Oct 10th, 2024

Wynn's Bet on UAE Casinos Pays Off, Even Though Gambling Isn't Legal

Craig Billings’ biggest wager as chief executive officer of Wynn Resorts Ltd. is starting to pay off. For three years, the executive has been on a quest to build a casino from scratch on a desolate stretch of desert in the United Arab Emirates. Against those odds, the firm last week received the UAE’s first-ever commercial gaming operator’s license. Bloomberg News' Zainab Fattah discusses with Joumanna Bercetche on Horizons Middle East & Africa.