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The Las Vegas Strip’s newest hotel officially opened on June 24: the $4.3 billion Resorts World Las Vegas.
The hotel was developed by Malaysia-based Genting Group and its official opening could not have come at a more fortuitous time as people begin traveling again.
“A brand-new Las Vegas opening like Resorts World can drive increased visitation,” Barry Jonas, managing director of Truist Securities, told Katie Young and Contessa Brewer for CNBC. “As many customers looking to trial the new property also like to visit multiple properties during their stay.”
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