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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 […]
Sports
July 25, 2024
Cory Sandhagen vs. Umar Nurmagomedov UFC on ABC 7 Odds, Time, and Prediction
Cory Sandhagen vs. Umar Nurmagomedov is the main event of UFC on ABC 7 and is a fight that will decide who’s gonna fight Sean O’Malley for the UFC Bantamweight title in the future. So, who is it going to be? Judging by the UFC on ABC 7 odds, Khabib Nurmagomedov’s cousin Umar is likely […]
Sports
July 25, 2024
Tony Ferguson vs. Michael Chiesa UFC on ABC 7 Odds, Time, and Prediction
Tony Ferguson vs. Michael Chiesa is a duel between two UFC veterans who were supposed to meet inside the Octagon a decade ago. Now, they’re both approaching the twilight of their careers, but for the sake of legacy, each of them needs to go all-in on August 3 in Abu Dhabi. Tony Ferguson vs. Michael […]
Business
June 19, 2024
Wynn Aims at Leading Cash Flow Margin amid Funding for UAE Project
Currently under development, Wynn Al Marjan Island, a new luxury resort located in Ras Al Khaimah, United Arab Emirates (UAE), represents an investment of $4 billion. Wynn Resorts’ share in that investment is approximately $900 million. A newly released report acknowledged the importance of the project for the leading gaming and entertainment company, pointing to […]
Industry
June 18, 2024
Ixia Capital Launches with Impressive Ambitions
Ixia Capital, a new venture capital fund and studio, has officially launched with a $20 million investment aimed at high-growth companies in gaming, esports, digital assets, and related technologies. Founded by partners with extensive firsthand experience in the iGaming industry, Ixia’s primary mission is transforming innovative ideas and technologies into profitable business ventures. The Company […]
