Real Estate

RAK’s Marjan Island Set to Become World’s Fourth Major Gaming Market

The new Wynn gaming resort that is scheduled to be opened in Ras Al Khaimah Al Marjan Island will have the potential of turning the region into the fourth largest gaming market in the world, said the new president of Wynn Resort Al Marjan, Max Tappeiner. This $2 billion IPO is set to be the first fully-fledged integrated gaming resort in the Middle East North Africa (MENA) to change the perception of luxury and entertainment in the UAE and across the region.

Wynn Al Marjan Island is set to be launched in the first quarter of the year 2027 and on offer are luxuries such as luxury suits, the biggest casino, restaurants and bars, spa, beach-clubs, poolside day club among others. Also, it will contain a large conference area for weddings and business meetings for tourism and business purposes, correspondingly. Tappeiner highlighted that the project should be considered since initially, there are only three large gaming markets in the world.

This exposes the resort to an amazing 96% of the global inhabitants who may reach the resort within a flight of eight hours most of which are within the proximity of Al Marjan Island were 76% of the world’s populace resides. To this end, Tappeiner explained the recreational region’s immense buying power consisting of dedicated tourists and overall affluence that buffered the ever awaited success of the resort.

Wynn Resort is noted for being one of Wynn Resort’s elite revenue earning and five-star operations; Tappeiner gave confidence to the mission and passion for the project. He thus said, “It must be someone very special to create such a building… ‘Our plan is to use this asset to the optimum extent in order to realise the vision,’ said Mr Powar. With construction underway, the Wynn Al Marjan Island entails the alteration of Ras Al Khaimah’s entertainment market.

 

 

Victoria Dickinson

Victoria Dickinson is a seasoned journalist at Dubai.News, specializing in real estate and business news. With over a decade of experience in the industry, Victoria has a keen eye for market trends and an in-depth understanding of the economic factors influencing the real estate sector. Based in Dubai, she provides insightful analysis and comprehensive coverage of the region's dynamic property market, from luxury developments to emerging business hubs. Victoria's background in economics and finance, coupled with her passion for storytelling, allows her to deliver news that is both informative and engaging. Her articles not only inform but also help readers make well-informed decisions in the competitive real estate landscape. Outside of her professional work, Victoria enjoys exploring Dubai’s diverse neighborhoods and attending industry events to stay ahead of the latest developments.

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