Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration
business2 days ago
With a Wynn gaming resort coming up on Ras Al Khaimah's Al Marjan Island, the destination is set to become "the fourth major gaming market in the world", the property's president said.
Wynn Al Marjan Island is set to be the first integrated gaming resort in the Middle East North Africa (Mena) region.
Max Tappeiner, the newly appointed president of Wynn Resort Al Marjan, noted the $2 billion project will redefine luxury and entertainment in the UAE and globally. It is set to open in the first quarter of 2027 and will be Wynn Resorts' first gaming destination in the UAE, marking a significant milestone for Ras Al Khaimah.
"With Al Marjan, we're excited for this opportunity," he said during the ‘Future of Ras Al Khaimah Conference’ on Friday, noting: "There are only three major gaming markets in the world right now, and we think this could become the fourth."
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Showing photos of construction progress, Tappeiner explained that Wynn Al Marjan Island will feature unique amenities that will set it apart from other resorts. Construction is on track and it will open to the public in early 2027.
The RAK resort will include luxury suites, a large casino, and various entertainment options, such as top-tier restaurants, bars, spa, and a beachfront day club. It will also have a significant conference centre for weddings and corporate events, drawing leisure and business travellers.
Tappeiner highlighted Wynn Resorts' strong global performance, noting they are top revenue producers and highly rated five-star operators.
Tappeiner pointed out the convenient location of Wynn Al Marjan Island, which allows it to reach a vast population. "With the opening of Wynn Al Marjan, we will be able to touch 96% of the world population within an eight-hour flight," he explained, noting that 76 per cent of the world population will be within that range from Al Marjan itself." He added the area has high spending potential and a concentration of wealth, providing a solid foundation for the resort's success.
“It takes somebody exceptional to build a building like this, somebody who is committed to the absolute best and will not compromise on their vision. We intend to drive this asset as fast as possible to ensure we fulfil the vision,” Tappeiner underscored.
ALSO READ:
Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration
business2 days ago
Indian market regulator sends out advisory cautioning against such actions
business2 days ago
The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said
business2 days ago
Realtor unveils its second project, coming up in Al Furjan
business2 days ago
Mihas@Dubai 2024 showcases country’s halal industry
business3 days ago
Australia’s largest discount pharmacy opens first UAE store
business3 days ago
These updates are in line with Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its subsequent amendments
business3 days ago
Saudi Arabia, UK and US are top choices for UAE entrepreneurs considering potential moves abroad
business3 days ago