Wynn’s UAE casino set for 2026

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Wynn Resorts Granted Extension for Third Las Vegas Project

In late 2017, Wynn Resorts purchased 38 acres of land across the street from its current Wynn Las Vegas casino for $336 million. During Wynn's fourth-quarter earnings call in early 2018, the company revealed plans to build a new casino and resort. Multiple expansion plans for Wynn in Las Vegas were paused shortly after the purchase. The land…

Travel ・ 21 June 2024

Top US Casinos

Wynn Resorts Granted Extension for Las Vegas Project

In late 2017, Wynn Resorts purchased 38 acres of land across the street from its current Wynn Las Vegas casino for $336 million. During Wynn's fourth-quarter earnings call in early 2018, the company revealed plans to build a new casino and resort. Multiple expansion plans for Wynn in Las Vegas were paused shortly after the purchase. The land…

Travel ・ 20 June 2024

Belfast Telegraph

Dubai may become ‘Las Vegas of the Middle East’

Travel ・ 05 September 2023

Vegas Inc

UAE creates federal authority for 'commercial gaming' as casino giants flock to nation

Monday, Sept. 4, 2023 | 10:38 a.m. DUBAI, United Arab Emirates - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news…

Industry ・ 05 September 2023

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UAE creates federal authority for 'commercial gaming' as casino giants flock to Gulf Arab nation

DUBAI, United Arab Emirates (AP) - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news agency carried an announcement late…

Industry ・ 04 September 2023

The Motley Fool

Better Buy: Wynn Resorts or Las Vegas Sands Stock?

The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do casino stock investors. Here, I'll compare two American casino companies with properties…

Industry ・ 19 March 2023

Business Post

What UAE's First Casino Will Mean For The Region

Dubai's best escape from the city is the fourth largest emirate itself, the opulent Ras Al-Khaimah. There is plenty for everyone to enjoy and experience, from premium wellness centers and adrenaline sports facilities to the national museum that preserves the country's 7000-year-long rich history. Notwithstanding being a delightful home with many…

Travel ・ 23 February 2023

European Gaming

Dubai Authorities: The Emirate Won’t Legalize Gambling

Unfortunately for all gambling lovers, Dubai senior tourism official Issam Kazim stated that legalizing gambling in Dubai isn't something the Emirate has in its foreseeing plans. This statement follows after months of speculations in the public that the United Arab Emirates would be considering opening up to gambling to compete against Saudi…

Travel ・ 31 December 2022

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Wynn Marjan Confirmed As First Casino Resort In UAE

Wynn Resorts, one of the world's largest high-end hotel developers and operators, has issued an official statement confirming that their upcoming resort in Ras Al Khaimah, located in the United Arab Emirates, will contain a gambling establishment. The Chief Executive Officer of Wynn Resorts, Craig Billings, stated that the casino at the new…

Travel ・ 30 November 2022

Alarabiya News

Wynn Resorts to open Gulf Arab region’s first casino in UAE’s Ras Al Khaimah

Hotel and casino operator Wynn Resorts will open a casino at the luxury resort it is building in the United Arab Emirates (UAE), Chief Executive Craig Scott Billings said, a first for the Gulf Arab region, where gambling has long been off-limits. The casino would mark a watershed moment for the Gulf, a region that has traditionally imposed stricter…

Travel ・ 12 November 2022

World Casino News

Wynn Resorts in United Arab Emirates building new resort and casino

Wynn Resorts, a popular hotel and casino operator, is expanding to the United Arab Emirates. Craig Scott Billings, the company's Chief Executive, confirmed that the casino would be placed at the luxury resort in the building in the Gulf Arab region. What is interesting is the fact that in this region, gambling was prohibited for a long time.…

Travel ・ 11 November 2022

Yogonet

Wynn Resorts' UAE casino to be "larger than Wynn Las Vegas"

Hotel and casino operator Wynn Resorts's Chief Executive Craig Scott Billings confirmed the group will open a casino at the luxury resort it is building in the United Arab Emirates (UAE), a first for the Gulf Arab region, where gambling has long been off-limits. The casino, first announced in January, will be located on a man-made island off the…

Travel ・ 11 November 2022

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Wynn Resorts to Develop the First-Ever Casino in the UAE

It looks like casino gambling is coming to the UAE, as a Wynn Resorts project is on the horizon. [Image: Shutterstock.com] The United Arab Emirates (UAE) appears to be close to getting its very first casino. Details of the plan were revealed this week, with Wynn Resorts to lead the project. The company's first-ever beach resort, the casino is…

Travel ・ 10 November 2022

whatson.ae

Wynn Resort Ras Al Khaimah plans "a bigger casino" than original in Las Vegas

Wynn Resorts have unveiled more details for the brand's upcoming Ras Al Khaimah resort, which will include a casino, according to a recent release. First announced back in January, Wynn Marjan will be the brand's first property the Middle East and will open in 2026. At the time of announcement, it was revealed that the multi-billion dollar resort -…

Travel ・ 11 November 2022

Review Journal

Wynn Resorts partners with New York land developer Related Companies on casino resort license

Wynn Resorts Ltd. is partnering with a New York real estate company to pursue one of three new downstate casino licenses in a Manhattan neighborhood. Related Cos. and Wynn announced the agreement Thursday to develop a casino, resort and entertainment area near the Javits Center on the western side of the Hudson Yards, near the Hudson River. The…

Travel ・ 17 September 2022

Vegas Slots Online

Wynn, Related Bid for New Casino in Midtown Manhattan

Two giants of contrasting industries are teaming up to bid for a new Las Vegas-style casino in New York City at a location previously considered for new Jets and Yankees stadiums. bidding for a casino license in Midtown Manhattan On Thursday, New York-based real estate developer the Related Companies and Wynn Resorts revealed they are bidding for a…

Travel ・ 16 September 2022

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Wynn's $2B UAE Casino Resort Offers 'Brand Extension'

A $2 billion integrated casino resort in the United Arab Emirates (UAE) is one of the key priorities for Wynn Resorts as the company seeks to extend its brand worldwide according to Wynn Resorts CEO Craig Billings. Billings, who is now over six months into the position of chief executive officer at the casino resort operator, also discussed company…

Travel ・ 05 July 2022

The Street

Wynn Has to Spend a Lot of Money to Stay Relevant in Las Vegas

Different locales call for different strategies in the casino business. When Macau was the buzzing international growth market as recently as 2019, most American casinos sold investors on their plans to expand in China. But a couple of years of pandemic lockdowns, and uncertainty about gambling licenses amid a crackdown on corruption in the…

Travel ・ 28 March 2022

Review Journal

Wynn selling real estate in Boston, not Las Vegas

After unveiling a lucrative deal to sell its Boston-area casino and rent it back, Wynn Resorts' boss put the kibosh on doing the same in Las Vegas. Wynn CEO Craig Billings said during an earnings call this week that Las Vegas is "very different" from regional casino markets, and the "need for continuous and sizable reinvestment in order to stay…

Land-based ・ 19 February 2022

The Boston Globe

Wynn Resorts cashes in on Everett casino in $1.7 billion deal

Wynn Resorts is selling off its Encore Boston Harbor casino property in Everett, though patrons shouldn't notice any difference at all. On Tuesday, Wynn announced a $1.7 billion sale to Realty Income, a large real estate investment trust, and aims to use the proceeds, in part, to help fund development plans across Broadway from the casino. But no,…

Travel ・ 18 February 2022

Vegas Slots Online

Wynn UAE Deal May Pave the Way for a Gulf State Casino

Wynn Resorts has entered into an agreement to develop a luxury resort in the United Arab Emirates (UAE). Tuesday's announcement stated that there will be a "gaming" area at the multi-billion-dollar resort in Ras Al Khaimah, but it is unclear if this area will have gambling options. None of the involved parties have replied to media questions…

Religion ・ 26 January 2022