HomeNewsUAEWynn reportedly weighs delay to UAE casino resort opening

Wynn reportedly weighs delay to UAE casino resort opening

Wynn Resorts is reportedly considering postponing the opening of its Wynn Al Marjan Island integrated resort in the United Arab Emirates due to construction disruptions linked to the ongoing conflict involving the United States and Iran, according to a Bloomberg report citing a person familiar with the company’s plans.

The $5.1 billion resort, located on Al Marjan Island in the emirate of Ras Al Khaimah, was scheduled to open in the first quarter of 2027, less than one year from its launch. The development is being led by Wynn alongside local partners and is set to become the first casino resort in the region.

Wynn said in mid-March that it had resumed construction in Ras Al Khaimah after a brief suspension. At the time, the company said it was assessing the status of construction materials awaiting delivery and exploring alternative ports for sourcing supplies.

According to Bloomberg, the presence of attack drones and missiles in the area had disrupted work and contributed to weaker tourism demand.

Prior to the recent regional tensions, Wynn had outlined plans to accelerate recruitment for the property ahead of its targeted 2027 opening. The company said Wynn Al Marjan Island aimed to hire around 2,700 employees before launch, with total staffing expected to approach 3,000 by December 2026.

The project forms part of broader entertainment and tourism development efforts in the UAE. Rival operator MGM Resorts International is also developing a hotel project in Dubai.

Speaking during an April 29th earnings call, MGM Chief Executive Officer Bill Hornbuckle said tourism activity in the region had weakened amid geopolitical tensions.

“The tourism business in that particular neck of the world is down to like 15%, give or take,” Hornbuckle said. “I’d say different occupancies are down to that level. So it will take some recovery time no matter what happens here over the next couple of months. But long-term, we remain very excited.”

Wynn is scheduled to report quarterly earnings on Thursday.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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