Instead of an Asian or Chinese theme, Resorts World will reach for a luxury experience “with Asian-inspired touches.” Sibella said the company long ago abandoned any theming with panda enclosures or representations of the Great Wall of China.
■ The theme of the property is being modified to appeal to a broader audience. Sibella recently met with Genting executives at their corporate headquarters in Malaysia and firmed up several changes for the Las Vegas property: He had been president and chief operating officer of the MGM Grand for eight years but left the company as part of the MGM 2020 cost-cutting measures.
The company made a major management shift in May, naming former MGM Resorts International executive Scott Sibella as president of Resorts World. The most recent estimate had set the price at $4 billion. The cost of the north Strip megaresort, under construction on the site once occupied by the Stardust, has increased to $4.3 billion, which promises to make it the most expensive resort property ever developed in Las Vegas. The Malaysia-based parent company, Genting Group, has upgraded plans, increased capacity, expanded its budget and aims to get into the music residency business when Resorts World opens in 2021. Resorts World Las Vegas will open its doors several months later than planned, but the multibillion-dollar Las Vegas Strip megaresort will have more to show for it when it does. Construction continues on Resorts World Las Vegas.