1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Resorts World: UPDATE

Discussion in 'Casino Industry & Development' started by UTE, Mar 18, 2016.

Thread Status:
Not open for further replies.
  1. hammie

    hammie VIP Whale

    Joined:
    Sep 18, 2006
    Messages:
    8,343
    Trips to Las Vegas:
    8

    My fish is fresh
     
    • Like Like x 1
  2. SH0CK

    SH0CK Stylin' and Profilin' Quasi Tech Admin

    Joined:
    Nov 2, 2001
    Messages:
    24,014
    Location:
    Tennessee
    Trips to Las Vegas:
    50
    The 2 hotels aren't associated in anyway.
     
  3. h0llywood

    h0llywood VIP Whale

    Joined:
    Sep 1, 2015
    Messages:
    1,353
    Location:
    Las Vegas, NV
    Trips to Las Vegas:
    100
    Stayed at Encore last week and you can tell progress is being made. Still snails pace but progress nonetheless.
     
  4. Ruark

    Ruark Low-Roller

    Joined:
    May 7, 2012
    Messages:
    349
    Trips to Las Vegas:
    100
    175000 square foot gambling space? That's the biggest on the strip. M. Bay is biggest at 160K, Bellagio and MGM at about 156K. With interest in gambling steadily declining (let's not get into the reasons), I wonder how RW is planning to keep that room busy......
     
  5. Drewm1972

    Drewm1972 VIP Whale

    Joined:
    Jul 3, 2016
    Messages:
    3,258
    Trips to Las Vegas:
    20
    Well whatever the reason they are opening ( they did say "scale back") I do hope they open soon we need more competition on the strip...better for players.
     
  6. jtdestef

    jtdestef Low-Roller

    Joined:
    Nov 19, 2015
    Messages:
    138
    Location:
    Raleigh, NC
    Trips to Las Vegas:
    5
    They're probably overestimating the market, but I would imagine that they're trying to lure the Asian gamblers. Resorts World is a big name across the Pacific.
     
  7. shokhead

    shokhead No big spender unless eating drinking having fun!

    Joined:
    Oct 12, 2007
    Messages:
    7,108
    Location:
    SoCal
    Trips to Las Vegas:
    85
    I think they are trying to create more of a market to get more Asian gamblers.
     
  8. tommy JC Nguyen

    tommy JC Nguyen Low-Roller

    Joined:
    Mar 23, 2017
    Messages:
    104
    Location:
    Chandler
    Trips to Las Vegas:
    18
    well isnt hat where echelon.suppose to be ?? cause echelon is suppose to be asian theme hotel and casino
     
  9. MikeOPensacola

    MikeOPensacola El Jefe

    Joined:
    Sep 26, 2012
    Messages:
    10,689
    Location:
    USA
    Trips to Las Vegas:
    180
    My guess is that they can always convert casino space to retail/food/bar space. Plus, it might help in the marketing if they can boast that they have the largest casino floor in town.

    :peace: :beer:
     
    Annual CCA (Casino Collectibles Association) Show at South Point
    Long Overdue Stay At The Golden Nugget
  10. Grid

    Grid Well-Known Member

    Joined:
    Jan 17, 2011
    Messages:
    3,484
    Location:
    Chicago
    Trips to Las Vegas:
    31
    I walked by the site last week, didnt look like much was done since I made the same tour last Sept. BUT, on Saturday I took the Deuce back to the strip from Fremont, while sitting on the top floor of the buss I could see over the windscreen and saw the giant foundation dug, cemented and laid out for the main building.

    So they are doing something in there, just nothing all that fancy yet. Looks like some more metal skeleton has been to the old abandoned one as well.
     
  11. DaiLun

    DaiLun R.C., L.C., and A.A.N.G.

    Joined:
    Apr 24, 2014
    Messages:
    13,085
    Location:
    San Jose, CA
    Trips to Las Vegas:
    100
    Echelon WAS owned by Boyd but the property was sold to Genting to make Resorts World.
     
  12. macko104

    macko104 Tourist

    Joined:
    Mar 1, 2016
    Messages:
    53
    Trips to Las Vegas:
    15
  13. Fishercat

    Fishercat Tourist

    Joined:
    Apr 12, 2011
    Messages:
    30
    Location:
    Vermont
    Trips to Las Vegas:
    10
  14. dmr

    dmr Registered Abuser

    Joined:
    Feb 18, 2011
    Messages:
    19,794
    Location:
    Somewhere in Middle America
    Trips to Las Vegas:
    70
    I'm still not holding my breath on this one. If they were serious about a Really Truly Mega-Resort, I would expect that more than a few contractor trucks would have been sighted.
     
  15. hail2skins

    hail2skins VIP Whale

    Joined:
    Mar 10, 2011
    Messages:
    2,061
    Trips to Las Vegas:
    30
    It will be interesting to see to what extent Genting may downscale the project, or, who knows, possibly go for a different theme (perhaps this was what Leach was referring to). Either way, until cranes actually do start to show up on site, its tough to get too excited about the activity at the former Stardust.

    The other interesting tidbit in Leach's article was the rumor that the Alon parcel may be up for sale for $300 million. With Wynn downscaling Paradise Park from $1.5 billion to $500 million (and without the hotel tower), does he have any interest in developing across the street from his complex? If not, I wouldn't mind seeing Eric Trump acquire the parcel. Trump wouldn't build anything that would wow anyone, but probably have a high-end place that would be a nice addition to the central-north Strip, with proximity to the existing Trump hotel.
     
  16. Jon E Coyote

    Jon E Coyote Low-Roller

    Joined:
    Oct 24, 2012
    Messages:
    319
    Location:
    Marco Island FLA
    Trips to Las Vegas:
    29

    Place was a ghost town last week, in fact I've noticed next to nothing in 4 trips there, dating back to last summer
     
  17. dmr

    dmr Registered Abuser

    Joined:
    Feb 18, 2011
    Messages:
    19,794
    Location:
    Somewhere in Middle America
    Trips to Las Vegas:
    70
    My prediction is that this stalled project will span multiple recessions!
     
    • Like Like x 1
    • Funny Funny x 1
  18. The Stig

    The Stig VIP Whale

    Joined:
    May 28, 2009
    Messages:
    3,173
    Location:
    Lancashire, UK
    Trips to Las Vegas:
    34
    • Like Like x 1
  19. woodsie

    woodsie VIP Whale

    Joined:
    Jan 19, 2012
    Messages:
    1,805
    Trips to Las Vegas:
    18
    Gaming is declining as a percent of total revenue but in terms of actual dollars it's still increasing from what I can find online. It looks like it took a dive in 2008 but has back on a very mild upswing since.

    You are right though that this is a big chunk of gaming floor to add. It'll be interesting to see how it pans out.
     
  20. tmoney25

    tmoney25 High-Roller

    Joined:
    Jun 15, 2015
    Messages:
    995
    Trips to Las Vegas:
    8
    Percentage of revenue from gaming is probably declining because they charge for everything else now!
     
Thread Status:
Not open for further replies.