Wynn Resorts has set aside land alongside its Ras Al Khaimah integrated resort development for the possible construction of a second IR – and may consider a listing for its UAE entities – according to Arabian Gulf Business Insight (AGBI).
The local media outlet cites information contained in a shareholders’ agreement dated June 2024 and made public via the US Securities and Exchange Commission earlier this year.
While the current US$5.1 billion Wynn Al Marjan Island project is slated to open in 2027, AGBI says the agreement mentioned a “second integrated resort plot” alongside various other plots that form part of a broader masterplan.