{"id":3502,"date":"2024-08-09T11:35:57","date_gmt":"2024-08-09T07:35:57","guid":{"rendered":"https:\/\/lovin.co\/rak\/en\/?p=3502"},"modified":"2024-08-09T11:52:09","modified_gmt":"2024-08-09T07:52:09","slug":"wynn-resorts-expands-in-ras-al-khaimah-with-a-grand-investment-and-70-acre-land-acquisition","status":"publish","type":"post","link":"https:\/\/lovin.co\/rak\/en\/latest\/wynn-resorts-expands-in-ras-al-khaimah-with-a-grand-investment-and-70-acre-land-acquisition\/","title":{"rendered":"Wynn Resorts Expands In Ras Al Khaimah With A Grand Investment And 70-Acre Land Acquisition"},"content":{"rendered":"

Las Vegas has got nothing on the UAE! The Wynn Al Marjan has expanded its footprint in the Gulf region by acquiring an additional 70 acres on Ras Al Khaimah\u2019s Al Marjan Island.<\/p>\n

This move, announced during the company\u2019s second-quarter earnings call on Wednesday, supports the development of the region’s first casino on the island.<\/p>\n

In the second quarter of 2024, Wynn Resorts invested $356 million into its $4 billion joint venture on Al Marjan Island, bringing its total investment to $514 million. Around $300 million is dedicated to current development, while over $200 million is set aside for land acquisition and infrastructure.<\/p>\n

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A post shared by Wynn Al Marjan Island (@wynn.rasalkhaimah)<\/a><\/p>\n<\/div>\n<\/blockquote>\n