{"id":8357,"date":"2023-09-06T11:29:45","date_gmt":"2023-09-06T08:29:45","guid":{"rendered":"https:\/\/igamingafrika.com\/?p=8357"},"modified":"2023-09-06T11:29:45","modified_gmt":"2023-09-06T08:29:45","slug":"uae-establishes-first-gambling-regulatory-board","status":"publish","type":"post","link":"https:\/\/igamingeuropa.com\/index.php\/2023\/09\/06\/uae-establishes-first-gambling-regulatory-board\/","title":{"rendered":"UAE Establishes First Gambling Regulatory Board"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>As part of its efforts to legalize casinos and lotteries, the United Arab Emirates (UAE) has established a federal agency to control commercial gambling.<\/strong> <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">UAE Gambling Regulatory Board<\/mark><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government-owned<a href=\"https:\/\/www.wam.ae\/en\" target=\"_blank\" rel=\"noreferrer noopener\"> Emirates News Agency<\/a> (WAM) confirmed the information on September 3. The General Commercial Gaming Regulatory Authority (GCGRA) is the name of the recently established authority.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It pledged to establish a &#8220;world-leading regulatory framework&#8221; for commercial gaming and the national lottery in the United Arab Emirates, which is increasingly poised to become the first Gulf nation to legalize gambling at land-based casinos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The UAE has named Jim Murren as the authority&#8217;s chair and Kevin Mullally as its chief executive, indicating that it wants to use US gambling and gaming talent for its new regulator.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">I am delighted to have been appointed as the inaugural CEO of the GCGRA. With my experienced colleagues, I look forward to establishing a robust regulatory body and framework for the UAE\u2019s lottery and gaming industry.<\/p>\n<cite>Kevin Mullally<\/cite><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also: <a href=\"https:\/\/igamingafrika.com\/gambling-events\/sigma-africa-2024-to-take-place-in-cape-town-south-africa\/\" target=\"_blank\" rel=\"noreferrer noopener\">SiGMA Africa 2024 to take place in Cape Town, South Africa<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although UAE government representatives have stated that there are no immediate plans to legalize gambling, casino owners are growing more optimistic that a shift is being explored as the nation works to maintain its status as a top tourist destination.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">The emirate has already seen an influx of newcomers and tourists largely stemming from its handling of the pandemic and attractiveness as a wealth haven.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of casinos could further boost its tourism sector \u2014 a key pillar of the emirate\u2019s economy \u2014 that\u2019s been booming and escaped much of the geopolitical and economic uncertainty elsewhere in the world.<\/p>\n<cite> Omar Tamo, Reporter Bloomberg<\/cite><\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">After unveiling plans to create a $3.9 billion integrated resort in Ras Al Khaimah, the UAE&#8217;s second-largest city, the US casino giant Wynn Resorts anticipates &#8220;soon&#8221; receiving a license from the regulator.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the UAE, where Islam serves as the primary foundation for legislation, allowing and regulating gambling would be a significant change. Islam forbids gambling, which is currently outlawed in the nation and punishable by a fine or a two-year prison term. <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-white-color\">UAE Gambling Regulatory Board<\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of its efforts to legalize casinos and lotteries, the United Arab Emirates (UAE) has established a federal agency to control commercial gambling. UAE Gambling Regulatory Board The government-owned Emirates News Agency (WAM) confirmed the information on September 3. The General Commercial Gaming Regulatory Authority (GCGRA) is the name of the recently established authority. &hellip;<\/p>\n","protected":false},"author":3,"featured_media":8377,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,25],"tags":[75,225],"class_list":["post-8357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-gambling","category-news","tag-gambling","tag-uae"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UAE Establishes First Gambling Regulatory Board<\/title>\n<meta name=\"description\" content=\"United Arab Emirates (UAE) has established a gambling regulatory board to control commercial gambling activities in the nation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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