Las Vegas giant Wynn Resorts is building a $5 billion resort that will be the U.A.E.'s first casino. The project is rising on Al Marjan Island, a man-made archipelago in the northernmost emirate, Ras Al Khaimah. Some experts question the project’s long-term prospects and wonder whether competition from tourism powerhouses like Dubai and Abu Dhabi could hurt this new casino.
WSJ examines the megaproject and examines whether building a casino in a deeply conservative society could be a massive mistake.
Chapters:
0:00 U.A.E.’s first casino
0:31 The project and why it matters
1:59 Why Ras Al Khaimah?
4:24 The long-term vision
5:39 Wynn’s expansion plan
Breaking Ground
Breaking Ground digs into megaprojects around the world, uncovering what these developments might mean for the surrounding region and the ultimate costs.
#UAE #Casino #WSJ