Wynn Al Marjan Island (Arabic: جزيرة وين المرجان) is an under-construction integrated resort developed by Wynn Resorts in Ras Al Khaimah, United Arab Emirates.[3]

Location and features

The new integrated resort will be located on Al Marjan Island, a new development in Ras Al Khaimah.

The property will feature 1,542 hotel rooms, 22 private villas, a 20,900 square metre main casino, 22 restaurants, 15,000 square meters of retail space and 7,500 square meters of convention space.[4][5]

The resort will feature an additional casino on the 22nd floor, which has been described as a “sky gaming casino”. [6]

History

Wynn Resorts secured the very first casino license in the United Arab Emirates in 2024 while Wynn Al Marjan Island was under construction. This will make Wynn Al Marjan Island the first casino resort in the UAE.[7][8] Wynn Resorts stands to have a monopoly on gaming in the UAE for the first several years before other casinos open.[9] Authorities in the UAE have indicated that they have no plans to award additional casino licenses in the immediate future. [10]

By late 2024, construction on the property was progressing quickly. 55% of structural concrete was in place and complete up to the 26th floor. 73% of the guest rooms were also in place. Wynn Resorts expects a topping out by December 2025, with the resort opening in early 2027.[11] Wynn has also acquired an additional 155 acres of land on Al Marjan Island for further development of Wynn Al Marjan Island.[12]

In early 2025, Wynn Resorts acquired the Crown London Aspinalls casino in London from Crown Resorts. The purpose of this acquisition is to bring British gamblers to Wynn Al Marjan Island after it opens. [13]

By February 2025, Wynn Resorts had completed financing for Wynn Al Marjan Island. [14] [15]

See also

References

  1. ^ "Wynn Al Marjan Island | Pressroom : Wynn Resorts Releases New, Updated Images of Wynn Al Marjan Island". press.wynnalmarjan.com.
  2. ^ "GGRAsia – Wynn Al Marjan building structure 55pct complete: promoter".
  3. ^ "Wynn Al Marjan Island | Pressroom". press.wynnalmarjan.com.
  4. ^ "Wynn Resorts Reports Progress on 1,500+ Room Wynn Al Marjan Island Resort Construction". www.hotelnewsresource.com.
  5. ^ "Wynn Al Marjan: All you need to know about UAE's first-ever ultra-luxurious gaming resort - CW Property Middle East". May 6, 2024.
  6. ^ Wynn UAE Could Feature More Casinos Than Expected
  7. ^ "Wynn Resorts granted gaming license in the UAE | AGB".
  8. ^ "UAE's $7 Billion Gaming Jackpot Draws Closer With Wynn License". October 7, 2024 – via www.bloomberg.com.
  9. ^ Wynn Could Have Lengthy UAE Casino Monopoly
  10. ^ Wynn’s Early Lock On The UAE Casino Sector Just Got Tighter
  11. ^ "Wynn Resorts Offers Construction Update of Wynn Al Marjan Island | Business Wire".
  12. ^ Wynn Resorts acquires 155 acres of land on Al Marjan Island with almost half for potential future expansion
  13. ^ Wynn Resorts acquiring high-end London casino
  14. ^ Wynn completes Al Marjan Island resort financing via US$2.4 billion facility, said to be largest hospitality financing transaction in UAE history
  15. ^ Financing for Wynn Al Marjan Island Completed
Allikas: https://en.wikipedia.org/wiki/Wynn_Al_Marjan_Island
No tags for this post.