Saturday, December 7, 2024

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Wynn Al Marjan structure more than halfway there, schedule on track for $5.1B IR

The $5.1 billion Wynn Al Marjan project, set to be the UAE’s first integrated resort featuring a casino, is well underway, with 55 percent of the structural concrete now complete and a new floor being added each week.

IAGR appoints CEO of UAE gaming regulator as new board member

The International Association of Gaming Regulators (IAGR) has officially announced the addition of four new trustees to its Board, including the CEO of the UAE General Commercial Gaming Regulatory Authority, Kevin Mullally.

Wynn Al Marjan to transform RAK into the world’s 4th major gaming market

Max Tappeiner, president of Wynn Al Marjan Island, believes the resort will elevate Ras Al Khaimah to the status of the fourth major gaming market worldwide.

Aristocrat confirmed as first int’l company to be granted Gaming Related Vendor License for UAE

Aristocrat has confirmed that the company is the first international slot and online technology company to be granted a Gaming-Related Vendor license and is allowed to do business in the United Arab Emirates.

Wynn Al Marjan Island set to open in the first quarter of 2027: Report

Wynn Resorts' luxurious project, Wynn Al Marjan Island in Ras Al Khaimah, is confirmed to open in the first quarter of 2027.

Wynn UAE IR sets to contribute $350M of free cash flow to parent firm: CBRE

Wynn Al Marjan Island is expected to deliver a major boost to Wynn Resorts, contributing over $350 million in free cash flow (FCF) once fully stabilized, according to CBRE.

Daily Asia Gaming eBrief: Wynn Resorts secures gaming license in UAE

Here Comes the Sun. Wynn Resorts has received the UAE’s first commercial gaming license, paving the way for the 2027 opening of its multi-billion dollar Wynn Al Marjan Island resort in Ras Al Khaimah. Meanwhile, in Asia, Macau-based Sanum Investments accuses Laos courts of unlawful pressure in its case against ST Group over the casino Savan Vegas, risking foreign investment. In Macau, the city’s sole Chief Executive candidate advocates for casino residency shows to enhance tourism and ensure competitiveness with neighboring cities.

Wynn Resorts granted gaming license in the UAE

Wynn Resorts, the Las Vegas-based hotel and casino operator, has been granted the UAE’s first commercial gaming operator’s license. The announcement was initially made by Wynn on Friday and subsequently confirmed by the General Commercial Gaming Regulatory Authority.

MGM Resorts has applied for Abu Dhabi gaming license: CEO

MGM Resorts has officially submitted its proposal to the UAE government to operate a casino, says CEO Bill Hornbuckle.

Australia and UAE regulators to attend Rome gaming regulatory conference

Australian and UAE gaming regulators will be present at the International Association of Gaming Regulators (IAGR) conference in Rome from October 21st to 24th.

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