'Resort World Las Vegas' in the works

10:35 AM, Mar 5, 2013   |    comments
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By Denise Rosch

LAS VEGAS (KSNV/NBC) - A massive new resort is in the works for the Las Vegas Strip.

The Genting Group, a Malaysian based multinational company, plans to spend $7 billion to build the 3,500 room Asian-themed resort.

The project known as "Resort World Las Vegas" will take over the former Stardust casino site.

The Stardust was closed to make room for a new casino known as "Echelon," but that project stalled and eventually failed.

Genting hopes to break ground later this year.

KSNV/NBC