Resorts World Las Vegas (RWLV) today announced the appointment of Edward Farrell as President of RWLV, effective immediately. As the project’s first President, Mr. Farrell will oversee all development activity on the Las Vegas Strip site and prepare the world-class, integrated resort for operations in 2020.
Mr. Farrell has worked in the casino industry for more than 30 years, beginning his career at MGM Reno while attending the University of Nevada, Reno. Mr. Farrell has held a variety of leadership positions in finance and operations and has worked in Nevada, Mississippi, Connecticut and the New York markets both in commercial and Native American operations. Prior to joining Resorts World, Mr. Farrell was Senior Vice President of Finance for Foxwoods and MGM in Connecticut and was Regional Vice President of Finance for the Mid-South Region of Harrah’s Entertainment.
“Resorts World Las Vegas presents a unique opportunity to bring the Genting Group’s experience in developing and operating Asia’s leading integrated resorts to the United States, offering visitors to Las Vegas a new and compelling reason to stay on the north end of the Strip,” said Mr. Farrell. “I am grateful to KT Lim, the Chairman of the Genting Group, for placing his faith in me to execute his vision and deliver a once-in-a-lifetime project that Las Vegas and Nevada can be extraordinarily proud of.”
Unfortunately, the project will be delayed one more year, with an Opening of 2020 instead of 2019 — because of a new design that will focus on younger gamblers.
“The initial drawing had a lot of traditional, older Chinese architecture and elements that were within it,” said Farrell,”The company has really taken a look at the market in Las Vegas throughout the past couple of years, and it has really shifted to something that’s much more modern.”
“There were a lot of stops and starts with this project, some redesigns, but from the dialogue we had this morning, I’m very convinced that they’ve got a plan moving forward, and they are committed to a specific timeframe,” said Clark County commission chairman Steve Sisolak.
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