Intentar ORO - Gratis

Wynn's Big Bet: Why Wynn Al Marjan Island, UAE's First Casino, is Being Built on Ras Al Khaimah

Business Today Sri Lanka

|

December 2025

When global executives evaluate transformative bets, Wynn Resorts' move into the UAE stands out as one of the boldest strategic plays of the decade.

- Imara De Chickera.

Wynn's Big Bet: Why Wynn Al Marjan Island, UAE's First Casino, is Being Built on Ras Al Khaimah

Long associated with Las Vegas grandeur and the high-stakes energy of Macau, Wynn is now reshaping the Gulf's tourism landscape with a USD 5.1 billion integrated resort on Al Marjan Island in Ras Al Khaimah, the UAE's first venture into commercial gaming. At the center of this ambitious undertaking is Craig Billings, CEO of Wynn Resorts, whose confident leadership reflects a commitment to scale, global reach, and market-defining strategy.

Billings effectively captures the company's philosophy. Wynn does not pursue modest or incremental opportunities. It builds destinations that redefine markets.

Al Marjan Island, a man-made archipelago developed over more than a decade, offers exactly the type of blank canvas the company seeks. It is positioned outside the overexposed zones of Dubai and Abu Dhabi, yet close enough to benefit from their infrastructure, international airlift, and regional connectivity. For Wynn, the value of this location extends beyond its geography.

imageBillings notes that when the resort opens, 95 per cent of the world's population will be within an eight-hour flight of a Wynn property. This level of global access is unmatched by any other integrated resort operator.

The resort now rising on the island aims to reset expectations for luxury and experiential hospitality in the Middle East. Scheduled to open in 2027, the development will feature approximately 1,500 rooms, a private beach, a theatre, 22 restaurants, extensive retail offerings, multiple swimming pools, landscaped promenades, and a spa that blends coastal calm with upscale sophistication.

image

MÁS HISTORIAS DE Business Today Sri Lanka

Business Today Sri Lanka

Business Today Sri Lanka

BOC reports strong 3Q 2025 profit of 87.7 billion rupees strengthening its market position

Bank of Ceylon (BOC) reported exceptional financial performance for the first nine months of 2025, underscoring its strength, stability, and strategic importance within Sri Lanka's financial landscape.

time to read

2 mins

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

BOC partners with World Marketing Forum 2025 as the official banking partner

The Bank of Ceylon served as the official Banking partner for the World Marketing Forum 2025, organized by the Sri Lanka Institute of Marketing (SLIM).

time to read

1 min

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

HNB powers "Moods of Christmas" at Cinnamon Grand Colombo

HNB has teamed up with Cinnamon Grand Colombo and Soul Sounds to present the \"Moods of Christmas\" concert on December 21, 2025, at The Atrium.

time to read

1 min

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

People's Leasing strengthens opens its 112th branch in Dematagoda

People's Leasing and Finance has expanded its branch network with the opening of its 112th branch in Dematagoda, located on Danister De Silva Mawatha, Colombo 9.

time to read

1 min

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

BOC strengthens leasing portfolio through strategic partnership with Brown and Company

The Bank of Ceylon (BOC) entered into a strategic partnership with Brown and Company to further enhance its customer offering and strengthen its footprint in the vehicle leasing sector.

time to read

1 min

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

HNB as the principal sponsor of the Northern Investment Summit 2026

HNB has partnered with The Management Club (TMC) as the Principal Sponsor and Official Banking Partner of the Northern Investment Summit 2026 (NIS26).

time to read

1 mins

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

Accelerating ahead: DFCC Bank sustains growth momentum in Q3-2025

DFCC Bank delivered a strong performance for the period ended September 30, 2025, underscoring its financial resilience and the success of its strategic initiatives.

time to read

2 mins

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

Wynn's Big Bet: Why Wynn Al Marjan Island, UAE's First Casino, is Being Built on Ras Al Khaimah

When global executives evaluate transformative bets, Wynn Resorts' move into the UAE stands out as one of the boldest strategic plays of the decade.

time to read

4 mins

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

Pan Asia Bank fosters sustainable SME development promoting financial inclusion

Pan Asia Bank collaborated with the National Chamber of Commerce of Sri Lanka and the District Chamber of Commerce, Industry and Agriculture of Wennappuwa (DCCIA) to hold an awareness program.

time to read

1 min

December 2025

Business Today Sri Lanka

Business Today Sri Lanka

NDB records strong profit growth in first nine months of 2025

National Development Bank (NDB) released its financial results for the nine months ending September 30, 2025, demonstrating strong profitability and broad-based operational growth.

time to read

2 mins

December 2025

Listen

Translate

Share

-
+

Change font size