A giant roll of the dice: A “mega-raft to float Las Vegas”
Eurasia Resorts International yesterday announced plans to build the world’s "most compelling, must see, play and shop experience in the world" off the Las Vegas Strip.
The plans include six hotels, 39 casinos, a 6-million-square-foot convention center to be operated in cooperation with the Las Vegas Convention and Visitors Bureau, indoor and outdoor theme parks, the world’s largest ferris wheel (800 feet tall), a sports arena with a visitor-participation XTREME Sports World, three PGA-quality golf courses, a mall with 15 million square feet of retail space, and Eurasia nation pavilions featuring native food, products, and entertainment.
Construction will begin by Q3 2014 on the project, whose business model is based on "high-impact mega-projects and partnering with gold-standard specialists to manage and develop each business segment."
At Eurasia Vegas, the non-gaming hotels will be managed by a major hotel organization and the 39 casinos will be operated by local Nevada gaming licensees with a history of success in the Las Vegas market.
"It is our deep hope, sincere belief and high expectation, an expectation bolstered by visitor polls taken in Las Vegas, Cancun and Atlantic City, that the addition of all these missing components to the Las Vegas vacation experience will result in tourists spending two to three extra days here, almost all of them in their existing preferred resort," said Eurasia president John Ray.
"Frankly, we are well aware that the only way we can succeed here is if everyone succeeds. We’re all either going to sink or swim together. By drawing additional tourists to Las Vegas annually, Eurasia is going to be a mega-raft floating the Las Vegas tourism industry to its highest levels ever."
By Cheryl Rosen
Cheryl
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