![]() ![]() Yee Fun Wong, chief financial officer for Malaysia-based Genting Berhad, which developed and owns Resorts World, told the control board that the Las Vegas property contributed $352 million in revenue and $54 million in cash flow to the company’s balance sheet over the last half of 2021. ![]() ![]() In a presentation to the Gaming Control Board Wednesday, Resorts World Las Vegas President Scott Sibella said COVID-19 restrictions and delays in opening several of the property’s entertainment venues slowed the Strip resort’s progress following a grand opening celebration on June 24, followed by a busy July 4th holiday weekend. Just three months shy of its one-year anniversary, Resorts World Las Vegas hit 75 percent of its cash flow projections during 2021 and is making plans for a second phase of the $4.3 billion, 3,500-room Strip hotel and casino. ![]()
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