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VegasJonesing.com :: View topic - **--> Genting Group to Buy Echelon Site, Develop New Resort
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**--> Genting Group to Buy Echelon Site, Develop New Resort
http://www.vegasjonesing.com/viewtopic.php?f=3&t=3534
Page 1 of 1

Author:  Silver Bow [ March 4th, 2013, 10:43 am ]
Post subject:  **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  skybank [ March 4th, 2013, 11:29 am ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

The best news about this is there there will be another casino that is NOT owned by HET/CET or MGM!

Author:  rog [ March 4th, 2013, 1:55 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

Good news all around, this will also boost SLS.

Author:  Evan614 [ March 4th, 2013, 2:34 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

City Center II? looks large like CC

Author:  skybank [ March 4th, 2013, 2:57 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort


Author:  vespajet [ March 4th, 2013, 5:45 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

They've already got Resorts World Casino in NYC at Aqueduct Racetrack not too far from JFK Airport. What's interesting is that the casino is only open from 8AM until 4AM. One of VegasTripping's sister sites, Felt Jungle did a piece on it last year.

http://www.feltjungle.com/globetripping ... ield-trip/

This is the sort of jumpstart that the northern Strip needs.

It's interesting that Echelon and Coast are the companies that are listed as the sellers of the property as Boyd Gaming created two companies (LVBLVD-I [Controlled by Echelon] and LVBLVD-II [Controlled by Coast Casinos]) that are the companies being acquired by Genting Assets. All companies involved are recently created companies, as Genting incorporated Genting Assets on 2/20/13 and Boyd Gaming created LVBLVD-I and LVBLVD-II on 2/26/13. So this deal apparently was done fairly quickly and quietly.

Genting already is the predominant casino operator in the UK, owning 46 casinos including a planned Resorts World at the NEC in Birmingham. They aren't some company with little to no gaming or hospitality experience.

Author:  Silver Bow [ March 5th, 2013, 1:14 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Tiki [ March 5th, 2013, 8:23 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

I hope so!

Author:  historian [ March 5th, 2013, 8:57 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

I see it as a good future spot to park when the small lot at the Peppermill is full. Easy walk across LVB.

Author:  B7s [ March 5th, 2013, 9:05 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

This will be a big boost to the north end. A slightly smaller version of Wynn/Core room wise. What did Rivera stock do the following day?

Author:  Silver Bow [ March 8th, 2013, 11:37 am ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Tiki [ March 10th, 2013, 12:31 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

I hope they come up with a better name though... "Resort World" sounds like it's being marketed as a Walmart Casino.

I like the theme. It's what the Imperial Palace should have been but never was.

Author:  Silver Bow [ March 25th, 2013, 9:19 am ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Silver Bow [ June 18th, 2013, 10:53 am ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Silver Bow [ June 19th, 2013, 12:09 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Silver Bow [ September 4th, 2013, 3:07 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Silver Bow [ October 31st, 2013, 9:24 am ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Tiki [ November 2nd, 2013, 7:35 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

So they say it's opening in 2016. Anyone notice any action on the property yet?

Author:  Silver Bow [ December 17th, 2013, 4:37 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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Author:  Silver Bow [ December 21st, 2013, 7:33 pm ]
Post subject:  Re: **--> Genting Group to Buy Echelon Site, Develop New Resort

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