Abu Dhabi Eyes Casino Opportunity
Following the buzz surrounding the upcoming casino on Al Marjan Island, a new development suggests Abu Dhabi might soon join the ranks of cities offering casino entertainment.
While official confirmation is pending, reports indicate that MGM Resorts, a major entertainment company, has applied for a casino license in Abu Dhabi. The company’s CEO, Bill Hornbuckle, mentioned at a recent forum that the proposal is under review by federal authorities.
“We are optimistic about securing this license,” stated Mr. Hornbuckle, emphasizing the autonomy of individual cities or states in licensing decisions. “We hope to gain a clearer understanding of Abu Dhabi’s expectations and federal guidelines this year, allowing us to move forward.”
If MGM’s application proves successful, it could signal a broader embrace of gaming within the region. It’s anticipated that other major players have also submitted proposals since the General Commercial Gaming Regulatory Authority (GCGRA) began accepting license applications a few months ago.
MGM Resorts already has a significant presence in the UAE, developing three luxury hotels in Dubai: an MGM Grand, a Bellagio, and an Aria, all situated on a dedicated island. However, these establishments currently lack gaming licenses, potentially positioning Abu Dhabi as the frontrunner in this burgeoning sector.
This news could mark the beginning of a new chapter for the United Arab Emirates, potentially opening up to the gaming industry. The question remains: will Abu Dhabi become the next premier destination for casino enthusiasts worldwide?
Key Takeaways:
- Abu Dhabi may soon host a casino.
- MGM Resorts has applied for a license.
- The UAE could be opening up to the gaming industry.
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