Survey – Will Wynn Resort Change RAK?
The legalization of casinos has become a hot topic in the UAE. The Wynn Resort is poised to open the country’s first-ever casino.
Over the course of six months, we conducted a comprehensive survey across the UAE, gathering feedback from 2,000 residents.
Our main goal was to find out what people think about how the Wynn Project will affect Ras Al Khaimah.
Last Update July 11, 2024
Before You Get Into The Details
Recent Developments
In January 2022, Wynn Resorts announced the first-ever casino in the UAE, a landmark event for the nation’s tourism and entertainment industry.
Set to open in 2026 on Marjan Island, Ras Al Khaimah, this luxury destination will transform regional tourism with a man-made island extending 4.5 kilometers into the Arabian Gulf.
Approach and Methodology
We wanted to measure the impact of this project, so we designed a survey to capture a wide range of opinions and expectations from local residents.
To achieve this, our approach included Typeform surveys and targeted advertising strategies, ensuring we effectively reached and engaged the appropriate audience.
Target Population
100% Living in the UAE
Our target audience consisted of UAE residents, including local citizens.
81% Living in Ras Al Khaimah
A significant portion of our respondents (81%) were from Ras Al Khaimah.
+18 Population
We focused on gathering opinions from participants aged 18 and above.
What People Think About the Wynn Project?
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Awareness of Wynn Project
A high proportion (90.3%) of respondents are aware of the Wynn Resorts project planned for Ras Al Khaimah, suggesting significant interest and awareness in local development initiatives.
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Economic Impact Expectations
A majority (56%) believe it will significantly boost tourism revenue and create job opportunities, indicating positive expectations for economic growth and employment.
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Real Estate Market Expectations
A larger number (60%) expect the Wynn Resorts project to increase property values in surrounding areas, despite concerns (22%) about possible decreases.
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Casino and Social Concerns
Regarding the introduction of a casino, opinions are mixed. A significant portion (54%) believe it will attract a new segment of tourists interested in casino gaming.
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Tourism Future
A great part (60%) still believe that Dubai will remain the primary destination. However, a significant minority (32%) see potential for Ras Al Khaimah to become a top tourism point.
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Community Engagement
The responses reflect a community deeply engaged with local development issues, balancing economic benefits with concerns about social and cultural impacts.
Will Affect the Local Economy of Ras Al Khaimah?
Potential for Tourism and Jobs
A significant majority of participants (56%) are optimistic about the Wynn Resorts project’s potential to substantially enhance tourism revenue and stimulate job creation in Ras Al Khaimah.
Positive but Moderate
Another segment of respondents (29%) takes a more cautious stance, foreseeing a moderate impact on the local economy, indicating tempered expectations for economic influence.
No Impact Either Way
In contrast, a minority (15%) holds that the project will not significantly affect the local economy, reflecting varying opinions on the anticipated outcomes of the Wynn Resorts development in Ras Al Khaimah.
The Wynn Resorts Project Will Influence Local Real Estate Prices?
60% Supportive
Many respondents (60%) believe the project will significantly boost property values in the surrounding areas, expecting substantial growth in the local real estate market.
18% Neutral
Some participants (18%) remain neutral, suggesting that they see no significant impact on real estate prices, indicating a more cautious or indifferent stance.
22% Opposed
A representative group (22%) opposes the project, asserting that it will lead to a decrease in real estate prices, challenging expectations of a market surge.
Real Estate Perspective
OPINION BY:
Amr Abdelwahab, Property Consultant
What Opportunities Await in the UAE’s Changing Environment?
“The decision to introduce casino gaming reflects the UAE’s commitment to providing options for its populace while acknowledging the potential economic benefits.”
“As anticipation builds and development progresses, these ventures are poised to benefit from increased foot traffic and demand, contributing to the UAE’s continued economic success.”
The Introduction of a Casino Would Affect the Local Culture and Tourism Industry?
The participants could choose multiple answer.
New Segment of Tourists
Over half (54%) are eager to draw new tourists interested in casino gaming, aiming to boost local tourism and economic growth.
Negative Social Impacts
About a third (34%) expressed concerns about the social drawbacks ,including addiction and calling for careful regulation.
Preserve the Cultural Integrity
Over a quarter (28%) prioritize preserving local cultural integrity through sustainable development that respects traditions.
Wynn Resorts Can Put Ras Al Khaimah as The 1st Tourist Destination in The UAE?
Steady Present, Potential Future Changes
The survey reveals a majority belief (60.8%) that Dubai will retain its position as the UAE’s top tourist destination, despite the Wynn Resorts project in Ras Al Khaimah.
However, 32.4% see potential for Ras Al Khaimah to rise to prominence in UAE tourism.
A smaller segment (8%) is unsure about Ras Al Khaimah’s future standing and the impact of the Wynn Resorts project.
As Ras Al Khaimah continues to forge ahead with ambitious growth initiatives, these insights serve as a compass for stakeholders to leverage opportunities and address challenges in shaping the future of tourism in the emirate.
3 Things That We Realised With This Research
1. Cultural Implications & Casino Introduction
The prospect of introducing a casino in Ras Al Khaimah sparks discussions about its potential impact on UAE’s cultural scene.
Preserving traditional values while embracing economic growth through tourism requires careful navigation and community engagement.
2. Economic Prospects & Challenges
This project holds promise for bolstering Ras Al Khaimah’s economy, particularly through increased tourism revenue and job creation.
Alongside these economic benefits come concerns about the potential social repercussions. Issues such as gambling addiction necessitate proactive measures to mitigate risks.
3. Regulatory Challenge
Bringing a casino to Ras Al Khaimah presents regulatory challenges in the UAE, known for its strict governance on matters of social conduct and public policy.
Adapting existing regulatory frameworks to accommodate responsible gaming practices is essential.
Our Work
We did it before. If you’re interested, we have some previous reports you can review.
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What Emiratis Think About Casinos?
We conducted a survey in the UAE, reaching out to over 10,000 individuals and receiving feedback from 3,000 respondents.
READ REPORT -
Is Casino Curiosity Growing in the UAE?
This report provides insights into the online search behavior of UAE residents about casino and gambling topics.
READ REPORT -
Locals Speak Out on the Future of Casinos
We took over 170 opinions and garnered a staggering 48,000 readings about the casino topic in Dubai.
READ REPORT
About Us
We are dedicated to providing you with the most comprehensive and up-to-date information on casinos in Dubai and the broader UAE.
We go into the legal intricacies and cultural considerations surrounding gambling in the region, ensuring that our readers receive the most accurate and insightful coverage.
We strive to simplify complex legal concepts and present them in an accessible manner, making our content engaging and informative for all.