Key points:
- The acquisition is still subject to regulatory approval, which was said to be anticipated during the second half of 2025
- The members-only casino will continue to operate under the Crown London name until the transaction is finalized
Wynn Resorts will acquire Crown London (Aspinalls), a members-only casino located in London’s Mayfair district, from Crown Resorts in a transaction still subject to regulatory approval, which is anticipated during the second half of 2025.
“This acquisition of an iconic asset offers us a presence in a global gateway city and will create a conduit for Wynn guests to visit our resorts, particularly Wynn Al Marjan Island which is slated to open in the first quarter of 2027 in Ras Al Khaimah in the United Arab Emirates,” Wynn Resorts CEO Craig Billings said.
Crown London currently offers 20 gaming tables throughout numerous salons, also including a restaurant and lounge for guest entertainment purposes. Crown Resorts is an Australian-based operator that was acquired by Blackstone in February 2022 for an estimated $6.3bn.
This sale, which perhaps came at a reduced fee due to supposed maladministration of Crown Resorts at the time of purchase, saw Blackstone purchase all shares in the operator at a price of $9.30 per share.
Good to know: Wynn Resorts’ proposed $12bn casino complex development project in Manhattan’s Hudson Yard was rejected by a local community board on January 9
The members-only casino will continue to operate under the Crown London name until the transaction is finalized. Wynn Resorts is also constructing an integrated casino resort in the United Arab Emirates, scheduled to open in 2027.
Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding.
