Introduction and Key Developments ABU DHABI: The United Arab Emirates (UAE) has taken a significant step towards legalising gambling by awarding its first lottery licence, hinting at the possibility of future casinos and other gaming activities in the country. The UAE’s general commercial gaming regulatory authority announced that The Game LLC will operate the UAE…
Growing Belief in Marjan Island’s Potential Many believe Marjan Island in the United Arab Emirates (UAE) might become a major gambling area like Las Vegas or Macau. This is surprising because gambling is banned under Islamic law and is still illegal in the UAE. Currently, no casinos exist in the six Gulf Cooperation Council countries:…
Ixia Capital, a new venture capital (VC) fund, is aiming to benefit from the promising future of online gaming in the United Arab Emirates (UAE) with its $20 million (£15.8 million/€18.7 million) fund. This fund, run by experienced professionals in gaming and finance, will invest in “high-growth” gambling companies from the seed stage to Series…
Wynn Resorts’ (NASDAQ: WYNN) plan to build a casino resort in Ras Al Khaimah, UAE, might face challenges if Dubai decides to allow casino gaming, says an analyst. At the recent G2E Asia conference in Macau, Seaport Research senior analyst Vitaly Umansky mentioned that the Wynn project could be at risk if Dubai permits regulated…
In the last year, Forza Gold has become a well-known name for online casino players in Tunisia. Our team always digs deep into casinos before we decide to write a review. It didn’t take us long to figure out that Forza Gold is not a casino we’d recommend to our readers. Let’s walk you through…
Dubai, United Arab Emirates — Brace yourselves, gamesters and punters! The United Arab Emirates has taken a monumental leap forward in the commercial gaming landscape by officially announcing the birth of the General Commercial Gaming Regulatory Authority (GCGRA). And guess what? This isn’t just another rubber-stamp institution; it’s got industry heavyweights at the helm. Why…
