UAE’s first casino resort will have 1,500 rooms.<\/p>\n\n\n\n\n\n\n\n
United Arab Emirates.-\u00a0Wynn Resorts<\/strong>\u00a0is progressing towards the construction phase of the hotel for its United Arab Emirates (UAE) casino resort project, Wynn Al Marjan Island. JP Morgan<\/strong>\u00a0reports that the foundations for the hotel tower and podium are nearing completion.<\/p>\n\n\n\n Scheduled to open in early 2027, Wynn Al Marjan Island is to feature a hotel with 1,500 rooms, an events centre and a theatre, according to previous statements. Wynn is investing 40 per cent of the equity in the project, which is estimated to cost US$3.9bn and is being undertaken in collaboration with local partners.<\/p>\n\n\n\n Craig Billings<\/strong>, CEO of Wynn Resorts, expressed the expectation of obtaining a gaming licence during the company\u2019s second-quarter earnings call. The United Arab Emirates has formed a gambling regulator,\u00a0the General Commercial Gaming Regulatory Authority (GCGRA)<\/a>, which will govern commercial gaming and lotteries. Kevin Mullally, a veteran of US gambling regulation, has been named the GCGRA\u2019s chief executive while Jim Murren has been appointed chairman. However, the UAE has yet to\u00a0legalise casinos<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" UAE’s first casino resort will have 1,500 rooms.<\/p>\n","protected":false},"author":176,"featured_media":20685,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Wynn Resorts is advancing construction on its Wynn Al Marjan Island integrated resort in the UAE, with hotel foundations nearing completion for an early 2027 opening. The US$3.9bn project, 40% equity-funded by Wynn, anticipates securing a gaming licence following the establishment of the General Commercial Gaming Regulatory Authority (GCGRA), despite commercial gaming not yet being formally legalised in the Emirates.","focusai_entities":"Wynn Resorts, JP Morgan, Wynn Al Marjan Island, Craig Billings, General Commercial Gaming Regulatory Authority (GCGRA), Kevin Mullally, Jim Murren","focusai_location":"United Arab Emirates","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GCGRA Licensing Timeline?","query":"What is the anticipated timeline for the General Commercial Gaming Regulatory Authority (GCGRA) to issue the initial commercial gaming licences, and what specific regulatory compliance milestones must Wynn Resorts achieve prior to operational launch?"},{"label":"UAE Gaming Legalisation?","query":"Given the GCGRA's formation, what legislative or executive actions are still required to formally legalise commercial gaming in the UAE, and what is the projected timeframe for these enactments?"}],"footnotes":""},"categories":[157,16334],"tags":[23907,708],"class_list":["post-777013073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-asia-news","tag-land-based-casino","tag-wynn"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777013073"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013073\/revisions"}],"predecessor-version":[{"id":777013108,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013073\/revisions\/777013108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20685"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}