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Genting Rolls Out The Red Carpet For Miami Business Leaders

One of the worlds largest gaming companies is bringing its talents to South Beach. On Thursday, Genting rolled out the red carpet for community and business leader in Miami, and made the announcement on which company will be developing Resorts World Miami.

Genting is one of the most successful global companies when it comes to casino gambling. The resorts that Genting has built over the years have been among the most-world renowned, and they have already purchased the land for one of these resorts in Miami.

When Genting announced last month that they had purchased the location where the Miami Herald currently operates, many immediately started to believe that gambling expansion was in the works in Tallahassee. While lawmakers did not approve gambling expansion this session, Genting, and other major gaming companies, expect that approval to be a technicality in the future.

In the immediate future, Genting has chosen Arquitectonica, a Miami-based firm, to develop Resorts World Miami. Genting paid $236 million for the almost fourteen acres of land, and their plan initially is to add entertainment and commercial facilities, restaurants, shops, and residential towers. The casino plans will go into effect if, and when, lawmakers in Florida approve full-scale casino resorts.

The issue was up for debate briefly this past session, with Governor Rick Scott being linked to Las Vegas Sands CEO Sheldon Adelson. The two flew on Adelson's private jet shortly after Scott won in his gubernatorial election last November. Even with that flight and subsequent conversations, Scott did not persuade legislators to pass regulations for casino resorts.

The Genting Group is no stranger to US politics and the entertainment industry in the country. The parent company of the group that bought the Miami Herald location, The Genting Group has been doing business in the US for over two decades. The company owns half of the popular cruise line, Norwegian, which is based out of South Florida.

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