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Wolfe Research sees Wynn Al Marjan Island exceeding revenue forecasts

Reportedly, Wolfe Research expects Wynn Resorts' planned Wynn Al Marjan Island casino resort in the UAE to generate more gaming revenue than the company forecasts. The investment firm sees up to 60% upside for Wynn shares by the end of 2027 and values Wynn's 40% stake in the development at around $48 per share. Wynn's December 2025 projections put annual gaming revenue at up to $1.66bn and adjusted property EBITDA at $390m to $570m.

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