Wynn Resorts Ltd is all set to commence construction on its $2 billion venture in the UAE in the upcoming weeks, targeting a grand opening in 2027, said Julie Cameron Doe, the company's CFO, at an industry forum in the US.
Wynn Resorts will partner with Marjan Properties and RAK Hospitality Holding LLC, both based in Ras Al Khaimah, to operate the facility, which includes a casino in a jurisdiction with regulated casino gambling laws.
Previously, the casino group's CEO, Craig Billings, had confirmed that Wynn Resorts would assume a management contract to oversee the business model.
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