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Follow on Google News | Confidence in Las Vegas Market with purchase of Echelon PropertyEchelon, an 87 acre property on the Las Vegas strip with a partially built casino has been sold by Boyd Gaming to Genting Bhd. out of Kuala Lumpur. The brand Resorts World Casino will develop the property.
By: Stardust Realty Steven Khalilzadegan 702-810-6039 No financial details about the tranaction have been released yet. Genting, formed in 1965, has interests in five publicly traded companies with a combined market value of 46 billion. World Casino has casinos around the world including the lucrative New York Race Track casino which was the countries top slot revenue producer, with a take of $638 million last year. Genting plans to lure the Asian gambler to Vegas with its World Casino brand well known in Singapore. Also in the works on the North Las Vegas Strip is the remodeling of the Sahara Hotel, a 400 million project. Recently, the City Center, Veer Towers Condo Towers were sold to a New York investment firm, which immediately started a new sales strategy for its luxury high rise condos and is placing numerous units under contract. If you are thinking about investing in a Las Vegas High Rise Condo or Luxury Home call Steven Khalilzadegan of Stardust Realty a local licensed agent at 702-810-6039 or see his web site http://www.Lasvegashighrisecondoliving.com and browse through the available listings in the MLS today! If you would like to send me an email http://www.info@ End
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