A Quiet Gamble: Gaming Industry Emerges in the UAE
A significant cultural shift may be underway in the United Arab Emirates. While officially a taboo subject for its citizens, a substantial gaming industry targeting international visitors is quietly taking shape.
Signs of Change
Several indicators point towards this development:
- The establishment of a national gaming authority.
- The relocation of experienced casino executives to the Emirates.
- The progression of ambitious hotel projects.
Recently, a major resort company announced it had secured a license to operate a “gaming facility” in the UAE, marking a first for the nation.
Economic Impact
The potential economic impact is considerable. Once fully established, the gaming industry could contribute significantly to the UAE’s GDP, potentially generating billions of dollars annually.
Secrecy and Ambiguity
Despite the activity, a veil of secrecy surrounds the project. Operators are remaining discreet, and insiders are hesitant to speak publicly. This is partly due to the fact that “gambling tools and machines” are still officially restricted goods. A formal gaming law is yet to be enacted, and the newly formed gaming commission remains silent.
For now, the UAE’s journey towards becoming a global gaming destination is a story unfolding discreetly, behind closed doors.
Key Developments
While speculation has circulated for years, the industry began to solidify in early 2022.
Resort Development
In January 2022, Ras Al Khaimah (RAK) announced an “integrated resort” project slated to open in 2027, including a “gaming area.” Later that month, RAK established a Department of Entertainment and Gaming Regulation to oversee these developments.
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