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Legal
October 14, 2024
Dubai Authorities Apprehend Illegal Gambling Kingpin
In a significant crackdown on illegal gambling operations, Dubai authorities have arrested Saurabh Chandrakar, the notorious mastermind behind the Mahadev Online Book. Chandrakar was on the radar of law enforcement agencies across India and abroad and finally got apprehended by UAE officials on charges of money laundering. The arrest marks the culmination of a multinational […]
Casino
October 11, 2024
JPMorgan Analysts Forecast Prosperity for Wynn’s UAE Casino
The new casino resort that Wynn Resorts is building in the United Arab Emirates (UAE) will do well, JPMorgan analysts say. They believe this because of the good mix of people and tax rules in the area. Wynn Al Marjan Island Set to Be the UAE’s First Legal Casino Resort in 2027 The resort on […]
Casino
October 9, 2024
Wynn Pumps Up Its Budget for Wynn Al Marjan Island
Casino and hospitality giant Wynn Resorts has opted to increase its investment in Wynn Al Marjan Island, its upcoming property in the United Arab Emirates. This announcement comes shortly after the company secured the first commercial gaming license in the region. The Company Just Secured The First Local License Wynn Al Marjan Island is set […]
Industry
October 7, 2024
UAE Awards First Commercial Gaming License to Wynn Resorts
In 2023, Wynn Resorts, the leading gaming, hospitality and entertainment operator, began the construction of its ambitious project in the United Arab Emirates (UAE), Wynn Al Marjan. Now, the company reached a major milestone after securing the first commercial gaming license in the jurisdiction. Wynn Received the License After Extensive Review The license was awarded […]
Industry
September 30, 2024
Morgan Stanley: UAE Casinos Could Rival Singapore
Finance experts are optimistic about the future of casino gaming in the United Arab Emirates, believing the local industry could challenge long-established gambling hubs such as Singapore. Morgan Stanley Analysts Are Optimistic According to Morgan Stanley, an American multinational investment bank and financial services company, casino resorts in the UAE could potentially generate gross gaming […]
Business
September 23, 2024
MGM Submits Application for Abu Dhabi Casino License
The recognizable gaming and hospitality giant, MGM Resorts, announced it has submitted a license application for a United Arab Emirates (UAE) casino. The Company Is Among the First to Apply for a Casino License The exciting news came during the Skift Global Forum 2024 last week. Bill Hornbuckle, MGM’s CEO, confirmed the strategic move that […]
Business
August 21, 2024
Wynn Appoints Max Tappeiner as Wynn Al Marjan President
Wynn Resorts has designated Max Tappeiner as the president of its Wynn Al Marjan Island property. Tappeiner, who is set to step into the office on September 1, 2024, will stand at the helm of the new resort, overseeing the company’s foray into the United Arab Emirates. Tappeiner Replaces Schoen In his new position, Tappeiner […]
Industry
August 5, 2024
Diplomats Questioned About Casino at Uganda Embassy in Dubai
On July 24, Uganda’s Shadow Minister for Foreign Affairs, Hon. Muwada Nkunyingi, expressed concern and called for a complex investigation into allegations saying diplomats were running a casino in Dubai’s Ugandan Consulate. During the same statement, the minister said the misdeeds of the diplomats, which broke the laws of both the United Arab Emirates (UAE) […]
Sports
July 30, 2024
Sharabutdin Magomedov vs. Michal Oleksiejczuk UFC on ABC 7 Odds, Time, and Prediction
Sharabutdin “Shara Bullet” Magomedov is one of the most interesting UFC prospects today. Also known as the Dagestani Pirate for the fact that he lost his eye due to fighting, Magomedov is 13-0 overall with 11 wins by knockout/technical knockout. He’s favored to add another victory to his resume, but it won’t be easy as […]
Industry
July 29, 2024
UAE’s Gaming Authority Publishes Its Regulatory Ruleset
Gambling might finally be coming to the United Arab Emirates, as the local regulator finally provided an insight into its plans. The official General Commercial Gaming Regulatory Authority (GCGRA) website is finally available, outlining the UAE’s vision. Gaming Seems to Be Coming to the UAE Following the recent approval of the first lottery license, the […]