Wynn Resorts is making strides in its ambitious foray into the UAE’s burgeoning casino market. The company has announced the appointment of Max Tappeiner as the president of its upcoming Al Marjan Island resort in Ras Al Khaimah. Tappeiner, who previously served as executive vice president of operations at Wynn Las Vegas, brings a wealth of experience in the hospitality and gaming industry, having held key roles at Resorts World Las Vegas and The Venetian. He takes over from Thomas Schoen, who served as chief of the Ras Al Khaimah resort since last May.
The Wynn Al Marjan Island resort, slated to open in 2027, is poised to be a landmark destination, offering a luxurious experience with 1,500 rooms, suites, and villas, along with world-class entertainment, gaming facilities, and a diverse selection of 24 dining and lounge venues. The project is a collaborative effort between Wynn Resorts, Marjan LLC, and RAK Hospitality Holding LLC.
This development comes on the heels of the UAE’s General Commercial Gaming Regulatory Authority (GCGRA) releasing its regulations, paving the way for the establishment of a regulated casino industry. Analysts at CBRE estimate that the UAE’s casino market could generate up to $8.5 billion in revenue, indicating a significant potential for growth. With Wynn Resorts leading the charge, the UAE is set to become a prominent player in the global gaming landscape.
