New Las Vegas megaresort to market to Chinese tourists
Photo Credit: Other Las Vegas hotels, such as Bally's, could benefit if a hot, new property, Resorts World Las Vegas, enters the market and draws tons of new visitors. flickr.com / Moyan Brenn
Skift Take
Las Vegas hoteliers are hoping that the development of Resorts World Las Vegas will bring nonstop flights between Sin City and China.
It didn't take long for the buzz to become a roar after the Genting Group announced plans Monday to develop a 3,500-room megaresort on the Las Vegas Strip.
The Malaysian company's plan for Resorts World Las Vegas includes a cluster of hotels, 175,000 square feet of gaming space on multiple casino floors, 210,000 square feet of restaurants, 250,000 square feet of retail, a 4,000-seat theater, more than 500,000 square feet of convention space and 300,000 square feet of pools and water slides.
Developers say they hope to build a replica of the Great Wall of China, faux terracotta warriors and an enclosure for pandas.
While most people welcomed the news of a new neighbor on the Strip, others weren't quite as enthusiastic.
Here's a look at who stands to gain from the arrival of Resorts World Las Vegas and who stands to lose:
Las Vegas visitors
One of Las Vegas' most enduring qualities has been its ability to reinvent itself.
A big part of the reason the city expanded so rap
