Wynn Resorts is currently focusing on its integrated resort strategy in Las Vegas and Macau to capitalize on the tourism recovery. Meanwhile, MGM Resorts is in negotiations for a potential deal with Barry Diller's People Inc. Additionally, the Wynn Al Marjan Island integrated resort in Ras Al Khaimah, UAE, is scheduled to open in 2027.
Wynn Resorts targets a 2027 opening for its first UAE integrated resort, drawing investor interest despite capital expenditure and leverage risks.
Read the full storyCasino giant MGM Resorts is negotiating a potential deal with Barry Diller's People Inc. following a formal acquisition offer made in June.
The company is prioritizing luxury gaming and resort portfolios to capture affluent traveler demand and stabilize cash flow as global tourism rebounds.