Page 44 - Magazine Jan 2025

The Impact of Wynn Resort:

From Las Vegas to Al Marjan Island

For decades, Wynn has set the standard for
transforming destinations from Las Vegas to Macau.

2024 ربمفون 25
For decades, Wynn Resorts has in Macau in 2006, the city’s tourism and revenues of $1.8 billion annually.
redefined what cities can achieve in real estate landscapes were transformed.
For Ras Al Khaimah, this project
tourism, entertainment, and real estate. By 2019, Macau attracted more than brings significant economic potential,
From its beginnings in Las Vegas to its 39 million visitors annually. The peninsula which could stimulate the local real
game-changing presence in Macau, the became one of the most expensive real
estate and hospitality sectors, mirroring
“Wynn Effect” has become synonymous estate markets in Asia, with property what occurred in Macau. With its
with elevating cities into global tourism values in prime areas increasing fivefold.
first-mover advantage, the emirate is
hubs. Now, Ras Al Khaimah is preparing
The Wynn Effect played a crucial role in uniquely positioned to capitalize on this
to experience this transformative impact
this growth, helping Macau evolve from opportunity.
with the upcoming Wynn Resort on Al
a regional destination into a world-class
Marjan Island, offering a powerful new The strategic location of the resort, close
attraction, surpassing even Las Vegas in
dimension to the emirate’s future. to Dubai, makes it a convenient destination
gaming revenues and global appeal.
for regional tourists. Furthermore, the
The influence of Wynn Resorts in Las
Ras Al Khaimah is now on a similar
Vegas is well-documented, having shaped recent expansion of Ras Al Khaimah
trajectory with the arrival of Wynn
not only the city's reputation but also that International Airport ensures the emirate
Resorts. The multi-billion-dollar Wynn
of the entire state of Nevada as a global Resort on Al Marjan Island is not just a is fully prepared to welcome an influx of
center for luxury and entertainment. luxurious resort—it is the UAE’s first international visitors, attracted by Wynn’s
brand prestige and Ras Al Khaimah’s
However, Wynn’s success story in Macau integrated gaming and entertainment
stunning natural landscapes.
truly highlights what is possible for Ras Al complex.:Annual gross gaming revenues
Khaimah. When Wynn Resorts launched of approximately $1.38 billion, total

The project brings great economic potential to the Emirate of Ras Al Khaimah.

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