RSS

An insecure future for Resorts World Miami

06 Jan

After many months of uncertainty, the casino resorts legislation in Florida is still under discussion. Subsequently, Resorts World Miami, the Downtown Miami giant complex supposedly containing the world’s largest casino still has an unsettled future.

The 3 billion-plus project planned to be developed over the next 3 to 5 years might have to review its plans. If the casino bill fails, Genting group will have to redesign the project.  The downsized 300,000sqft of the resort that was initially devoted to the gambling area would possibly be reconverted into housing facilities. Another option for the Malaysian group would be to resale the land. According to Genting representatives, this option is not a taken into account.

Even if the casino area is rejected, Resorts World Miami is still aiming at becoming a first class resort which will attract tourists from all over the world.

Advertisements
 
Leave a comment

Posted by on January 6, 2012 in News

 

Tags: , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: