Wynn Resorts invests US$114.6m in Al Marjan Island project in Q1 2026
The project is scheduled to open in the first quarter of 2027.
UAE.- Wynn Resorts invested US$114.6m in its Al Marjan Island integrated resort during the first quarter of 2026, according to the company’s latest financial filing.
The investment, covering the three months ended March 31, included US$100.1m in cash contributions to the joint venture, with the remainder comprising project-related costs. Wynn said construction activity continued to progress during the quarter, with the resort on track for its planned 2027 opening.
Wynn Al Marjan Island is being developed in partnership with Marjan and RAK Hospitality Holding in Ras Al Khaimah. The US$5.1bn development is expected to become the UAE’s first integrated resort with gaming facilities, featuring hotel accommodation, entertainment venues, restaurants, retail and meeting space.
The Q1 investment update came alongside Wynn’s first-quarter 2026 financial results, which showed group operating revenues of approximately US$1.7bn.
Wynn says no opening date change announced for Al Marjan Island
In related news, Wynn Resorts has not announced any change to the opening schedule of its Al Marjan Island resort in Ras Al Khaimah, the company told Focus Gaming News.
The statement came in response to a report by Bloomberg, published on May 5, which suggested Wynn was weighing a delay to the project due to the conflict in the region. When contacted by Focus Gaming News, a company spokesperson said: “The company has not made any announcement about a change in the opening date of Wynn Al Marjan Island.”
The project remains scheduled to open in the first quarter of 2027.
