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UAE Takes a Gamble with New Casino Opening

Luximmo

11.05.2023

UAE's First Casino: A Game-Changer for Tourism?

The United Arab Emirates has always been a popular tourist destination for its luxurious hotels, breathtaking skyscrapers, and endless entertainment options. However, one thing that was missing from the country's tourism industry was a casino. With the recent opening of the first casino in the UAE, the Wynn Al Marjan Island Resort, the tourism industry is set to experience a game-changing boost. The introduction of a casino in the country is expected to increase the number of tourists significantly and enhance the overall tourism experience in the UAE.

Boosting Ras Al Khaimah's Economy

The opening of the Wynn Al Marjan Island Resort in 2026 is projected to attract 5.5 million tourists to the area by 2030, with an estimated cost of $3.9 billion. This investment is expected to generate substantial value for the economy of Ras Al Khaimah through tourism and job creation. The opening of the first casino in the UAE is a significant milestone for the country's tourism industry, and it is expected to have a positive impact on the economy of Ras Al Khaimah. The Wynn Al Marjan Island Resort will not only attract tourists but also create job opportunities and generate revenue for the economy. The resort is a prime example of how the UAE is continuously looking for new ways to improve its tourism industry and establish itself as a global destination for tourists.

The Design Vision of The Resort

The Wynn Al Marjan Island, a multi-billion-dollar property developed in partnership with Marjan LLC and RAK Hospitality Holding, is set to revolutionize the hospitality industry in the UAE. Rising 305 meters above the sea, the beachfront resort boasts approximately 1,500 luxurious rooms, suites, and villas, along with an impressive range of entertainment, dining, and wellness options. The resort's architecture draws inspiration from the serene seascape of Al Marjan Island, with a design vision that reflects the natural landscape. The beach's curved shape is echoed through the podium structure, providing breathtaking views of the sea, beach, and horizon.

A Haven for Tourists and Locals Alike

Visitors to the resort can expect a premium luxury experience, including a gaming area, 24 dining and lounge experiences, innovative spa and wellness facilities, a high-end shopping esplanade, a state-of-the-art events center, a theatre hosting a unique production show, and other amenities. The Wynn Resorts' signature design aesthetic is evident in every aspect of the property, creating an unforgettable experience for tourists and locals alike.

Transforming Ras Al Khaimah's Tourism Industry.

The Wynn Al Marjan Island Resort is expected to transform and accelerate Ras Al Khaimah's rise as a major global tourist destination, creating substantial value for the economy through tourism and job creation. The project will pave the way for the accelerated growth of allied business sectors. Foundation construction work began on-site earlier this year. The resort is projected to attract 5.5 million tourists to the area by 2030, boosting the Emirate's growth as a global tourist destination.

Potential Ripple Effect on Dubai Real Estate Market

What does this mean for the real estate market in Dubai? As more tourists flock to the UAE, the demand for properties is likely to increase, creating opportunities for both buyers and sellers. The opening of Wynn Al Marjan Island is an exciting development that could have a ripple effect on the wider real estate market in Dubai. As tourism continues to grow in the UAE, the demand for properties is likely to increase, creating more opportunities for investors and developers. This, in turn, could lead to further growth in the Dubai real estate market, making it an even more attractive proposition for buyers and sellers.

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