Las Vegas, NV – In a dazzling announcement that is set to reshape the skyline of Las Vegas once again, Global Gaming Ventures has unveiled plans for a new $2 billion casino resort on the famed Las Vegas Strip. This project, named “The Oasis,” aims to bring a fresh wave of luxury accommodations, entertainment, and gaming innovation to the heart of Nevada’s bustling casino corridor.
The proposed resort, which will occupy a prime 30-acre site previously home to the old Riviera, is expected to include a 3,000-room hotel, a state-of-the-art casino floor, multiple dining venues, a sportsbook, a concert arena, and an expansive pool complex with real sand beaches. The Oasis is designed to cater not only to high rollers but also to families, with plans for a massive indoor amusement park featuring the latest in virtual reality gaming.
“The Oasis will set a new standard for what visitors expect from a Las Vegas resort,” said Jonathan Hartley, CEO of Global Gaming Ventures. “We’re blending luxury with technology and adding a dash of the spectacular to ensure each guest experiences something extraordinary.”
This initiative comes at a time when Las Vegas has been witnessing a robust recovery in tourism following the setbacks from the global pandemic. According to recent data, Las Vegas welcomed over 32 million visitors last year, and with restrictions easing globally, this number is only expected to grow.
The Oasis is strategically timed to leverage this resurgence and aims to be a significant player in Las Vegas’ competitive hospitality and gaming markets. Hartley revealed that the resort would also focus heavily on incorporating sustainable technologies, with the goal of obtaining LEED Gold certification. Features like solar panels, energy-efficient HVAC systems, and a water recycling program are planned for this eco-conscious development.
In addition to boosting local tourism, The Oasis is expected to create approximately 8,000 jobs during construction and another 3,000 permanent positions once opened. “We are not just building a casino resort; we are investing in the community and the future of Las Vegas,” Hartley added.
Local reaction to the announcement has been overwhelmingly positive. Las Vegas Mayor Carolyn Goodman expressed her enthusiasm about the project, noting, “The Oasis represents a significant investment in our city’s economic growth and a beacon of innovation in entertainment and gaming.”
Construction is slated to begin in the third quarter of the year with a target opening date sometime in 2025. However, the project is still pending final approvals from the Nevada Gaming Control Board and other regulatory entities.
This bold venture marks the largest individual investment in a casino resort on the Strip since the completion of the $4.3 billion Resorts World Las Vegas last year. As the city continues to expand and evolve, The Oasis is poised to become a cornerstone of the next generation of Las Vegas entertainment and leisure destinations.
Industry experts predict that The Oasis could set off a new wave of developments along the Strip, as other corporations strive to match its level of luxury and innovation. “This project will definitely raise the stakes in the hospitality game in Vegas,” said Helen Molina, a senior analyst at Casino Industry Research Partners.
As the skyline of Las Vegas prepares for its newest addition, all eyes will be on how this grand project will influence the future dynamics of this ever-vibrant city. With its bold vision and high expectations, The Oasis is on a path to becoming not just a place on the map, but a landmark in the annals of casino resort history.
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