as a public transportation system, and it will be a free service.

Wynn Resorts and Resorts World Want in On the Loop System

Both Wynn Resorts and Resorts World, which is still under development, are seeking county approval to get linked up to the Convention Center Loop.

Wynn Resorts and Encore are the closest resorts to the Convention Center, so getting approval to get connected to the station would be ideal. If approved, travelers could get from the Convention Center to Wynn Resorts and Resorts World in just a couple of minutes.

According to Scott Sibella, president of Resorts World Las Vegas, getting linked would remove Convention guests’ worries or making the long walk back to their resort or getting stuck in gridlock traffic.

The transportation system would allow them to easily leave the Convention Center for lunch, meetings, appointments, or sightseeing, and get them back quickly. It’s a win-win on both ends.

Loop Could Possibly Even Link to Allegiant Stadium Next Year, Too

Allegiant Stadium, which is set to be completed by the end of July 2020, could also possibly link to the Loop next year.

According to Steve Hill, Las Vegas Convention and Visitors Authority CEO, the Convention Center and the $2 billion-dollar stadium could be linked as early as the start of the 2021 NFL season.

This would make a be a convenient solution for stadium-goers to make it to and from the stadium, since the stadium is located on the very south end of the Strip, past Mandalay Bay.

There is no estimate on how much it would cost to link the two properties, but passengers riding between these two locations would be charged a fee.

Hilton Brand Plans Return to Strip with New Las Vegas Hotels

Former Las Vegas Hilton HotelHilton Worldwide Holdings Inc. is ready to bring their iconic Hilton brand back to the Las Vegas Strip.

According to a statement provided by both companies, Hilton will operate three hotels in conjunction with Genting Group’s Resorts World Las Vegas, the $4.3 billion resort set to open next summer. The new deal marks Hilton’s largest multi-brand deal throughout their company’s history.

“Together, Resorts World and Hilton are bringing back the essence of The Las Vegas Hilton, once the largest hotel in the world and synonymous with gaming, conventions and entertainment in Las Vegas, with this multi-brand development,” the release said.

The partnership will include three separate Premium Hilton properties: Hilton Hotels & Resorts, which will be the larger property featuring 1,700 rooms, LXR and Conrad – into Resorts World Las Vegas. Conrad, the smallest of the three properties featuring 1,500 rooms, is being designed specifically to cater to high-rollers and Hilton’s growing rank of loyalty program members.

“Our 100 million members are very eager to be there and we’ve heard about that for many years until we’ve had this chance to return,” said Greg Hartmann, a senior vice president of development at Hilton.

Resorts World Las Vegas, the 3,500-room resort that plans to include a 5,000-seat theater, 350,000 square feet of meeting and convention space, and a 220,000-square-foot pool complex, will be apart of Hilton Honor’s guest-loyalty program as well.

The Old Hilton Las Vegas

Built in 1969 by casino magnate Kirk Kerkorian, the original Las Vegas Hilton originally opened at the International Hotel. In 1970, it was sold to Hilton and renamed the Las Vegas Hilton one year later. At the time, it was once the world’s largest hotel.

Fast forward to 1998, Caesars Entertainment took ownership of the Hilton and sold it to Colony Capital in 2004. When Colony defaulted on loan payment, Goldman Sachs stepped in and took an ownership stake in 2011. In 2012, Hilton terminated its licensing agreement on the property, and the hotel was renamed LVH – Las Vegas Hotel & Casino.

In its heyday, the hidden jewel among the off-Strip hotels was ranked among the world’s most famous and popular destinations. It was even considered Elvis’ “home” headquarters in Sin City. When it was in operation, the property boasted up to 3,000 rooms and suites.

More fun facts about the original Hilton’s early history:

  • The 64-acre lot was home to the Las Vegas Park Speedway, which ran as a horse and auto racing facility, in the 1950s.
  • The opening-night act in 1969 was Barbra Streisand.
  • In 1969, Elvis played 58, consecutive should-out shows to over 130,000 fans.
  • Presley had a residence at the property until December 1976.

About the Hilton Brand

Currently, the Hilton Brand operates 17 different hospitality brands, ranging from luxury, upscale full service, all suites full service, midscale economy, economy, and timeshare.

The Hilton Hotels & Resorts brand description from their official website:

For nearly a century, Hilton Hotels & Resorts has been proudly welcoming the world’s travelers. With more than 575 hotels across six continents, Hilton Hotels & Resorts provides the foundation for exceptional travel experiences and values every guest who walks through its doors. The most recognized name in the industry, Hilton remains synonymous with the word “hotel.” From inaugural balls and Hollywood award galas to business events and days to remember, Hilton is where the world makes history, closes the deal, toasts special occasions and gets away from it all. As the flagship brand of Hilton, Hilton Hotels & Resorts continues to set the standard for hospitality, providing new product innovations and services to meet guests’ evolving needs.

The Former Lucky Dragon Hotel is Slowing Improving

It seems like every single year, a new major hotel-casino opens its doors in Las Vegas. Not long ago, the former Lucky Dragon Hotel officially opened to the public. This new property, called the Ahern Hotel, is hoping to capture the success that the Lucky Dragon never could.Former Lucky Dragon Hotel

It’s an interesting time for the owners of this venue. Many are eager to see how it fares in the increasingly-competitive Las Vegas casino market. Today, we’re going to look at why this venue changed its name and what is planned here.

More of Las Vegas’ Venues Change Ownership

There are a huge number of new hotel-casinos in Las Vegas. Some of these are beginning to open on the Strip. Others open their doors in the Downtown area. Unfortunately, not all of these gambling venues are successful.

Over the past few years, we’ve seen several major hotel-casinos close and change ownership. One that comes to mind is the Hard Rock Hotel & Casino. This property opened its doors way back in 1995 and was one of the most popular hotel-casinos off the Strip. Unfortunately, its owners decided to sell the venue to Virgin Hotels.

Some of the city’s biggest and most profitable casino-resorts are being sold, as well. Over the past six months, MGM Resorts International has sold a number of popular venues. MGM even sold The Bellagio to The Blackstone Group for an incredible $4.2 billion.

These sales aren’t likely to slow down. Reports indicate that more of the biggest casino companies in the city are preparing to sell some of their venues. This includes Caesars Entertainment, which is in the process of merging with Eldorado Resorts.

Some of these new venues are already proving to be hugely successful.

Former Lucky Dragon Hotel Set for Major Upgrades

Many people are familiar with the Dragon Hotel in Las Vegas. This was the first new gambling venue to open in the city after the recession and carried significant hype behind it. The goal was to capture the Asian market, yet this did not go as planned.

Not long after opening, this property began losing money. After just two years, it was forced to close down. Eventually, news broke that Don Ahern purchased the venue for $32 million. He told the media he wanted to upgrade and expand the former Lucky Dragon hotel.

These improvements are now beginning to take place. Ahern claims his company is investing approximately $10 million into this new venue. The hotel’s rooms have already been upgraded. Soon, construction will begin to improve the casino here.

There’s definitely some potential here. The hotel’s location and size make it favorable for many gamblers around the city. With a few improvements and perhaps a better marketing strategy, the former Lucky Dragon hotel could become one of the top properties located off of the Las Vegas Strip.

It’s still unclear what this venue will be named. Ahern told the media he expects it to be “fully functioning” by the Fourth of July. We’ll need to wait and see how successful it ends up being.

Resorts World Las Vegas is Almost Here

Every once in a while, a massive casino-resort opens in Las Vegas. The best of these venues are located on the Strip. In December of this year, Resorts World Las Vegas will officially open in the northern area of the Strip.

This property is the most expensive ever constructed in the city. Most analysts claim it will be one of the most impressive casino-resorts ever built. Several details have begun to emerge as to what this new venue will offer.

Its location is interesting. For years, the north part of the Strip has struggled to attract tourists. Only a few venues are located here. Owners of Resorts World believe this new property will completely change the public’s perception of this area.

A major new casino-resort is also opening up in Downtown Las Vegas. This venue, called Circa Las Vegas, will feature the largest swimming pool in the city.

It will be fascinating to see how the former Lucky Dragon hotel competes with some of the bigger venues in the city. Don Ahern seems determined to make the hotel successful. Stay tuned for updates over the next few months!

Las Vegas Gaming Revenue Increased Once Again in 2019

For most of 2019, gambling revenue in Las Vegas increased. It was great news, especially considering the rise in competition from other states with expanded gambling options. Las Vegas gaming revenue increased last year for the first time and many predict that 2020 will be even more successful. Hundred Dollar Bills

This is an exciting time for the city. Some incredible new venues are slated to open here this year. Today, we’re going to take a look at how much gambling revenue was earned last year, and talk about what to expect in 2020.

Let’s get into it!

Nevada Remains the Gambling Hub of the United States

Ask someone what comes to mind when they think about Nevada. There’s a good chance you’ll hear them say “gambling.” The Silver State is home to several major gambling cities including Las Vegas and Reno. For decades, it’s been the gaming hub of the country.

Las Vegas, in particular, is run by the gambling industry. Many of the biggest and best gambling venues in the world are located in this city. Several of the world’s biggest casino companies are also headquartered here, including Las Vegas Sands, MGM Resorts International, and Wynn Resorts.

For decades, Nevada was the only state that could legally offer sports betting options, as well. As a result, thousands of people would flock to this city just to place bets on their favorite teams and players. Today, however, a huge number of states have legalized sports gambling.

This is due to the Supreme Court striking down PASPA back in May of 2018. It immediately gave every state in the country the ability to set its own laws on this industry. More than 20 states now have regulated sports gambling options and earn millions of dollars a month through taxes.

In recent years, a huge number of states have begun expanding their gambling options. Despite this, Las Vegas continues to thrive.

Las Vegas Gaming Revenue Surged in 2019

Early last year, gambling revenue in Las Vegas was fluctuating. There was fear that the new options in states like New Jersey were taking away some of the city’s gambling tourists. Before long, things began to turn around and 2019 proved to be one of the most successful years in the city’s history.

Statewide, casinos in the state of Nevada took in an average of more than $1 billion a month in overall wagers. Nevada’s Gaming Control Board reports a statewide win of $12.032 last year. Clark County, where Las Vegas sits, accounts for more than 86% of the state’s total winnings.

This means that Las Vegas gaming revenue has increased for five straight years. It’s an incredible statistic that shows just how strong the state’s gambling market really is.

The rise of legal sports betting around the country was expected to hit Nevada hard. This doesn’t appear to be the case. Nevada’s sportsbooks won $329.1 million last year. This represents a 9.5% increase from 2018.

Gambling operators in this city have to be celebrating. Many have invested heavily in Macau, which has been struggling to generate revenue lately. Hopefully, this trend continues throughout 2020.

Massive New Properties Set to Open in Las Vegas This Year

As we’ve already mentioned, Las Vegas is home to many of the biggest and best casino-resorts in the world. In 2020, we’re going to see some of the most incredible casino-resorts open in this city. The one that most are looking forward to is the Resorts World Las Vegas.

This massive property has been in the works for years. Several major delays have pushed back its opening date. As of now, it’s scheduled to open in December of 2020.

Resorts World Las Vegas is the most expensive casino-resort ever constructed in Las Vegas. It’s expected to be one of the best properties in the world. Scott Sibella, former president of MGM Resorts International, has taken control of this property and promises that it will be something special.

The Downtown area is also set to welcome some exciting new properties. The most exciting is Circa Las Vegas, owned by Derek and Greg Stevens. This venue will feature a host of amazing restaurants and one of the best swimming pools in the city.

Las Vegas gaming revenue continues to surge. Most analysts predict that 2020 will be an even more successful year.

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

Nevada’s November Gaming Revenue Dropped This Year

For most of 2019, gambling revenue in Las Vegas has increased. It’s an exciting statistic, considering casino competition has been increasing around the US. Unfortunately, Nevada’s November gaming revenue dropped. Revenue Drop Picture

It’s not entirely surprising. November is considered one of the least-busy months for Las Vegas. It’s likely that gambling revenue will increase once again in December. Today, we’re going to look at exactly how much gaming revenue fell last month.

Let’s get into it!

2019 Proves to Be a Fantastic Year For Las Vegas Casinos

Las Vegas is still the country’s biggest and best gambling destination. In recent years, however, a huge number of states have begun to expand their casino industries. Many felt that this rise in competition would take a toll on Nevada. This did not turn out to be the case.

As we’ve already mentioned, gambling revenue has increased here for almost the entire year. This is especially true on the Las Vegas Strip. Here, nearly all of the casinos have experienced massive revenue gains.

This Summer was a particularly impressive season for gambling venues in Las Vegas. During June, July, and August, gaming revenue surged in the city. Hotel occupancy was also close to reaching record-breaking levels.

Even during Fall, casino revenue surged here. In October, gambling revenue here surpassed $1 billion. Revenue from the Las Vegas Strip during this month reached $538.5 million.

The next month, gambling revenue finally dropped. Reports on Nevada’s November gaming revenue have just been released. Here’s how the state’s gambling venues performed.

Nevada’s November Gaming Revenue Falls in November

November isn’t typically thought of as a popular gambling month for Las Vegas. Many individuals are gearing up for the holidays and aren’t interested in wagering their money inside casinos. This week, the NV Gaming Control Board released reports on Nevada’s November gaming revenue. Unfortunately, things didn’t turn out great.

According to these reports, gambling revenue was down 3.1% when compared to November of 2018. Overall, the state brought in $937.5 million in gambling revenue. In Clark County, where Las Vegas is located, revenue dropped by 3.4% to $805.2 million.

North Las Vegas casinos performed the worst. Casinos in this area generated just $19.3 million. This represents an astounding 15.3% drop from the same time last year.

Historically speaking, Baccarat is one of the best games for casinos to generate revenue. Interestingly, Baccarat revenue dropped significantly in November. Michael Lawton, a senior research analyst for the state Gaming Control Board, commented on this to the media this week.

“The continued trend of decreased baccarat volumes was the cause for this month’s decline as volumes of $557 million were down $247.4 million or 30.8 percent,” he said. “Baccarat volumes have only increased twice this calendar year and are currently down 14.9 percent through November.”

Sports betting proved to bring in a significant amount of revenue last month. Sports pools won $31 million, up 14.3 percent or $3.9 million compared to 2018. Overall, Nevada’s November gaming revenue drop doesn’t mean much. It’s likely that things have already bounced back in December.

Construction Continues on Resorts World Las Vegas

For years, officials in Las Vegas have discussed the impact that Resorts World will have on the city. It’s the most expensive casino-resort ever built in the city. Most feel it will be one of the best gambling venues ever built.

Initially, the hope was that this venue would open in 2020. Not long ago, former MGM Resorts executive Scott Sibella became president of Resorts World Las Vegas. He pushed the opening of the venue back until 2021.

Sibella claims that he wants to ensure everything is perfect by the time it opens to the public. He also added several entertainment features to the resort including a 5,000-seat theater.

Resorts World Las Vegas is opening in the northern area of the Las Vegas Strip. This is an area of the city that’s struggled to attract tourists. Hopefully, this new casino-resort will bring new life to the area.

Nevada’s November gaming revenue dropped. For most of 2019, however, the state has generated a huge amount of money from its gambling venues. Make sure to stay tuned for an update on December’s revenue earnings!

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!

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!