Wynn Resorts (WYNN) Stock: Al Marjan Island Build Restarts Despite Middle East Tensions

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TLDR Wynn Resorts has restarted construction on its Wynn Al Marjan Island resort in Ras Al Khaimah, UAE, after a short pause The pause came as the ongoing U.S.-Israeli conflict with Iran has disrupted business across the Middle East Wynn holds a 40% equity stake in the project, which is being built by affiliate Island 3 AMI FZ-LLC The conflict has closed UAE airspace and disrupted operations at Dubai and Abu Dhabi airports, affecting regional business Wynn expects the resort to open in Q1 2027; staff are permitted to work remotely if advised by their home embassies

Wynn Resorts (WYNN) restarted construction on its Wynn Al Marjan Island resort in Ras Al Khaimah, UAE, on Wednesday, March 11, 2026, following a brief halt.

The Las Vegas-based casino operator said it has put enhanced safety and security measures in place for all on-site workers. Employees have also been given the option to work from abroad if their home embassies recommend they do so.

The pause came as the U.S.-Israeli conflict with Iran continues to rattle the region. That conflict has shut down parts of UAE airspace and caused disruptions at Dubai International Airport and Abu Dhabi’s Zayed International Airport — two of the world’s busiest hubs.

Wynn holds a 40% equity stake in the project company, Island 3 AMI FZ-LLC, an unconsolidated affiliate that is leading the build. The resort is a key part of Wynn’s push into the Gulf region, where it secured the UAE’s first commercial gaming operator’s license back in 2024.

Despite the regional turbulence, Wynn said it is in regular contact with both U.S. and Ras Al Khaimah authorities. The company expressed confidence in the UAE’s defense posture and said local business conditions remain relatively normal.

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