Wynn Resorts said it expects Wynn Al Marjan Island in the United Arab Emirates to begin operating in September 2027, later than its original 2026 target. The project is a partnership with Marjan and RAK Hospitality Holding; Wynn said the delay relates to circumstances affecting the project schedule.
The revised timeline changes the expected opening date for Wynn’s UAE casino resort and its commercial partners.
Quarter ended 30 September 2026
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Massachusetts collected just over $11.5m in taxes from Encore Boston Harbor in September 2026, down from $14.8m a year earlier. The Massachusetts Gaming Commission called for a resolution to a labour dispute involving about 1,350 striking employees. The casino reported $46.1m in gaming revenue for the month, down more than 22% year on year.
Regulators in Massachusetts want the standoff between Encore Boston Harbor and its striking staff brought to an end. The push from the Massachusetts Gaming Commission followed a September tax payment from the casino that was its smallest in over five and a half years. Roughly 1,350 employees were on strike over pay and benefits at the time of the drop.
Wynn Resorts said it had made a proposal to the unions representing workers at Encore Boston Harbor in September and was awaiting their response. Teamsters Local 25 and UNITE HERE Local 26 said the offer fell short of their demands; the report said 1,300 workers remained on strike as the stoppage approached its 50th day.
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.
Wolfe Research expects Wynn Al Marjan Island, Wynn Resorts' planned casino resort in the United Arab Emirates, to generate more gaming revenue than the company's current forecasts, the investment firm said. Analyst Peter Supino made the assessment as Wynn Resorts shares were down about 37% year-to-date in 2026, and Wolfe Research sees the stock rising by as much as 60% by the end of 2027.
Reportedly, the chief executives of Wynn Resorts, MGM Resorts International and Caesars Entertainment reaffirmed Las Vegas's central role in US gambling at G2E on Tuesday. The speakers included Wynn Resorts chief executive Craig Billings, MGM Resorts International chief executive Bill Hornbuckle and Caesars Entertainment chief executive Tom Reeg.
Analysts at Truist Securities, J.P. Morgan, Texas Capital Securities and Jefferies issued views on gambling markets and companies in September. J.P. Morgan’s Dan Politzer cited New York Gaming Commission data for the week to 13 September 2026, reporting online sports betting gross gaming revenue down 70% year on year and handle up 11%, with a 2.9% hold. The other notes covered Las Vegas, Inspired Entertainment and Churchill Downs.