US-based MGM Resorts International has announced a strategic agreement. They plan to introduce three of their renowned hotel brands—Bellagio, Aria, and MGM Grand—into the UAE market. The hospitality giant has secured a non-gaming management contract with Wasl Hospitality, a Dubai-based firm. This marks a significant step in MGM’s regional expansion.
While the agreement focuses on non-gaming operations, MGM has also expressed interest in expanding into the gaming sector. This follows the establishment of the General Commercial Gaming Regulatory Authority (GCGRA) in the UAE. This new regulatory body is tasked with developing a framework for commercial gaming. MGM sees potential for future growth in Dubai, particularly as the market evolves.
The move follows the success of Wynn Resorts. Wynn was awarded the UAE’s first-ever Commercial Gaming Facility Operator license in October 2024. This license allows it to develop the Wynn Al Marjan Island resort in Ras Al Khaimah. The resort will be the first integrated gaming resort in the Middle East.
Bill Hornbuckle, CEO of MGM Resorts, previously stated that the company has applied for a gaming license in Abu Dhabi. Additionally, they are exploring further expansion into new markets such as Thailand.
MGM Resorts is closely watching the UAE’s gaming landscape, as it anticipates significant growth in the sector. According to industry predictions, the UAE gaming market could reach a value of $3-$5 billion over time.