Wynn Al Marjan Island: cost rises to $5.7 billion as opening moves to September 2027
Editorial
Wynn Resorts said with its second-quarter 2026 results that Wynn Al Marjan Island in Ras Al Khaimah will open in September 2027 and that…
Not Verified
Stephen Alan Wynn was born Stephen Alan Weinberg on 27 January 1942 in New Haven, Connecticut. He graduated from the University of Pennsylvania in 1963 and took over his family's bingo parlour in Maryland after his father's death. He moved to Las Vegas in 1967, bought control of the Golden Nugget in the early 1970s, and opened The Mirage in 1989 at a cost of $630 million, followed by Treasure Island (1993) and Bellagio (1998, $1.6 billion). Mirage Resorts was sold to MGM Grand for $6.6 billion in 2000. Wynn Resorts went public in 2002; Wynn Las Vegas opened in 2005 ($2.7 billion), Wynn Macau in 2006, Encore Las Vegas in 2008, Wynn Palace in 2016 and Encore Boston Harbor in 2019. He became a billionaire in 2004, and Forbes estimated his net worth at $3.7 billion in April 2025. He is a noted art collector. In January 2018 the Wall Street Journal reported allegations of sexual misconduct, which he denied; he stepped down as chief executive on 6 February 2018. Regulators fined Wynn Resorts $20 million in Nevada (2018) and $35 million in Massachusetts (2019) over the company's handling of the claims.
Editorial
Wynn Resorts said with its second-quarter 2026 results that Wynn Al Marjan Island in Ras Al Khaimah will open in September 2027 and that…