Business
Wynn Resorts Set to Acquire Crown London From Crown Resorts
Prestigious Mayfair casino location expands Wynn’s footprint in Europe and the Middle East ahead of Wynn Al Marjan Island opening in the UAE LAS
About this update from Wynn Resorts, Limited
[{"type":"text","content":"\nPrestigious Mayfair casino location expands Wynn’s footprint in Europe and the Middle East ahead of Wynn Al Marjan Island opening in the UAE\n\n\n LAS VEGAS--(BUSINESS WIRE)--\nWynn Resorts today announced that it will acquire Crown London (Aspinalls), a small, members-only casino in the heart of London's upscale Mayfair district. The acquisition is subject to the receipt of customary regulatory approvals, which are anticipated in the second half of 2025.\n\n\nWynn Resorts CEO Craig Billings said, “This acquisition of an iconic asset offers us a presence in a global gateway city and will create a conduit for Wynn guests to visit our resorts, particularly Wynn Al Marjan Island which is slated to open in the first quarter of 2027 in Ras Al Khaimah in the United Arab Emirates.\"\n\n\nCrown London spans two historic townhouses at 27-28 Curzon Street, Mayfair, London. It offers 20 gaming tables in a variety of sophisticated salons, as well as an intimate restaurant and lounge for entertaining. The casino will operate under the Crown London name until the transaction closes.\n\n\nABOUT WYNN RESORTS\n\n\nWynn Resorts, Limited is traded on the Nasdaq Global Select Market under the ticker symbol WYNN and is part of the S&P 500 Index. Wynn Resorts owns and operates Wynn Las Vegas (wynnlasvegas.com), Wynn Macau (wynnmacau.com), Wynn Palace, Cotai (wynnpalace.com), and operates Encore Boston Harbor (encorebostonharbor.com). The Company is constructing an Integrated Resort in Ras Al Khaimah, United Arab Emirates, set to open in 2027.\n\n\nWynn and Encore Las Vegas consist of two luxury hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. The resort features approximately 194,000 square feet of casino space, 20 signature dining experiences, 14 bars, two award-winning spas, approximately 513,000 rentable square feet of meeting and convention space, approximately 177,000 square feet of retail space as well as two showrooms, two nightclubs, a beach club, and recreation and leisure facilities, including Wynn Golf Club, an 18-hole championship golf course.\n\n\nEncore Boston Harbor is a luxury resort destination featuring a 210,000 square foot casino, 671 hotel rooms, an ultra-premium spa, specialty retail, 14 dining and lounge venues, a nightclub and approximately 71,000 square feet of state-of-the-art ballroom and meeti...