The US-based casino operator Wynn has recently revealed about the first ever gaming resort in the United Arab Emirates (UAE) that is planned to be completed in four years and will cost around $3.9 billion.
The company already operates gaming resorts in Las Vegas, Boston, and Macau and is considered one of the biggest operators worldwide. The plan was made previously and has now been finalized.
The official website for Wynn claims that the resort will be located in Ras Al-Khaimah and will offer exceptional entertainment and gaming amenities. The company has avoided using the word gambling as according to Islamic beliefs, gambling is strictly prohibited.
Wynn Resorts on Thursday revealed that the construction work for the resort has started on Wynn Al Marjan Island, which is located off Ras Al-Khaimah, one of the seven emirates.
The casino operator announced a change in opening date from 2026 to early 2027 for the resort, that is planned to have 1,500 rooms, 24 dining and bar spaces, spa services, “high end” shops, and nightly laser and light displays.
CEO of Wynn Resorts, Craig Billings said, “We have spent the past year meticulously programming and concepting Wynn Al Marjan Island, carefully considering its unique location.”
The move from the UAE is also quite understandable, as they also need to keep up with the competition from neighbours in this rapidly growing world. Saudi Arabia has already started investing into the gaming and esports markets.
Recently, Saudi have planned to spend around $38 billion on working towards making the countries a gaming hub. The company has also acquired some of the prominent esports hubs, ESL and FaceIt. Additionally, the company has also organized several big esports tournament to lift local talent.