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

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 offering Middle Eastern, European, Chinese, and Indian cuisine.

The acquisition serves a strategic purpose for Wynn, particularly as a potential conduit to their upcoming Wynn Al Marjan Island resort in Ras Al Khaimah, UAE, scheduled to open in early 2027. This strategic move capitalizes on London's significant Arab population, estimated at 200,000, and the city's popularity among Middle Eastern tourists.

CEO Craig Billings emphasized the acquisition's importance as establishing presence in a global gateway city, creating valuable connections between their properties, particularly the upcoming UAE resort.

The relationship between Wynn and Crown Resorts has historical significance, including Wynn's $300 million purchase of Las Vegas Strip land from Crown in 2018, and abandoned takeover talks in 2019 following a leaked $7.1 billion offer.

Crown Resorts, currently owned by Blackstone following a $6.6 billion acquisition in June 2022, maintains casinos in Melbourne, Perth, and Sydney. Wynn's portfolio includes properties in Las Vegas, Boston Harbor, and Macau.

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