Miami Real Estate: New $3 Billion Downtown Miami Resort Announced by Malaysia Casino Developer

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Genting Group, one of the world’s largest international casino developers, has signed a contract with Miami-based  Arquitectonica to design a $3 billion Downtown Miami resort.
The Florida Legislature has still not approved the operation of full-based casinos in the state despite millions of dollars spent by casino-hired lobbyists to change the law over the last 10 years.
Gov. Rick Scott vetoed any casino operations in the state last Thursday.  The Seminole Tribe’s casino operations have always been the exception, especially when the casinos are built and operated on Indian-owned land.
The Herald reports, “This year, Genting, Wynn Resorts and the Las Vegas Sands Corp. hired a stable of lobbyists to push a bill to create a casino selection process that would allow them each a chance to bid on a license to operate an exclusive resort casino in any of five regions of the state.
“The Senate moved the bill through one committee but it failed to pass. Legislators did approve a $400,000 study to look at the economic impact of bringing resort casinos to Florida but Gov. Rick Scott vetoed that” on Thursday, June 16.

Nick Larossi, lobbyist for Las Vegas Sands Corp. in Las Vegas, told The Herald,  “Miami’s the crown jewel for this market — everybody knows that.

About Pamela's Blog

Pamela Diaz-de-Leon With an accomplished background encompassing Diplomacy, Architecture, Business and Film, Pamela Diaz-de-Leon brings to the real estate industry the entrepreneurial expertise which stem from her interdisciplinary experience. Her world wide network of distinguished personalities carefully knitted of relationships formed in her five years as the Cultural Attaché for the Instituto Cervantes, serving the King of Spain, in Chicago, and her Hollywood connections acquired while working with a recognized film distributor, give her the global platform in which she has developed her business with great success. Knowledgeable, informed and organized she holds ethics and integrity as her highest values thus, providing her customers with an excellence of service that ensures their utmost satisfaction and their continued loyalty to her work. Office. 305.677.5055 Cell. 305.720.8439
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