Wynn Believes First-Ever UAE Casino License Is Imminent

Wynn Resorts believes that the United Arab Emirates (UAE) is very close to getting its first-ever casino gambling resort. The Las Vegas-based casino company already has plans in place to develop a $3.9bn casino resort in the country.

CEO Craig Billings mentioned the intention to launch casino gambling at the Wynn Al Marjan Island property and believes that his company’s license approval is imminent in Ras Al Khaimah. He sees a UAE casino as a very significant growth opportunity, labeling it as “the most exciting gaming market in decades.”

the resort will be open for business in early 2027

If everything goes to plan, the resort will be open for business in early 2027. Wynn is working with local partners on the development and will hold a 40% stake in the resort.  

The location of the property is a big advantage – Billings noted that 95% of the global population will within an eight-hour plane ride of a Wynn Resorts property if and when a UAE casino becomes a reality. It already has resorts in the United States and Macau.

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• Source: https://www.vegasslotsonline.com/news/2023/08/11/wynn-resorts-believes-the-issuance-of-first-ever-uae-casino-license-is-imminent/