Daily Asia Gaming eBrief: Wynn Resorts secures gaming license in UAE

Monday 7th of October 2024

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Good morning. Here Comes the Sun. Wynn Resorts has received the UAE’s first commercial gaming license, paving the way for the 2027 opening of its multi-billion dollar Wyn n Al Marjan Island resort in Ras Al Khaimah. Meanwhile, in Asia, Macau-based Sanum Investments accuses Laos courts of unlawful pressure in its case against ST Group over the casino Savan V egas, risking foreign investment. In Macau, the city’s sole Chief Executive candidate advocates for casino residency shows to enhance tourism and ensure competitiveness with neighboring cities.

What you need to know

Wynn Resorts obtains UAE’s first commercial gaming license for the Wynn Al Marjan Island resort, scheduled to open in 2027.
Sanum Investments has raised serious concerns regarding the actions of the Laos courts in its case over the development of the Savan Vegas Hotel.
Macau's Chief Executive candidate Sam Hou Fai backs residency shows to boost tourism, attract international visitors, and diversify beyond gaming.

On the radar

Macau October Golden Week visitors exceed 2019 level: CLSA.
Australia tightens ID verification obligations for online gambling providers.
GKL sees a 3% yearly growth in September despite a monthly dip in casino sales.
CCC awaits Senate confirmation for Imperial Pacific Int’l revocation proceedings.
AGEM Index with a notable increase of 50.33 points in September.

AGB Intelligence

UAE

Wynn Resorts secures UAE gaming license for Al Marjan Island resort

Wynn Resorts has obtained the UAE’s first commercial gaming operator’s license, confirmed by the General Commercial Gaming Regulatory Authority (GCGRA). The multi-billion dollar Wynn Al Marjan Island resort, the region’s first integrated gaming destination, is on track to open in Ras Al Khaimah in 2027.

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