Wynn Resorts, the renowned Las Vegas-based casino operator, has announced its agreement to acquire Crown London Aspinalls, an exclusive members-only casino situated in London's prestigious Mayfair district. This strategic acquisition marks Wynn Resorts' inaugural entry into the United Kingdom's gaming market, aligning with its broader objective to expand its presence across Europe and the Middle East.
Crown London Aspinalls, housed within two historic townhouses, offers 20 gaming tables, a restaurant, and an entertainment lounge, catering to an elite clientele seeking a sophisticated gaming experience. The transaction is currently pending regulatory approvals and is anticipated to conclude in the latter half of 2025. Until the deal's finalization, the casino will continue its operations under the Crown London name.
Craig Billings, Chief Executive Officer of Wynn Resorts, emphasized the significance of this acquisition, stating, "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." He further highlighted the strategic advantage of connecting guests between their U.S. properties and the upcoming Wynn Al Marjan Island in the United Arab Emirates, slated to open in early 2027.
Crown Resorts, an Australian gaming and entertainment conglomerate, has been refocusing its investments towards its domestic operations in Melbourne, Perth, and Sydney. The decision to divest Crown London Aspinalls aligns with this strategy, allowing the company to concentrate on enhancing sustainable growth and guest experiences within Australia. Crown Resorts was acquired by the private equity firm Blackstone in June 2022, marking a significant transition in its corporate trajectory.
This acquisition signifies a pivotal development in the global gaming industry, as Wynn Resorts extends its footprint into the UK market. The integration of Crown London Aspinalls into Wynn's portfolio is expected to enhance the company's international presence and provide a seamless experience for its global clientele.
