Wynn Resorts said Friday that the joint venture entity through which it is developing a US$4 billion integrated resort in the United Arab Emirates has been granted a Commercial Gaming Facility Operator license by the General Commercial Gaming Regulatory Authority (GCGRA).
The joint venture, involving Wynn, local property developer Marjan and RAK Hospitality Holding, is slated to open Wynn Al Marjan Island in Ras Al Khaimah by early 2027.
In a statement, Wynn said it had been issued a license following a “diligent and extensive review” by the GCGRA.
“Wynn Resorts thanks the GCGRA for the confidence and trust the license grant signifies and is proud to be the recipient of the first commercial gaming facility license in the UAE,” the company said.
“We are underway with the construction of our resort in Ras Al Khaimah and look forward to being a key partner in the development of its tourism economy.”
The CGRA had yet to issue any information about the issuance of a license at time of publication, although it recently named the recipient of the UAE’s first lottery license and has been widely reported to have been putting together comprehensive gaming regulations.
Wynn, meanwhile, has stated that Wynn Al Marjan Island will once complete offer 1,500 rooms, suites and villas, the UAE’s first casino, 24 dining and lounge experiences, a spa and wellness experiences, a high-end shopping esplanade, a state-of-the-art events center, a theater hosting a unique production show, and more.
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