Thursday, August 22, 2024 Wynn Resorts is set to launch a new resort in the UAE, and Max Tappeiner has been appointed as the president of the Al Marjan Island project. Tappeiner transitions from his role as executive vice president of operations at Wynn Las Vegas, where he served for a year. He takes over from Thomas Schoen, who held the position of chief of the Ras Al Khaimah resort since May last year.
In addition to his experience with Wynn, Tappeiner has held key roles as senior vice president at Resorts World in Las Vegas for two years and vice president of operations at The Venetian from 2015 to 2019. The Wynn Al Marjan Island resort, expected to open in 2027 in Ras Al Khaimah, UAE, is poised to be one of the region’s first casinos. This project, a collaboration with Marjan LLC and RAK Hospitality Holding LLC, will feature 1,500 rooms, suites, and villas, alongside entertainment and gaming facilities, and 24 dining and lounge venues.
Recently, the General Commercial Gaming Regulatory Authority (GCGRA) of the UAE released its regulations, marking a significant step for the industry. Market Potential: CBRE analysts estimate that the UAE’s casino industry could potentially generate up to $8.5 billion in revenue, assuming multiple casinos, including Wynn, are established across the UAE.
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