Wynn UAE Casino Resort Almost 60% Complete

Wynn and its local partners are aiming to have the hotel tower topped off by the end of this year. Wynn Resorts, which runs high-end hotel complexes in Las Vegas, Boston and the Chinese territory of Macau, said the UAE represented its most "exciting market for integrated resort development in decades" in an investors report shared on Tuesday night. A multibillion-dollar mega resort in Ras Al Khaimah planned by a major US hotel operator aims to be a magnet for "ultra high net-worth" customers and attract tourists from across the globe after securing a gaming licence from UAE authorities. The General Commercial Gaming Regulatory Authority, established by Federal Law by Decree and based in Abu Dhabi, holds exclusive authority to regulate, license, and supervise all commercial gaming in the UAE. This may also apply in the UAE, with 21 per cent of female residents showing interest in bingo wagering compared to 12 per cent of men.

"Wynn Resorts thanks the GCGRA for the confidence and trust the licence grant signifies and is proud to be the recipient of the first commercial gaming facility licence in the UAE. With the right facilities, on-site betting could expand to golf, football, and tennis events. The leading source of hotel industry news for lodging, real estate, and investment professionals. Before this step, prize draws had drawn increasing numbers of participants hoping for significant windfalls. Since its formation, the GCGRA has sought to develop a regulatory framework to protect consumers and stakeholders. More information about how to play is expected soon with representatives from the GCGRA stating it was a “pivotal” step for the country.

Live Dealer Games

That includes having the hiring portal open now, which could ensure consumer-facing staff are trained in Wynn culture and methodologies well in advance of opening day. Max Topainer, former COO of Wynn Las Vegas, is moving to the UAE to oversee the venue with Arabian Business reporting that he’ll be joined by 200 other Wynn staffers from around the world. Wynn Resorts’ Wynn Al Marjan Island in the United Arab Emirates (UAE) is making fast progress on the construction with a new report indicating the casino hotel is nearly 60% complete, up from 55% last November. One of the operators at the time said the pause was the result of an “industrywide mandate” that was consistent with the new role to create a well-regulated gaming environment in the country. The regulator's first two licences come months after some operators of the UAE's prize draws were required in January to pause business. In July, regulators in the UAE were awarded a licence for the country’s first authorised lottery.

Marjan Island is a development of four reclaimed islands with more than 7.8km of pristine beaches and 23km of waterfront, in addition to world-class hotels and residential developments. "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 $3.8 billion Wynn Al Marjan Island resort in Ras Al Khaimah will seek to "capture untapped domestic gaming uae betting sites demand" from the UAE's large expatriate community as well as draw in "high-end gaming clientele from abroad", the report states.

• It will be operated by The Game LLC under the banner UAE Lottery and it is expected to offer a diverse range of games.
• Wynn Resorts, which runs high-end hotel complexes in Las Vegas, Boston and the Chinese territory of Macau, said the UAE represented its most "exciting market for integrated resort development in decades" in an investors report shared on Tuesday night.
• The second is a "sky gaming" area on the integrated resort's 22nd floor, which had not been previously announced.
• Those over 45 are nearly twice as likely to be interested in raffles and prize draws (62 per cent) than 18–24-year-olds (34 per cent).

Casino.org’s New Year’s Eve Guide to Las Vegas

It will be operated by The Game LLC under the banner UAE Lottery and it is expected to offer a diverse range of games. The resort, which will have views of the Arabian Gulf, is a hotel and casino with 1,500 rooms, suites and villas, as well as two dozen restaurants, a spa, an event centre and a theatre. The hotel developer and operator said the gaming licence issued by the UAE's General Commercial Gaming Regulatory Authority related to its property in Ras Al Khaimah. Though unlikely to ever rival Las Vegas or Macau, the UAE could become one of the largest casino markets in the world when it fully ramps up. It’s expected that most, if not all, of the higher-ranking staff of Wynn Al Marjan Island be in the UAE at least six months prior to the casino hotel’s opening to ensure a smooth transition.

The use of the word "gaming" is the same Wiki language used by the equivalent authorities in the US.

Provide your email and indicate your key interests to receive tailored news and exclusive offers prior to the debut of Wynn Al Marjan Island. Wynn Resorts will operate two separate gaming areas in its upcoming Ras Al Khaimah resort, according to a Wynn VP speaking in the emirate Thursday. Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax. “Commercial gaming” refers to “any game of chance, or combination of chance and skill, where an amount of money, in cash or cash equivalents, is wagered – placed as a bet – for the purpose of winning a sum of money or other valuable items”.

Nearly half of respondents expressed interest in raffles and prize draws—something already familiar in the UAE, such as car, gold, and cash giveaways at Dubai airport. To gauge interest in betting, a survey was conducted with YouGov, targeting over 1,000 people in the UAE (1,051 to be precise). All demographics were represented, revealing what kinds of activities people might be most interested in.