Location: UAE
CBRE: Wynn’s UAE resort could generate almost $1.4 billion in annual GGR
A US$4 billion integrated resort being developed by Wynn Resorts on Al Marjan Island in the United Arab Emirates is seen generating gross... more
Fitch: Wynn’s UAE resort to boost growth and revenue prospects of Ras Al Khaimah
The US$4 billion Wynn Resorts development on Al Marjan Island in the United Arab Emirates will boost the long-term growth prospects and... more
Super Bowl and Lunar New Year drive record Q1 results for Wynn Resorts, as attention turns to UAE, NYC, elsewhere
Wynn Resorts registered an all-time quarterly record for property EBITDAR in the first quarter of 2024, aided by Las Vegas’s first Super... more
MGM credits regional and global reach, digital, and Marriott partnership as contributors to record Q1
MGM Resorts International’s earnings conference call Wednesday was marked by a slight change in presentation. Instead of CEO Bill... more
New wave of casino building spells global opportunities for contractors
For Middle Eastern contractor ALEC, casino construction is a new specialism. Although the engineering and contracting specialist has built... more
Analyst: Wynn Resorts a “compelling” value
In an investor note released today, J.P. Morgan analyst Joseph Greff hailed Wynn Resorts as “one of the more compelling risk-rewards... more
MGM axes casino plans at Dubai mega-resort amid UAE gambling ambiguity
Hospitality giant MGM Resorts International confirmed this week that it will not have a casino in its upcoming Dubai property in a setback... more
F1 boosts Wynn Resorts’s fourth quarter, with Q1 jump expected from Super Bowl
Wynn Resorts set an all-time record for property adjusted earnings in the fourth quarter, bolstered by the Formula One Las Vegas Grand... more
UAE: Casino Countdown conference announces global guest speakers
Casino Countdown, the first Arabian business conference to focus solely on the gaming industry, will take place on Jan. 25, 2024, at the... more
Beijing’s China State Construction Engineering Corporation awarded contract to develop $1.2 billion MGM-linked resort in Dubai
Beijing-based China State Construction Engineering Corporation has been awarded the contract by local developer Wasl to build a $1.2... more
