{"id":8660,"date":"2025-02-15T02:39:11","date_gmt":"2025-02-15T02:39:11","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/02\/15\/wynn-resorts-expands-focus-on-al-marjan-and-thailand\/"},"modified":"2025-02-15T02:39:11","modified_gmt":"2025-02-15T02:39:11","slug":"wynn-resorts-expands-focus-on-al-marjan-and-thailand","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/02\/15\/wynn-resorts-expands-focus-on-al-marjan-and-thailand\/","title":{"rendered":"Wynn Resorts Expands Focus on Al Marjan and Thailand"},"content":{"rendered":"<div>\n<p data-start=\"84\" data-end=\"369\">Wynn Resorts Ltd is focused on <strong><a href=\"https:\/\/igaming.org\/casino-news\/wynn-resorts-secures-2-4-billion-financing-for-uaes-first-integrated-resort\/\">developing Wynn Al Marjan Island<\/a><\/strong> in the United Arab Emirates while keeping an eye on potential casino expansion in Thailand. CEO Craig Billings confirmed that the company remains engaged in Thailand but emphasized that it is still early in the process.<\/p>\n<p data-start=\"371\" data-end=\"638\"><em>\u201cWe are active in Thailand, though it\u2019s early days,\u201d<\/em> Billings said during an earnings call following the company\u2019s fourth-quarter results. He explained that the firm wants to be in a strong position to participate if Thailand moves forward with casino legalization.<\/p>\n<p data-start=\"640\" data-end=\"983\">Thailand\u2019s cabinet approved the Entertainment Complex Bill on January 13, a step toward legalizing casinos within entertainment complexes. The draft legislation is currently under review by the country\u2019s law-advisory body, the Council of State, before it moves to the lower house of the National Assembly for further discussion and approval.<\/p>\n<p data-start=\"985\" data-end=\"1187\">Billings did not provide details on how Wynn Resorts would structure a potential investment in Thailand but clarified that it would be managed through a subsidiary of the U.S.-listed Wynn Resorts Ltd.<\/p>\n<h2 data-start=\"1189\" data-end=\"1226\">Focus on Al Marjan and New York<\/h2>\n<p data-start=\"1228\" data-end=\"1493\">While Thailand remains a <strong><a href=\"https:\/\/igaming.org\/casino-news\/wynn-resorts-explores-expansion-into-thailand-during-emerging-casino-legislation\/\">possible future opportunity<\/a><\/strong>, Wynn Resorts continues to prioritize its major projects, including the casino resort on Al Marjan Island. Billings stated that construction is advancing rapidly, with work reaching the 35th floor of the hotel.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"1495\" data-end=\"1663\"><em>\u201cWe believe the UAE will be a US$3 billion to US$5 billion gaming market over time, and certainly the most exciting new market for our industry in a decade,\u201d<\/em> he said.<\/p>\n<p data-start=\"1665\" data-end=\"2194\">The project, which is expected to be completed in 2027, includes 1,542 rooms and suites, 22 restaurants, bars, and lounges, a shopping promenade, and entertainment venues such as a nightclub and beach club. Wynn Resorts holds a 40 percent stake in the development alongside local partners Marjan LLC and RAK Hospitality Holding LLC. The company has secured an exclusive, renewable 15-year casino license for Ras Al Khaimah and projects that the property could generate at least US$1.33 billion annually in gross gaming revenue.<\/p>\n<p data-start=\"2196\" data-end=\"2481\">In addition to Al Marjan Island, Wynn Resorts is also pursuing <strong><a href=\"https:\/\/igaming.org\/casino-news\/wynns-12-billion-nyc-casino-plan-unveiled-in-new-video\/\">opportunities in New York<\/a><\/strong>. Billings highlighted the company\u2019s disciplined approach to potential investments, stating, <em>\u201cWe\u2019re active in New York but \u2026 we\u2019re being very disciplined in terms of how we think about New York.\u201d<\/em><\/p>\n<h2 data-start=\"2483\" data-end=\"2508\">Expansion in London<\/h2>\n<p data-start=\"2510\" data-end=\"2767\">To support its brand and expand its customer base, Wynn Resorts recently moved to <strong><a href=\"https:\/\/igaming.org\/casino-news\/wynn-resorts-to-acquire-crown-london-aspinalls-in-mayfair\/\">acquire Crown London (Aspinalls)<\/a><\/strong>, a members-only casino in London\u2019s Mayfair district. The acquisition, announced in January, is expected to close in the second half of 2025.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"2769\" data-end=\"2994\"><em>\u201cThis acquisition was really about establishing a presence in a key global gateway city and a part of the world, where \u2013 when taken together with Al Marjan Island \u2013 we\u2019re building a meaningful business,\u201d<\/em> Billings explained.<\/p>\n<p data-start=\"2996\" data-end=\"3307\">He added that the London casino would help the company reach high-net-worth individuals who could become future guests at Wynn Al Marjan Island. \u201cWhen you put the two properties together, they\u2019re going to serve an area which is home to 2.5 billion people and 40 percent of the world\u2019s millionaires,\u201d he noted.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/wynn-resorts-expands-focus-on-al-marjan-and-thailand\/\">Wynn Resorts Expands Focus on Al Marjan and Thailand<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wynn Resorts Ltd is focused on developing Wynn Al Marjan Island in the United Arab Emirates while keeping an eye on potential casino expansion in Thailand. CEO Craig Billings confirmed that the company remains engaged in Thailand but emphasized that it is still early in the process. \u201cWe are active in Thailand, though it\u2019s early [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8660","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8660"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8660\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}