Malaysia-based Genting Group is sticking to its target of opening the $4 billion Resorts World Las Vegas by the end of 2020 as some analysts begin to question the timeline.
“We are still tracking initial opening by end of 2020,” spokesman Michael Levoff said.
Genting activated construction at the site last year, and visible progress has been made. Nonetheless, much remains to be done, including finishing the glass siding.
Credit Suisse said in a report this week that “the general consensus” on the opening of Resorts World and neighboring resort The Drew “is likely a 2021+ event.”
Resorts World Las Vegas and The Drew would be the first megaresorts opened on the Strip in a decade. The Cosmopolitan of Las Vegas, the last major resort built, commenced operations in December 2010.
Resorts World will consist of more than 3,400 rooms spread out over three towers on the north end of the Strip.
The resort is being designed with a Chinese theme and will feature restaurants serving authentic regional dishes, the company said on its website.
Shades of red and white will dominate the color palette inside the casino, according to sketches posted on its website. The gaming floor will span more than 100,000 square feet.
The interior of Resorts World will also hold a garden with trees, fountains and a pagoda.
The tower stretching toward the Strip will feature a giant Chinese lantern hanging from the top.
The outside will consist of smaller buildings designed in traditional Chinese architecture, as well as an amphitheater and pool, according to sketches.
The resort will be Genting’s first in Nevada. It also operates resorts in Malaysia, Singapore, South Korea, the United Kingdom and the Bahamas, according to its website.