Wynn Resorts make first UK acquisition with Crown London Aspinalls purchase

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Wynn Resorts have announced that they are set to acquire Crown London Aspinalls, a small members-only casino based in London’s high-end Mayfair district. 

The acquisition is subject to the receipt of customary regulatory approvals, which are anticipated to come in the second half of 2025. 

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This is the first European venture for the company, who have resorts in Las Vegas, Boston, Macau and one upcoming in the United Arab Emirates. 

Crown London spans two historic townhouses in Mayfair, with 20 gaming tables that host a variety of games, as well as a restaurant and lounge for entertainment. 

Wynn Resorts CEO Craig Billings said, “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." 

This continues Wynn’s expansion outside of the USA, where their headquarters are based, and provides some good news for the company after their plans for a casino in New York were rejected by the Manhattan Community Board earlier this week. 

While the value of the transaction has not been said, Crown Resorts have confirmed that the transaction allows them to focus on growing their core strategic assets in Australia. 

They will now work with Wynn Resorts to support a smooth and easy transition of ownership. 

Speaking on the sale, David Tsai, who was appointed as CEO of Crown in October, emphasised that the deal will allow them to focus on their Australian assets: “The sale of Crown London aligns with our strategy to invest in our Australian assets and customer offering to deliver sustainable growth for the business in our core market.

“Our priority is to deliver new and elevated experiences for our guests in Melbourne, Perth and Sydney in line with our strategy to be the leading entertainment destinations in Australia.” 

Last year, Crown offloaded their entire 20% stake in the global restaurant chain Nobu, which showcases the company’s current decision to divest their non-core assets. 

Billings believes that having purchased Crown London Aspinalls that it will allow visitors to gain an understanding of their casinos, potentially providing a gateway for members to visit one of the Wynn Resorts overseas, especially Wynn Al Marjan Island, which will be opened in 2027. 

This will be the first integrated resort to open in the United Arab Emirates, located just 50 miles from the Dubai International Airport, built in partnership with Marjan and RAK Hospitality Holding. 

The resort will feature over 1,000 rooms, as well as 22 restaurants, bars, lounges, with a theatre, nightclub and beach club, adjacent to the Arabian Gulf, to go with it.