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According to SEC filings, the company invested $455 million during the first nine months of 2024, bringing its life-to-date spend to $533 million. Wynn’s remaining 40% pro-rata share of the required equity is $800 to $875 million, the company’s CFO Julie Cameron-Doe told investors on Monday’s third-quarter earnings call. That would bring Wynn’s total projected investment in the project to about $1.4 billion.

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And that can easily turn someone off of betting on live games entirely. Billings has said he believes the UAE will be a $3 billion to $5 billion gaming market, and that Wynn should have a two- to three-year jump before other casino-operator rivals enter the region. “At this point they might have a five-year head start,” he says, noting that MGM Resorts CEO Bill Hornbuckle has recently applied for a UAE casino license in Abu Dhabi.

Todd Lenahan of Wynn Design and Development shared also insights into the resort’s design inspiration. Our team’s latest report on UAE gambling showcases the major events of 2024, the trends for 2025, and the big picture of what’s ahead for the UAE gaming industry. There are several projects in Dubai and nearby areas that are already awaiting licenses, which could pave the way for the introduction of casinos in the region. Gambling is only allowed through legal operators who have obtained a license from the UAE’s gaming regulator. Everything you need to know about the casinos in and around Dubai. Whether you’re curious about the current casino scene in Dubai, seeking legal information, or exploring available options, we’ve got you covered.