Wynn Resorts Acquires Historic Crown London Casino in Strategic Mayfair Deal

Wynn Resorts Acquires Historic Crown London Casino in Strategic Mayfair Deal

By Marcus Bennett

January 10, 2025 at 04:07 AM

Wynn Resorts announced its acquisition of the prestigious Crown London casino from Crown Resorts, marking the company's first European venture. The transaction is expected to close in the second half of 2025, though financial terms remain undisclosed.

Man at casino entrance

Man at casino entrance

Located in London's upscale Mayfair District, Crown London occupies two historic townhouses at 27-28 Curzon Street. The members-only establishment features 20 gaming tables across various sophisticated salons, complemented by an exclusive restaurant and lounge. The venue will retain its current name until the deal's completion.

This strategic acquisition serves as a gateway for Wynn's upcoming Wynn Al Marjan Island resort in Ras Al Khaimah, UAE, scheduled to open in early 2027. With London's substantial Arab population (approximately 200,000) and significant Middle Eastern tourism, the location provides an ideal connection to Wynn's Middle Eastern expansion.

The casino's prime location near Green Park Station, Hyde Park Corner, and Knightsbridge Station enhances its accessibility. While lacking on-site accommodation, the venue offers diverse dining options featuring Middle Eastern, European, Chinese, and Indian cuisine.

This deal follows previous interactions between Wynn and Crown Resorts, including Wynn's $300 million Las Vegas Strip land purchase from Crown in 2018. Notably, Crown Resorts was acquired by Blackstone for $6.6 billion in June 2022.

Wynn's current portfolio includes Wynn and Encore Las Vegas, Encore Boston Harbor, Wynn Palace, and Wynn Macau, with Crown London set to become its first European property under the renowned Wynn brand.

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