In January 2022, the global media was abuzz with news of the UAE's first casino, a groundbreaking development that promises to transform the nation's
In January 2022, the global media was abuzz with news of the UAE’s first casino, a groundbreaking development that promises to transform the nation’s tourism and entertainment landscape.
Spearheaded by Wynn Resorts, a renowned name in luxury resort and casino development, this ambitious project is poised to revolutionize luxury tourism in the region.
After two years of the first report about this, the CEO of Wynn Resorts, Craig Billings, has expressed his excitement about the upcoming Wynn Al Marjan resort in Ras Al Khaimah, calling it a “must-see” tourism destination in the UAE:
“Construction of Wynn Al Marjan Island continues, with much of the hotel tower and podium foundation complete, and preparations underway to start vertical construction of the hotel tower. We are confident the resort will be a ‘must see’ tourism destination in the UAE,”
He mentioned that the foundation work for the $3.9 billion project is nearly finished, and vertical construction is about to commence.
This Will Have an Impact on Tourism and Job Offers?
The introduction of the Wynn Resorts integrated resort in Ras Al Khaimah comes at a crucial time for the UAE, a country known for its growing expatriate population and the challenge of providing job opportunities for everyone.
While the UAE is also focused on regulating diversification in job offers to maintain a balance between opportunities for expatriates and residents, this new resort move could also potentially lead to an economic boost for the UAE.
The demand for employment opportunities has increased, creating a need for new avenues of job creation.
The development of the Wynn Resorts integrated resort presents an opportunity to address this challenge by generating a significant number of new jobs across various sectors. This not only benefits the local population but also provides employment opportunities for expatriates, contributing to the country’s diverse and dynamic workforce.
Can We Expect The Same Scenario in Dubai?
As of now, there are no legal casinos in Dubai due to the UAE’s strict gambling laws.
The only way to access casinos is through online platforms, which are also subject to legal restrictions.
However, the introduction of the Wynn Resorts integrated resort in Ras Al Khaimah could potentially change this landscape. This development may pave the way for the legalization of casinos in Dubai and the UAE, marking a significant shift in the country’s tourism and entertainment industry.
Adding to this, the UAE in 2023, announced the establishment of a dedicated regulatory entity to steer commercial gaming, marking a significant shift in the nation’s approach to gambling. Comprising casino and gaming connoisseurs primarily from the U.S., this move is significant as the nation’s current legal framework, rooted in Islamic principles, prohibits gambling. This new regulatory entity could potentially open doors for the legalization and regulation of casinos in Dubai and the UAE.
