UAE Issues First Casino Gaming Licence to Wynn Resorts

Wynn Casino Resort

Wynn Resorts made history in the United Arab Emirates (UAE) on October 4, 2024, by obtaining the country’s first commercial land-based casino gaming license. The General Commercial Gaming Regulatory Authority (GCGRA) granted Wynn this license, marking a significant milestone for the UAE’s gaming and hospitality industries.

Wynn Al Marjan Island Resort Underway

Wynn Resorts is constructing the Wynn Al Marjan Island Resort in Ras Al Khaimah (RAK), UAE. The project is a joint venture involving Wynn Resorts, Marjan, and RAK Hospitality Holding. The new resort aims to boost tourism and business in RAK, a lesser-known emirate in the UAE.

In a statement released on October 4, Wynn Resorts expressed its excitement about contributing to the region’s tourism economy. The company also thanked the GCGRA for its trust and confidence in awarding the license.

MGM Resorts Competes for UAE License

MGM Resorts, another global leader in luxury hospitality, is also considering entering the UAE market. MGM’s CEO, Bill Hornbuckle, announced during the Skift Global Forum in New York City that the company filed for a license on September 19. MGM’s proposed project would be located in Abu Dhabi, the UAE’s capital.

Features of the Wynn Al Marjan Resort

The Wynn Al Marjan Island Resort is expected to open in 2027. Located 15 minutes from Ras Al Khaimah International Airport and 45 minutes from Dubai International Airport, the resort is strategically positioned for local and international travelers.

The project will include a casino gaming floor, over 1,000 hotel rooms, convention facilities, shopping, and dining options. The resort aims to become a tourism hub for leisure, business, and MICE (Meetings, Incentives, Conferences, and Exhibitions). Wynn Resorts hopes to create a unique guest experience that blends luxury, entertainment, and gaming.

Al Marjan: A Key Location for Tourism

Wynn Resorts CEO Craig Billings describes Al Marjan Island, a man-made island in RAK, as a “pristine setting.” He adds that it’s the ideal location for the company’s next integrated resort, known for offering exceptional guest experiences.

Marjan, the master developer responsible for the region’s tourism and investment strategy, is working closely with Wynn Resorts to make RAK a global destination for luxury tourism. The collaboration is expected to positively impact the local economy and raise the standards of hospitality in the region.

A Partnership to Boost RAK’s Economy

Abdulla Al Abdooli, CEO of Marjan, has shared his enthusiasm for the partnership with Wynn Resorts. He noted that Wynn’s expertise in creating world-class resorts will help elevate RAK as a premier destination for luxury and entertainment.

“We are thrilled to partner with Wynn Resorts, a global leader in integrated resorts. Their track record in creating luxury destinations is outstanding,” Al Abdooli said. He emphasized that the new development will attract tourists and business travelers to RAK, further contributing to the region’s growth.

A New Era for UAE Hospitality

Wynn’s entry into the UAE market represents a significant step forward for the tourism and hospitality sectors. The project is poised to attract global tourists and provide considerable value to the Ras Al Khaimah economy.

With the Wynn Al Marjan Island Resort set to open in 2027, the future looks bright for the UAE’s luxury tourism and entertainment sectors.

Compare listings

Compare
WhatSapp Image