Published
Land-Based

Wynn Resorts and Marjan to develop multibillion-dollar integrated resort

Marjan, RAK Hospitality Holding and Wynn Resorts are to begin working on a multi-billion dollar integrated resort development on the man-made Al Marja Island in Ras Al Khaimah, United Arab Emirates.

almarjan

The opening is scheduled for 2026 and will be the first beach resort for Wynn Resorts.

It could be completely unrelated, but recent reports suggest Wynn Resorts plans to sell its online sports betting business. If it is related, perhaps the operator is giving up on the lucrative online sports wagering market to focus instead on even more lucrative integrated resorts.

Al Marjan Island is already a leading tourism location and sits only 15 minutes from Ras Al Khaimah International Airport, as well as 45 minutes from Dubai International Airport. It comprises four islands, regular visitors, and over 7.8km of beaches.

This new destination intends to feature a luxury hotel offering more than 1,000 rooms, shopping facilities, a state-of-the-art meeting and convention area, a spa, more than ten restaurants and lounges, entertainment options, a gaming area plus much more.  

As the largest project of its kind in the Emirates' hospitality sector, it is believed substantial value will be added to the local economy by increasing tourism, and the development and demand for greater job opportunities. 

Abdullah Al Abdooli, CEO of Marjan, said: "We are partnering with Wynn Resorts, one of the world's most renowned integrated resort companies, which has a strong track record of developing luxury destinations with exceptional accommodation, dining, entertainment concepts and gaming facilities.

"By leveraging Wynn Resorts' expertise in developing luxury hospitality destinations, the new development will raise the benchmark in luxury hospitality in the region. It will also create exceptional value to the Ras Al Khaimah economy and boost the leisure, business, and MICE tourism sectors." 

The new resort is in the initial stages of design and development, and will be applying for an integrated resort licence from Ras Al Khaimah Tourism Development Authority.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Executive Profiles
The Rank Group
Flutter Entertainment
Wynn Al Marjan Island
Kindred Group

Facing Facts: Looking back on how Asian operators fared in Q4 2022

Gambling Insider takes a closer look at various facts and fi...

GBGC Data: How betting has changed in the US and Europe over the years

Global Betting & Gaming Consultants (GBGC), the global gamin...

Taking Stock: How did Asian operators share prices fare over the last six months?

MGM China, Melco Resorts & Entertainment, Sands China and Wy...

AI in the gambling industry: Evolving or deskilling?

With expert industry insight from suppliers OPTX and Sportra...

Read Magazine