U.S.-based Wynn Hotels & Resorts is considering the development of a casino resort in the Punta Cana section of the Dominican Republic. The U.S.-based firm could invest up to $6 billion in the project, which could include up to 9,000 hotel rooms, according to the Caribbean Journal.
The Dominican Republic has posted an average annual growth of 5 percent in tourist arrivals since 2012, adding 45.2 million visitors for an industry worth in excess of US$50.6 billion. Last year was the best ever, with an estimated US$7.7 billion according to the Tourism Ministry.
The country already has around 50 casinos, more than any other country in the Caribbean. The Hard Rock Casino in Punta Cana has more than 40 table games and 450 slot machines.
