Posted Mar 24, 2015, 3:08 AM
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Join Date: Sep 2005
Posts: 3,132
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Quote:
Resorts World Las Vegas ground breaking announced
Malaysia-based Genting Berhad will break ground on the $4 billion Resorts World Las Vegas on May 5, a company spokesman said Monday.
The Strip development, which has been in planning for two years, is projected to include 3,000 hotel rooms and a casino with a combined 3,500 slot machines and table games in its initial phase. The property will have 30 food and beverage outlets, a 4,000-seat theater and an elaborate garden attraction that will serve as the property’s front door to the Strip.
Spokesman Michael Levoff confirmed the groundbreaking date in an email and said more details will be provided in coming weeks.
Construction is expected to take place over multiple years and include at least two or three phases.
Resorts World Las Vegas is expected to provide $1.5 billion in construction wages and $84 million in taxes while employing several thousand workers.
Once open, the property would account for 8,500 direct jobs and 3,300 indirect jobs. The development is projected to generate $155 million in annual tax revenue.
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http://www.reviewjournal.com/busines...king-announced
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