UAE’s Inaugural Gaming Resort Set to Open in 2027 to cost $3.9 Billion

US casino operator Wynn has revealed that the United Arab Emirates (UAE) will witness the opening of its first gaming resort in four years, with an estimated construction cost of $3.9 billion. Wynn Resorts, on its website, stated that the resort, located in Ras Al-Khaimah, one of the UAE’s emirates, will offer exceptional entertainment and […] The post UAE’s Inaugural Gaming Resort Set to Open in 2027 to cost $3.9 Billion appeared first on Economy.pk.

UAE’s Inaugural Gaming Resort Set to Open in 2027 to cost $3.9 Billion

US casino operator Wynn has revealed that the United Arab Emirates (UAE) will witness the opening of its first gaming resort in four years, with an estimated construction cost of $3.9 billion.

Wynn Resorts, on its website, stated that the resort, located in Ras Al-Khaimah, one of the UAE’s emirates, will offer exceptional entertainment and gaming facilities.

While Islamic laws generally prohibit gambling in the oil-rich Gulf state, Ras Al-Khaimah’s tourism development authority introduced a new regulatory body last year to oversee “integrated resorts” that include gaming facilities.

Wynn Resorts announced on Thursday that initial construction work has commenced on Wynn Al Marjan Island, situated on an artificial promontory adorned with hotels. The resort is expected to comprise 1,500 rooms, 24 dining and lounge areas, spa facilities, upscale shopping options, and nightly laser and light shows. The revised opening date is set for early 2027, contrary to the previously announced schedule of 2026.

Renderings of the site, located approximately one hour’s drive from Dubai’s commercial center, showcase a striking brown-gold high-rise overlooking a beach area and circular marina, along with a lavishly designed lobby.

Craig Billings, CEO of Wynn Resorts, expressed meticulous planning and consideration for the unique location of Wynn Al Marjan Island during the past year of programming and conceptualization, according to the statement.

Wynn currently operates casinos in Las Vegas, Boston, and Macau, a Chinese territory in close proximity to Hong Kong.

As the UAE, with a population consisting of 90% foreigners, faces growing competition for talent and tourism from neighboring Saudi Arabia and Qatar, it has implemented a series of liberalizing measures

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