Worth reading

Resorts World Las Vegas has 40 acres of undeveloped land

The site is located on the northern end of the Las Vegas Strip and is seen as a major opportunity for future development given its size, prime location and the fact that much of the surrounding north Strip has been under-developed historically.

Here are some of the key speculative concepts being floated in the market and in media commentary:

Additional hotel towers / room capacity – Since RWLV is “entitled for up to 10,000 rooms”, one obvious expansion path is the construction of more hotel towers beyond the current room count. (RWLV currently has ~3,500 rooms).

Entertainment / sports arena – In commentary about the north Strip, one of the “game-changer” ideas mentioned is a sports arena (15,000-20,000 seats) that could anchor traffic. RWLV’s land is specifically cited as a potential landing spot for such an arena.

Mixed-use development – Mixed uses such as retail, restaurants, entertainment venues, perhaps office or other non-casino amenities are very likely given the large land holdings.