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Wynn Resorts to develop Al Marjan Marina with IGY, MSI

Neha Soni
Written by Neha Soni

Wynn Resorts, global 바카라 and hospitality giant, has teamed up with IGY Marinas and Marina Solutions International (MSI) to build and manage the UAE’s first 바카라 resort, Wynn Al Marjan Island. The partnership will ensure design, development, post-opening management, and marketing services of the integrated resort.

Steve English, chief executive officer (CEO) of IGY Marinas, called the project a significant milestone in achieving the company’s Middle East expansion. He added the company is excited to contribute to such a visionary development and help make Al Marjan a world-class yachting and gaming destination. Meanwhile, James Beaver, Director at MSI, noted that the company has been closely involved with the project since 2022. The company has provided feasibility study defining the marina’s market positioning, delivering conceptual and detail designs along with operational consultancy.

A landmark venture for the UAE

The $3.9 billion integrated resort,  in Ras Al Khaimah, will be the first beachside property in Wynn Resorts’ global portfolio. Once completed, it will also be the tallest building the company has ever developed. It is expected to create over 7,500 jobs as it progresses toward completion in early 2027.

Michael Weaver, chief communications officer at Wynn Resorts, said the resort currently employs about 80 people. This number is expected to rise to 300 by the end of 2025. Primary recruitment is scheduled to take place in September 2026, roughly six months before the facility opens in March 2027.

The marina will offer 101 berths designed to accommodate superyachts up to 85 metres in length. Expect state-of-the-art docking systems, premium concierge services, and top-tier marine facilities tailored to ultra-high-net-worth individuals and their floating palaces. Wynn Al Marjan Island will feature 1,530 rooms and suites, alongside a wealth of attractions including high-end dining, immersive entertainment, and gaming options.

UAE’s gaming market poised for growth

Industry analysts estimate that the UAE gaming market could generate between $5 billion and $8 billion annually. Wynn Resorts’ CEO, Craig Billings previously highlighted this potential on CNBC, comparing it to the Las Vegas Strip, which sees over $6 billion in gaming revenue annually.

“To put that in perspective, the Las Vegas Strip is a little over USD 6 billion. So, that’s a substantial market opportunity,” he said.

 holds a 40 percent stake in the project, partnering with Marjan LLC and RAK Hospitality Holding LLC. The company has also secured an exclusive 15-year 바카라 licence for Ras Al Khaimah, with the property expected to generate a minimum of $1.33 billion in annual gross gaming revenue (GGR).

Strategic location and target market

The location of Wynn Al Marjan Island plays a crucial role in its expected success. Just 50 minutes from Dubai International Airport, the resort will benefit from the UAE’s strong tourism and expatriate population.

“There’s 10 million people […] 80 percent of them are expats … There are over 80 million airlifts at the airport in Dubai, 45 to 50 minutes from our property. That is very significant airlift,” Billings noted. Wynn Resorts is focusing on attracting high-net-worth individuals from the region. “We’re really focused on the wealth, affluence and population in that market,” he added.

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