Gaming revenues at Wynn’s US$5.1 billion UAE integrated resort development could account for as much as 89% of resort-wide revenue, according to information contained in an investor presentation released overnight. The company has also flagged a low average length of stay of visitors to Wynn Al Marjan Island of just 1.2 days – similar to length of stay seen in the Asian gaming hub of Macau.
The latest investor presentation coincided with an Analyst and Investor UAE Market Tour this week, which included a visit to the Wynn Al Marjan Island site.
According to financial information contained within the presentation, gross gaming revenue at the IR is forecast to reach at least US$1 billion annually in a low case scenario up to US$1.66 billion as the high case.
