#Marjan

South China Morning Post

Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance

Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties. The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to LSEG Data & Analytics. Operating revenue came in at…

Travel ・ 08 February 2024

TechRound

How UK Companies are Driving Middle East Gambling Boom

The United Kingdom has long been viewed as the epicentre of the global gambling industry, with its tightly regulated infrastructure the envy of most other nations worldwide. Having established a reputation for trustworthiness, many of the operators who initially launched their businesses in the UK have subsequently expanded into overseas…

Industry ・ 06 October 2023

Vegas Inc

UAE creates federal authority for 'commercial gaming' as casino giants flock to nation

Monday, Sept. 4, 2023 | 10:38 a.m. DUBAI, United Arab Emirates - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news…

Industry ・ 05 September 2023

ABC News

UAE creates federal authority for 'commercial gaming' as casino giants flock to Gulf Arab nation

DUBAI, United Arab Emirates -- The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation. The state-run WAM news agency carried an announcement late…

Industry ・ 04 September 2023

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Times Of Casino

UAE to Get Its First Ever Casino

The United Arab Emirates is set to welcome its first-ever casino, a development that has stirred excitement and anticipation in equal measure. The casino is being built and funded by Wynn Resorts, a leading international hospitality and entertainment company. What makes this development even more significant is that it will be Wynn Resorts'…

Travel ・ 20 March 2023

Business Post

What UAE's First Casino Will Mean For The Region

Dubai's best escape from the city is the fourth largest emirate itself, the opulent Ras Al-Khaimah. There is plenty for everyone to enjoy and experience, from premium wellness centers and adrenaline sports facilities to the national museum that preserves the country's 7000-year-long rich history. Notwithstanding being a delightful home with many…

Travel ・ 23 February 2023

The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz American Gaming Association CEO Bill…

Industry ・ 07 December 2022

Yogonet

Wynn Resorts' UAE casino to be "larger than Wynn Las Vegas"

Hotel and casino operator Wynn Resorts's Chief Executive Craig Scott Billings confirmed the group will open a casino at the luxury resort it is building in the United Arab Emirates (UAE), a first for the Gulf Arab region, where gambling has long been off-limits. The casino, first announced in January, will be located on a man-made island off the…

Travel ・ 06 December 2022

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European Gaming

Wynn Marjan Confirmed As First Casino Resort In UAE

Wynn Resorts, one of the world's largest high-end hotel developers and operators, has issued an official statement confirming that their upcoming resort in Ras Al Khaimah, located in the United Arab Emirates, will contain a gambling establishment. The Chief Executive Officer of Wynn Resorts, Craig Billings, stated that the casino at the new…

Travel ・ 30 November 2022

whatson.ae

Wynn Resort Ras Al Khaimah plans "a bigger casino" than original in Las Vegas

Wynn Resorts have unveiled more details for the brand's upcoming Ras Al Khaimah resort, which will include a casino, according to a recent release. First announced back in January, Wynn Marjan will be the brand's first property the Middle East and will open in 2026. At the time of announcement, it was revealed that the multi-billion dollar resort -…

Travel ・ 11 November 2022

Vegas Slots Online

Wynn Resorts to Develop the First-Ever Casino in the UAE

It looks like casino gambling is coming to the UAE, as a Wynn Resorts project is on the horizon. [Image: Shutterstock.com] The United Arab Emirates (UAE) appears to be close to getting its very first casino. Details of the plan were revealed this week, with Wynn Resorts to lead the project. The company's first-ever beach resort, the casino is…

Travel ・ 10 November 2022

Malta Today

Will the Arab world be next to legalise gambling?

The world of online gaming is undergoing a wave of changes as traditionally hostile markets consider legalisation. There has been much speculation about whether or not certain countries will become more receptive to gambling and sports betting in the near future, with this question set against the backdrop of a rapidly growing eSports industry, the…

Religion ・ 19 October 2022

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Gambling News

Wynn's $2B UAE Casino Resort Offers 'Brand Extension'

A $2 billion integrated casino resort in the United Arab Emirates (UAE) is one of the key priorities for Wynn Resorts as the company seeks to extend its brand worldwide according to Wynn Resorts CEO Craig Billings. Billings, who is now over six months into the position of chief executive officer at the casino resort operator, also discussed company…

Travel ・ 05 July 2022

The Street

New Las Vegas Strip Casino Property Owner Looks to Dubai

Anything can happen on the Las Vegas Strip. That goes for what tourists might do in a place that for years told people that any sins they commit in Sin City "stay in Vegas," but it also goes for the actual properties on the famed stretch of land. MGM Resorts International (MGM) - Get MGM Resorts International Report, for example, owns an Egyptian…

Land-based ・ 09 April 2022

Forbes

Is Gambling On The Cards For The UAE?

The sleepy, often-overlooked emirate of Ras Al Khaimah, in the north of the United Arab Emirates, caused a minor shockwave in January, by announcing a deal with Las Vegas stalwart Wynn Resorts to develop a new multibillion-dollar property. It was not the first time a major casino operator has ventured into the Gulf country, where gambling is…

Travel ・ 07 February 2022

CNBC

Casino giant Wynn to open a 1,000-room resort in UAE emirate introducing legal 'gaming'

DUBAI, United Arab Emirates - American casino developer Wynn Resorts has set its sights on a new market, and one that has never before allowed gambling: the United Arab Emirates. The Nevada-based casino giant on Tuesday announced a multibillion-dollar deal with the UAE emirate of Ras al-Khaimah that will see it open a 1000-room luxury hotel with 10…

Religion ・ 27 January 2022

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Australasian Leisure

UAE’s first casino to open as part of integrated resort in Ras Al Khaimah

As the United Arab Emirates moves to legalise gambling, Wynn Resorts has announced plans for a "multi-billion" dollar integrated resort to be built in Ras Al Khaimah. Wynn Resorts - which in addition to its US properties also operates three casinos in Macau - will team with developer Marjan and RAK Hospitality Holding to develop a 1000-room luxury…

Travel ・ 27 January 2022

Cardschat

PokerStars Hits the Racetrack, UAE to Allow Gambling

PokerStars joining a race car team, the United Arab Emirates allowing casinos, and an intern opportunity for college students at Station Casinos, are some of the news bits CardsChat picked up during another orbit around the poker world over the past week. PokerStars is heading to the race track as part of a multi-year sponsorship deal with Red…

Sports ・ 26 January 2022

Vegas Slots Online

Wynn UAE Deal May Pave the Way for a Gulf State Casino

Wynn Resorts has entered into an agreement to develop a luxury resort in the United Arab Emirates (UAE). Tuesday's announcement stated that there will be a "gaming" area at the multi-billion-dollar resort in Ras Al Khaimah, but it is unclear if this area will have gambling options. None of the involved parties have replied to media questions…

Religion ・ 26 January 2022

Aljazeera

UAE: Ras al-Khaimah inks deal with casino giant Wynn Resorts

Casino giant announces multibillion-dollar deal with the emirate that will see a luxury hotel with a'gaming' area. Hotel and casino operator Wynn Resorts has said it will build a luxury resort in Ras al-Khaimah, the United Arab Emirates, with a "gaming area". On Tuesday, the Nevada-based casino giant announced a multibillion-dollar deal with the…

Travel ・ 26 January 2022

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Wynn to bring gambling to the UAE

The company now plans to build a multi-billion dollar beach resort with gaming facilities at ASl Marjan Island in Ras Al Khaimah, one of the seven emirates making up the country. It will be the first time that legalised gambling has been permitted in the UAE. However, Caesars does have its Caesars Palace Dubai complex that does not have any…

Travel ・ 26 January 2022

Ahram Online

Casino operator to develop 'gaming' resort in UAE

A US-based casino operator on Tuesday announced plans to develop a multi-billion-dollar resort off the coast of the United Arab Emirates, a Muslim state in the Gulf where gambling is prohibited. Wynn Resorts, along with UAE property developer Marjan, said in a statement that an "integrated resort", including "gaming facilities", will be set up on…

Religion ・ 25 January 2022