Casino Development Advances in the United Arab Emirates
The prospect of casino gaming in the United Arab Emirates is gaining momentum. A major international resort and casino operator has formally submitted its application for a casino license in Abu Dhabi, signaling a significant step towards establishing regulated gaming in the region.
The application process involves approvals from both the federal government and the Abu Dhabi government. The operator hopes to receive further updates from Abu Dhabi regarding federal mandates and oversight later this year.
Strategic Significance of UAE Gaming
The UAE presents a compelling market opportunity due to its substantial expatriate population, which constitutes a large percentage of the country’s residents. While gaming may be restricted for Emirati citizens, the significant influx of tourists and expatriates creates a potentially lucrative market.
“The UAE is a major travel hub, with Dubai International Airport serving as a key gateway for travelers from India, the Middle East, and China.”
The operator expressed enthusiasm about the potential of the UAE market and its desire to establish a presence there.
Existing Developments and Future Prospects
The operator already has a property under development in Dubai, featuring hotel rooms and potential space for gaming facilities, should Dubai decide to permit it. However, Dubai has not yet made a decision regarding gaming.
Other Operators Await Licensing Decisions
Another major resort company is actively developing a property in Ras Al-Khaimah, awaiting its casino license from the General Commercial Gaming Regulatory Authority (GCGRA). The property is slated to open in 2027.
The GCGRA has already issued a license to operate the UAE Lottery to a specific business. The board of directors has visited the resort under construction, but there have been no further updates on its license. The CEO of the resort company expressed optimism about the progress of the licensure process.
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