Ahead of the opening of its impressive Resorts World Las Vegas property and prominent casino operator Genting Malaysia Berhad has announced that the venue is to ‘explore future opportunities’ in the world of cryptocurrency via a new partnership with Gemini Trust Company LLC.
The Kuala Lumpur-listed firm used an official press release to declare that the first-of-its-kind alliance with the American digital currency exchange innovator could soon allow guests at the 3,500-room Nevada development to use their ‘crypto wallet to enhance the integrated resort experience’. The company moreover proclaimed that the new union aims to transform the 87-acre facility, which is scheduled to open from June 24, into ‘one of the most crypto-friendly resorts on the Las Vegas Strip’ by giving its guests the ability to enjoy ‘convenience and security’ only provided by Gemini Trust Company LLC.
Scott Sibella, Resorts World Las Vegas President for Genting Malaysia Berhad, used the press release to disclose that his firm will now be looking to create and introduce ‘crypto-friendly services at best-in-class institutional rates across all areas of the integrated resort experience’. He also pronounced that the specific details on just what these will entail are to be ‘finalized and announced in the coming weeks’ but could encompass the utilization of cryptocurrencies such as Ethereum and Bitcoin alongside DeFi tokens.
Read a statement from Sibella…
“As the first ground-up resort development on the Las Vegas Strip in more than a decade, Resorts World Las Vegas is committed to integrating innovative technology conveniences across the resort to enhance the overall guest journey. By partnering with Gemini Trust Company LLC, a leader in cryptocurrency exchange, we are taking another step toward providing progressive guest experience solutions for today’s Las Vegas traveler.”
Being built at a cost of $4.3 billion, Resorts World Las Vegas is set to premiere next month complete with the in-house Las Vegas Hilton, Conrad Las Vegas and Crockfords Las Vegas hotels in addition to a 117,000 sq ft casino featuring a large selection of slots and gaming tables. This will be complemented by a dedicated poker room and a sportsbook as well as 40 food and beverage outlets, some 70,000 sq ft of dedicated retail space, a 5,000-seat theater and 250,000 sq ft of meeting and banqueting areas.
For his part and the Chief Executive Officer for Gemini Trust Company LLC, Tyler Winklevoss, proclaimed that he is ‘incredibly excited’ about the possibility of working alongside the Resorts World Las Vegas team so as to ‘explore integrating crypto into their guest experience’.
Winklevoss’ statement read…
“Whether it’s the ability for their customers to use cryptocurrency at Resorts World Las Vegas or convert dollars into crypto, being one of the first to support crypto is a great way to meet the needs of the next generation of customers and provide a 21st Century experience.”