Wynn Resorts to outline plans after getting UAE gaming license
The UAE has long been seen as a potential regional gaming center because of its oil wealth, high-net-worth residents and recognition as a tourism hotspot
Wynn Resorts will spell out its plans in Las Vegas tomorrow for the UAE’s first gaming location, offering a progress report on the $3.9 billion venture that is under construction and set to open in 2027.
The briefing for investors follows the granting to Wynn last week of a commercial gaming operator’s license by the General Commercial Gaming Regulatory Authority for its Al Marjan Island hotel and casino resort off the coast of Ras Al Khaimah.
The UAE has long been seen as a potential regional gaming center because of its oil wealth, its growing number of high-net-worth residents and its recognition of one of the Middle East’s top tourist destinations.
MGM Resorts International said last month that it had applied for a gaming license for a property it’s building in Abu Dhabi.