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Wynn says UAE regulator grants gaming licence for Ras Al Khaimah resort

Licences & markets

Wynn Resorts said the UAE’s General Commercial Gaming Regulatory Authority granted a gaming licence to the entity developing Wynn Al Marjan Island in Ras Al Khaimah. The $3.9bn resort is a joint venture involving Wynn affiliates, Marjan and RAK Hospitality Holding, and is expected to open in 2027; Wynn holds a 40% stake.

The licence is a regulatory milestone for Wynn’s resort and may inform companies evaluating gaming opportunities in the UAE.

End-of-day close Wynn Resorts (WYNN), USD, to 19 November 2024
Story date21 August 202419 November 2024

Latest reported results

Wynn Resorts NASDAQ: WYNN

Quarter ended 30 September 2026

Revenue
USD 1.69bn
Operating income
USD 178.2m10-Q filing 0001174922-26-000079

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