With a silhouette that would fit perfectly in the Las Vegas Strip, Wynn Resorts’ newest project for a luxury integrated casino resort continues to steam ahead. The $3.90 billion project will be a first for Wynn in the area, hopefully capitalizing on the growing demand for such services.
The Project Is Proceeding as Planned
Wynn first announced its plans for a new multibillion-dollar integrated resort (IR) in the United Arab Emirates (UAE) in January 2022. The world-leading operator chose the artificial Al Marjan Island in Ras Al Khaimah, which is already a spectacular tourist destination. Its proximity to Dubai was another deciding factor, hopefully drawing in VIP guests from both countries.
So far, the project has progressed without any notable hiccups. Wynn is partnering with local developer Marjan and RAK Hospitality Holding, a hospitality asset owner, and manager, ensuring compliance with the UAE’s strict regulations and requirements. Derek Sands, a senior manager at the casino giant, took on the role of executive vice president for the upcoming report, showcasing Wynn’s dedication to the project.
In March, Wynn selected ALEC Engineering and Contracting as the main contractor for the construction, demonstrating surprisingly swift progress. The operator is optimistic about the project, relying on the increasing demand for luxury gambling and resort destinations in the Middle East North Africa (MENA) region. Considering the planned early 2027 launch and significant progress, construction should soon commence.
The Previews Reveal Wynn’s Signature Thoughtful Design
Wynn’s latest updates regarding the ambitious project revealed the first concept images of the planned casino resort. The sleek hotel tower would look right at home on the Las Vegas Strip, promising a truly one-of-a-kind experience. The 1,500 hotel room venue will include an expansive gaming area, spa, entertainment facilities, a luxurious shopping center, and other top-tier amenities.
Wynn CEO Craig Billings lauded the development team’s efforts to deliver a unique beachside resort experience, expressing hope that new and returning customers would benefit from the company’s decades of experience. He noted that the island was the perfect canvas for Wynn’s rich and thoughtful design, hoping it would exceed expectations.
We have spent the past year meticulously programming and concepting Wynn Al Marjan Island, carefully considering its unique location.
Craig Billings, Wynn Resorts CEO
The $3.90 billion project is a significant investment for Wynn, the largest in the United Arab Emirates hospitality sector. However, Caesars Entertainment’s 2018 foray into the region with its Dubai resort proved the growing demand for luxury tourist destinations in the Middle East. Wynn is working hard to generate suitable hype for its newest project, hopefully paving the way for further opportunities.
