Search Results for: United Arab Emirates
UAE reportedly considering granting one casino license to each of its seven emirates
November 3, 2023
Some sources claim that the United Arab Emirates is considering giving each of its seven emirates a casino license in order to cap...
MGM Resorts Ready to Pursue Multiple New Integrated Resorts with Strong Financial Position
September 17, 2024
Global gaming powerhouse MGM Resorts International is well-positioned with ample cash reserves and balance sheet flexibility to si...
Wynn Resorts’ Strong Finances Power Self-Funded UAE Expansion
June 20, 2024
Wynn Resorts is able to self-fund its $900 million investment in the Wynn Al Marjan Island development in the United Arab Emirates...
UAE: A Gaming Oasis Beckons Investors
June 7, 2024
The UAE is expected to see a boom in gaming, according to CBRE Institutional Research. Their research points to a place that is id...
Wynn Resort to Fuel Ras Al Khaimah’s Growth Engine
May 24, 2024
According to ratings agency Fitch, Wynn Resorts' US$4 billion investment is anticipated to improve Ras Al Khaimah's long-term econ...
Genting Eyes Expansion in Middle East, Waits on Thailand Details
May 20, 2024
The world's largest casino operator, Genting Group, is considering developing integrated resorts (IRs) in Thailand and the United ...
Wynn Resorts Unveils Progress on UAE’s First Integrated Resort
May 7, 2024
For its ground-breaking integrated resort project in the United Arab Emirates, Wynn Resorts has published revised ideas and constr...
Melco CEO acknowledges company experienced decline in market share in Macau in 2023
March 1, 2024
Chairman and CEO Lawrence Ho Yau Lung acknowledged during Melco Resorts & Entertainment Ltd.'s fourth-quarter earnings call on...
Chinese travelers swarm tourist destinations across Asia during CNY
February 21, 2024
Chinese tourists flocked to Asian destinations over the Lunar New Year break, surpassing pre-COVID levels in terms of both visitor...
Wynn Al Marjan Island nearing hotel-tower construction phase
February 12, 2024
Investment bank JP Morgan reports that Wynn Resorts Ltd.'s casino resort project, Wynn Al Marjan Island, in the United Arab Emirat...