The UAE first ever Casino

The Wynn Hotel and The UAE first ever Casino by Ashley Holt Your Property Advisor for Dubai

Arguably the world’s leading independent hotel developer and operator, Wynn Resorts, has announced their latest impressive project – and this time it’s in the UAE. The company recently confirmed they are building a 1000-room mega-resort in Ras Al Khaimah, a move that has sparked seismic excitement throughout the country’s hospitality and tourism sectors. Want to know more about the Wynn Resort Ras Al Khaimah? We’ve compiled all the details that have been made public so far.

ABOUT WYNN RESORT IN RAS AL KHAIMAH

Slated for launch in 2027, the multi-billion-dollar resort will embody imperial splendor, old-school charm and Arabian eccentricity. It will offer a breathtaking array of amenities, facilities and entertainment choices.

WYNN RESORT RAS AL KHAIMAH LOCATION

The resort will be located on RAK’s Marjan Island, a man-made archipelago that stretches 4.5km into the Arabian Gulf. Marjan comprises four islands and has ensured tourists from all over the world now see RAK as an attractive option for a sun-kissed vacation. The Wynn complex, the company’s first global beach resort, is set to further increase Ras Al Khaimah’s allure with potential visitors and investors.

WYNN RESORT RAK DESIGN

Inspired by the natural landscape and architecture of Wynn Resorts, the design of the upcoming resort boasts a slightly curved shape of the beach, which reflects through its podium structure. On the inside, the resort has uber-luxe features, characterized by red and orange hues, flower arrangements and several facilities.

FACILITIES IN WYNN RESORT RAK

The resort will feature over 1,000 tastefully designed rooms, suites and villas, 24 restaurants and lounges, a spacious convention center, a high-end shopping mall, a rejuvenating spa and an array of entertainment facilities. But the aspect of the resort that has garnered the most attention since the announcement is undoubtedly the gaming area.

So, what form will this gaming area take and what will be featured within it? In the next section, we take a look at what we know so far about this intriguing development.

CASINO

As per the latest announcements, Wynn Marjan will include an 18,500 sq.m. casino, which will make it one of the top ten biggest facilities in the world and double the size of its Las Vegas property.

Talking about the development of a gaming zone, Craig Billings, Wynn Resorts CEO said:

“The casino component, where at least for some period of time we will be operating on our own, which makes it quite exciting, is shaping up to be somewhat larger than Wynn Las Vegas, but with numerous pockets of energy and compression.”

This will be the first-ever casino in the UAE. Therefore, Ras Al Khaimah’s authorities are using the US and Singaporean regulations for reference to write a gaming law for the UAE. The license structure and tax rate will also be pretty reasonable.

According to Billings:

“…With the regulatory framework taking shape and a regulator in place, we will be licensed to conduct gaming in Ras Al Khaimah.”

Whilst Wynn and RAK tourism chiefs haven’t yet revealed the exact form and features of the gaming area, a spokesperson for Marjan acknowledged that the gaming zone will be an enlivening source of entertainment for guests, in compliance with the UAE’s cultural traditions:

“Gaming is a responsible form of entertainment and leisure tourism that takes into consideration community, cultural and social norms.”

Wynn’s new resort will perhaps be the test case for a whole new aspect of tourism in the UAE… Following this development in Ras AL Khaimah, it opens up a whole range of opportunities for investors For commercial, residential and retail spaces at a very good entry price with the possibility of explosive growth.

By

Ashley Holt, UAE RE Specialist

(Sales Consultant M: +971542173887 Huspy) ( 90210 RE Global UAE Division )