In an unprecedented move that promises to reshape the iconic Las Vegas Strip, Global Gaming Ventures announced this morning their plans for a multi-billion dollar expansion project. The initiative, dubbed “Neon Oasis,” aims to introduce a new era of luxury and innovation to the heart of Nevada’s world-famous gambling and entertainment district.
Scheduled to break ground in early 2024, the Neon Oasis project is estimated to cost approximately $4.5 billion, making it one of the largest private investments in the history of Las Vegas. According to Global Gaming Ventures, the expansion is set to include a state-of-the-art casino, a five-star hotel with over 3,000 rooms, a convention center, and a cutting-edge interactive sports and entertainment arena.
“Neon Oasis is not just an expansion; it’s a complete reimagining of what Las Vegas can offer,” stated Michael J. Harrows, CEO of Global Gaming Ventures. “We are setting the stage for a future where luxury meets technology, creating a destination that goes beyond gambling and offers a holistic entertainment experience.”
The new casino in the Neon Oasis complex is expected to cover an area of approximately 200,000 square feet and will feature more than 3,000 slot machines and 150 table games, including blackjack, roulette, and poker. In addition, plans reveal an exclusive section dedicated to high rollers, which will provide ultra-luxurious gaming conditions and personalized services.
The hotel component of Neon Oasis is designed to cater to both traditional tourists and a new wave of tech-savvy visitors. Each room will be equipped with advanced environmental controls, high-speed internet, and interactive media centers. The hotel will also feature several rooftop pools, spas, and fine dining restaurants offering panoramic views of the Las Vegas skyline.
A key feature of the project is the interactive sports and entertainment arena, which aims to blend physical and digital experiences in a way that has never been done before in Las Vegas. The arena will have a seating capacity of over 20,000 and will host not only major sports events but also e-sports tournaments and virtual reality experiences.
“The Neon Oasis arena will be the first of its kind, integrating cutting-edge technology to enhance the spectator experience,” explained Harrows. “From live sports to immersive virtual competitions, the arena will be a hub for innovation in entertainment.”
The project also includes plans for a 100,000-square-foot convention center, designed to attract large-scale corporate events, conventions, and exhibitions. This facility aims to boost business tourism in Las Vegas, providing a modern venue equipped with the latest in communication and presentation technology.
The announcement of Neon Oasis comes at a time when Las Vegas has been striving to diversify its tourism and entertainment offerings, moving beyond traditional gambling activities. The city has seen a steady increase in visitors interested in luxury travel, sports events, and unique entertainment options.
Industry experts believe that the Neon Oasis project could create over 10,000 new jobs in the region, significantly boosting the local economy. Additionally, the expansion is expected to attract more international tourists, further solidifying Las Vegas’s position as a global entertainment capital.
Local authorities and business leaders have expressed strong support for the project, highlighting its potential to transform the Las Vegas Strip and create new opportunities for growth and innovation in the region.
As Las Vegas continues to evolve, the Neon Oasis project by Global Gaming Ventures stands out as a bold step towards a future where gambling and entertainment meet luxury and technology, promising to redefine the city’s landscape and appeal.