Genting's Resorts World Las Vegas slated to open today — report

KUALA LUMPUR (June 25): Genting Bhd's US$4.3 billion (RM17.9 billion) Resorts World Las Vegas is set to open its doors today, according to a report by CNBC.

The establishment's casino has been touted as the city's "most technologically advanced casino", with mobile payments throughout the resorts — including at the betting tables — enabled by smart partnerships, while radio-frequency identification embedded chips tally gaming activity.

"We've integrated and created what we believe to be industry-leading cashless wagering technology where guests can play in a slot machine using cashless wagering from their phone within their app, and they can go and do the same in a table," the report quoted Rick Hutchins, Resorts World senior vice president of casino operations, as saying.

Other features of Resorts World Las Vegas include a 117,000-square-foot casino floor, on-site sportsbook and 1,800-square-foot infinity pool.

Scott Sibella, president of Resorts World Las Vegas, said the company has teamed up with crypto exchange Gemini to explore how guests may use digital currencies within the property.

"I think you'll be able to use crypto to check out and pay your folio or go to a restaurant, that's what we're looking at, but there's still a lot to look at and get approved," said Sibella.

Meanwhile, Genting's chairman and chief executive officer Tan Sri Lim Kok Thay said he looks forward to a resumption in Chinese tourism, which will play a vital role in global travel.

At the noon break, Genting was unchanged at RM5.05, giving it a market capitalisation of RM19.48 billion.

Get the latest news @

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
  1. Analysts foresee solid recovery for Genting and Genting Malaysia
  2. Genting subsidiary Resorts World Las Vegas to deduct back taxes on employees’ tips after 'system error'
  3. Kenanga ups target price for Genting on 'recovery play' despite 1HFY21 results missing expectations