Wynn Sets September 2027 Opening for UAE Casino Resort

LAS VEGAS: Wynn Resorts expects to open Wynn Al Marjan Island in September 2027, setting a new timetable for the UAE project. The update provides the first specific launch window since Wynn disclosed a modest delay from its earlier early-2027 target.

The date was announced alongside second-quarter results that beat Wall Street expectations, with revenue rising to $1.86 billion. Wynn shares gained approximately 6% in after-hours trading following the results.

September Date Follows Earlier Delay

Wynn had previously expected the resort to open during the first part of 2027. The company maintained that timetable during a March update to Nevada regulators but later said shipping and logistical disruption in the region would cause a modest delay.

The revised September schedule gives the company additional time to complete construction and prepare the property for operations. Wynn has not announced a specific opening day, meaning September 2027 remains a projected launch month rather than a guaranteed date.

Wynn Al Marjan Island is being developed in Ras Al Khaimah through a joint venture involving Wynn affiliates, Marjan and RAK Hospitality Holding. Wynn holds a 40% interest in the project and had contributed approximately $1.06 billion in cash through the end of the second quarter.

The development previously secured a $2.4 billion construction facility from a group of international and regional lenders. The delayed-draw loan is intended to fund construction while allowing the partners to access capital as project costs arise.

The UAE’s General Commercial Gaming Regulatory Authority lists Island 3 AMI FZ-LLC, doing business as Wynn Al Marjan, as its land-based gaming facility licensee. The license was issued in October 2024 and was the country’s first approval for a commercial gaming facility.

Macau Drives Wynn Earnings Beat

Wynn reported adjusted earnings of $1.24 per share for the three months ending June 30. That exceeded the $1.11 average estimate from analysts surveyed by LSEG, while revenue of $1.86 billion surpassed the $1.84 billion forecast.

Operating revenue at Wynn Palace in Macau increased 21% from the previous year to $653.4 million. Wynn’s total quarterly revenue also rose from $1.74 billion a year earlier as demand from premium customers supported its Macau and Las Vegas businesses.

Net income increased to $140.1 million, or $1.32 per diluted share, from $66.2 million, or 64 cents per share, in the corresponding quarter of 2025. Encore Boston Harbor was the main property to record lower revenue during the period.

UAE Resort Becomes Wynn’s Next Major Opening

Wynn Al Marjan Island is planned with more than 1,500 hotel rooms, luxury villas, retail space, convention facilities and over 20 restaurants and lounges. Regulatory filings describe a gaming area of approximately 225,000 square feet, alongside entertainment, nightlife and beachfront amenities.

The resort is expected to become the UAE’s first licensed casino development when it opens. Its launch will also give Wynn entry into a new regulated market beyond its existing operations in Las Vegas, Boston and Macau.

Construction and pre-opening work will remain the principal focus through 2027. The next significant update will be whether Wynn maintains the September schedule as the project moves through final construction, staffing and operational preparations.

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