Wynn confirms September 2027 opening for Al Marjan Island resort after US$600m budget increase
The company said the integrated resort in the UAE will open in September 2027, after raising the project’s budget, with only part of the increase tied to regional conflict.
Wynn Resorts has confirmed that its Wynn Al Marjan Island integrated resort will open in September 2027, giving a firm month for the first time after previously targeting the first quarter of the year.
The update was included in the company’s second-quarter 2026 financial results, released on Tuesday, August 4. It follows an earlier denial by Wynn that any change to the opening date was under consideration, after a Bloomberg report in May suggested a possible delay linked to the regional conflict.
Craig Billings, chief executive of Wynn Resorts, said: “We continue to invest in both growing and diversifying our business with construction at Wynn Al Marjan Island progressing at a rapid pace. Wynn Resorts, alongside our partners in Ras Al Khaimah, are now pleased to announce that Wynn Al Marjan Island, the most exciting integrated resort to be developed in over a decade, will open its doors to guests in September of 2027.”
Wynn Resorts CEO adedd that the company is raising the total project budget by around US$600m, taking the estimated cost to roughly US$5.7bn. He said approximately half of the increase is directly attributable to disruption from the regional conflict, including higher material and shipping insurance costs that required some equipment to be resourced or rerouted. The remaining portion, he said, reflects remeasurement and trade coordination costs unrelated to the conflict.
During the second quarter, Wynn contributed US$48.1m to the 40 per cent-owned joint venture developing the Ras Al Khaimah property, taking its total cash contribution to the project to US$1.06bn.
He added that Wynn intends to launch the resort as a complete destination, with the hotel, gaming facilities and other amenities opening at the same time.
Addressing concerns over geopolitical tensions in the region, Billings said Wynn remains fully committed to the UAE, pointing to a June visit during which he described day-to-day activity in Dubai as healthy. He said the company continues to believe the resort will be the most exciting integrated resort opening globally in over a decade.
The development is expected to become the UAE’s first integrated resort with gaming facilities, featuring a hotel, casino, restaurants, retail and convention space.
