Location: UAE
Fitch upgrades Light & Wonder rating to “positive”
Analysts at Fitch are praising Light & Wonder’s approach to its diversification across land-based and online content, expecting the... more
UAE officials tour Nevada as Wynn project advances
The group from the emirate where Wynn Resorts is building a $5.7B hotel-casino touted Ras Al Khaimah as a “growing business hub” and was... more
Barry Diller’s People Inc. drops MGM Resorts takeover bid
Barry Diller’s People Inc. has withdrawn a bid to acquire the outstanding shares of MGM Resorts International, but still believes the... more
Seven arrested in UAE-Sweden crackdown on $7.1 million crypto laundering network tied to contract killings
Authorities in the United Arab Emirates and Sweden have arrested seven individuals connected to an international money laundering operation... more
Las Vegas recovery slowing, analyst says
It’s a difficult time for gaming stocks, according to J.P. Morgan analyst Daniel Politzer in an investor note released on Tuesday. “Las... more
Ras Al Khaimah, home to Wynn’s US$5.7 billion UAE resort, sees international visitation and hotel occupancy plummet in first half on war impact
International visitation to Ras Al Khaimah – home to Wynn Resorts’ US$5.7 billion Wynn Al Marjan Island integrated resort development –... more
CBRE: Wynn’s equity contribution to UAE project could reach US$1.71 billion after cost increase
The revised timeline and cost schedule for Wynn Resorts’ UAE integrated resort project Wynn Al Marjan Island will see the company’s equity... more
Wynn Resorts pushes back opening of UAE resort to Sept. 2027, increases budget by $600M
Wynn Resorts announced that the opening of its $5 billion-plus Wynn Al Marjan Island casino resort in the United Arab Emirates has been... more
Dubai-based airline Emirates launches crypto payment for UAE customers
UAE-based airline Emirates has announced a partnership with Crypto.com that will allow for UAE residents with an account on the site to pay... more
Wynn joint venture breaks ground on luxury hotel and residential project located alongside Wynn Al Marjan Island
Wynn’s local joint venture partnership in the UAE has broken ground on a new luxury hotel and residency estate located alongside its US$5.1... more
