Wynn Resorts has set September 2027 as the opening date for its integrated resort on Al Marjan Island in Ras Al Khaimah, pushing the launch back by around six months as regional instability adds to construction and supply-chain costs.
The company previously expected the development to begin welcoming guests in the first quarter of 2027. However, work was temporarily suspended earlier this year following the escalation of the conflict involving Iran, Israel and the United States. Construction subsequently resumed after additional safety measures were introduced for employees at the site.
Wynn has increased the total project budget by approximately $600 million. Around half of that increase has been attributed to the direct and indirect consequences of the regional conflict, including interruptions to construction, logistics difficulties, higher insurance and procurement expenses and pressure on the delivery of materials.
Shipping disruption in the Strait of Hormuz has created bottlenecks for supplies entering the region, while restrictions on UAE airspace and reduced operations at Dubai International and Abu Dhabi’s Zayed International airports have complicated the movement of workers and equipment.
Despite the revised schedule, Wynn said construction and preparations for the resort remain active. The hotel tower reached its full structural height in December 2025, and extensive mechanical, electrical and interior finishing work is now under way across the property. The company’s August investor presentation also confirmed that operational planning and recruitment are progressing ahead of the September 2027 launch.
Wynn added 57 employees to the Al Marjan operation during the second quarter, taking its pre-opening workforce to 425. The team currently consists largely of senior executives, department heads, managers and administrative staff covering both gaming and non-gaming operations.
The Las Vegas-based operator contributed another $48.1 million to the project during the three months ending 30 June. Wynn’s total cash investment in the joint venture has now reached approximately $1.06 billion. It owns a 40% interest in the development alongside affiliates of Marjan and RAK Hospitality Holding.
Wynn estimates that its remaining equity contributions to the project will amount to between $525 million and $650 million. The development is also supported by a secured loan facility worth approximately $2.4 billion, arranged in 2025 to finance construction.
Wynn Al Marjan Island is being built across more than 60 hectares on the coast of Ras Al Khaimah. The resort will include more than 1,500 rooms and suites, luxury accommodation, restaurants and bars, retail outlets, entertainment facilities, meeting and convention space, a theatre, a beach club and a large commercial gaming area.
The project will become the first major casino resort in the United Arab Emirates. Wynn received the country’s first commercial gaming licence in October 2024 from the General Commercial Gaming Regulatory Authority, the federal body responsible for regulating land-based gaming, internet gaming, sports wagering and lottery operations.
No rival land-based casino development has yet been formally approved. Wynn has previously based its financial forecasts on the possibility of two future competitors and estimated that the UAE gaming market could eventually generate between $3 billion and $5 billion in annual gross gaming revenue.
The operator continues to present Al Marjan Island as a central part of its international expansion. Its latest investor forecasts indicate that the resort could contribute about $345 million in annual earnings before interest, tax, depreciation, amortisation and rent once it reaches a stable level of operation.
Confirmation of the revised opening date came alongside Wynn’s second-quarter results. Group revenue increased to $1.86 billion from $1.74 billion a year earlier, while net income attributable to the company rose to $140.1 million. The improvement was led by stronger trading at Wynn Palace in Macau.