Wynn Resorts has announced the successful completion of the first phase of construction for its casino resort on the artificial island of Al Marjan in the United Arab Emirates (UAE). Craig Billings, the CEO of Wynn Resorts, stated that the project is on schedule, and the company is now prepared to commence the construction of the hotel tower, a central facility in the overall complex.
The resort, featuring entertainment venues and a casino, is slated to open in the first quarter of 2027, with construction costs estimated at around $3.9 billion. The hotel component will boast 1,500 rooms, a community event center, and a theater. It's important to note that Wynn Resorts holds a 40% stake in the project.
The artificial island of Al Marjan is situated in the Persian Gulf waters, specifically in the Ras al-Khaimah region of the UAE.
