The UAE has taken a significant step in its tourism and entertainment sector. Recently, it granted its first casino license to Wynn Al Marjan Island, a luxury resort in Ras Al Khaimah. This development is the beginning of a new chapter for the country. It ventures into the world of commercial gaming with the goal of attracting more tourists from around the globe.
A New Era for Ras Al Khaimah
Wynn Al Marjan Island is a multibillion-dollar mega-resort set to open in 2027. Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding. It will occupy 62 hectares on a stunning beachfront island and offer various luxury and entertainment options.
The resort will include 1,542 rooms and suites, with 22 exclusive Villa Estates located near a newly designed marina. Guests can enjoy 22 food and beverage venues and a state-of-the-art theatre for production shows. Additionally, there will be a 15,000-square-meter shopping esplanade featuring high-end boutiques and a spa and salon for relaxation.
For events and celebrations, the property will feature a 7,500-square-meter meeting and events center. It’s complemented by outdoor terraces and lawns, ideal for weddings and other gatherings.
A Game-Changer for UAE Tourism
The UAE’s General Commercial Gaming Regulatory Authority (GCGRA), established in 2023, issued the country’s first gaming license to Wynn Al Marjan Island after a thorough review. This license allows the resort to include a casino, which is a first for the UAE.
Wynn Resorts, known for its world-class properties in Las Vegas, Boston, and Macau, sees this as a groundbreaking opportunity. The resort aims to attract ultra-high-net-worth individuals, both from the UAE’s large expatriate community and international gaming enthusiasts.
The project is expected to create at least 4,000 jobs and significantly boost the local economy by driving foreign investment and tourism. According to Raki Phillips, CEO of the Ras Al Khaimah Tourism Development Authority, the economic impact will be massive. It will make this project a catalyst for the emirate’s growth.
Wynn Al Marjan Island promises to transform Ras Al Khaimah into a global hub for luxury and entertainment. With its breathtaking location, unmatched amenities, and the UAE’s first casino license, the resort is set to become a landmark destination. This development highlights the UAE’s commitment to diversifying its tourism offerings and attracting visitors worldwide. It’s just one of the reasons Dubai has entered the top 5 global city brands.
Needless to say, all this will have a large impact on Dubai’s tourism sector. If you’re looking for a profitable investment bringing a higher ROI than in most cities, you’re in the right place. Contact Glidai Properties today, and let’s find the ideal property for you.