Endorphina has received a gaming-related vendor license in the UAE, granted by the General Commercial Gaming Regulatory Authority (GCGRA), which regulates and supervises...
Wynn Resorts expects UAE gaming market competition
Wynn Resorts is expecting two competitors to come to the UAE gaming market within the next few years, given the projections that the sector will produce about $3-5 billion in gross gaming revenue.
Wynn, however, is already taking steps to get the biggest share of the market with its $3.9 billion Wynn Al Marjan resort, scheduled to open in early 2027.
After the company’s Q3 2025 results, CEO of Wynn Resorts Craig Billings said in a conference call with analysts:
“We were factoring in two incremental competitors and a market that is $3 billion to $5 billion of GGR. We always tend to operate at a fair share premium. With no announced competition that we’re aware of in the (UAE) market thus far, there probably is some conservatism in those estimates.”
Standing as the first licensed integrated gaming resort in the United Arab Emirates, the Wynn Al Marjan property, located in Ras Al Khaimah, is a joint venture between Wynn Resorts and RAK Holding.
As a result of the ongoing regional conflict, Wynn Resorts is considering postponing the official opening of the $5.1 billion worth Al Marjan casino resort in the UAE.The...
