Jim Murren, chairman of the General Commercial Gaming Regulatory Authority, says the UAE market could surpass that of Singapore.
United Arab Emirates.- The chair of the General Commercial Gaming Regulatory Authority (GCGRA) has suggested that more casinos in the United Arab Emirates could be the horizon. Speaking at the Skift Global Forum East, Jim Murren said he expects between two and four integrated resorts to open in the country in the next five to ten years.
“I think the market here in the UAE will be bigger than Singapore,” Murren said, noting that any further casinos would be in emirates other than Ras Al Khaimah, where Wynn Resorts is currently building the country’s first licensed casino. MGM said over a year ago that it had applied for a licence in Abu Dhabi.
Wynn Al Marjan Island remains on schedule for completion in early 2027, according to Marjan Properties. The 70-storey beachfront resort will feature over 1,500 rooms, a 21,000-square-metre gaming floor, 22 restaurants and lounges, a marina, and luxury entertainment facilities. It is expected to be a cornerstone of Ras Al Khaimah’s goal to attract 3.5 million visitors annually by 2030.
It’s also been suggested that the GCGRA may advance with online gaming regulation, potentially granting one online gambling licence per emirate. Analysts estimate that the UAE’s gaming industry could contribute up to 1.7 per cent of the country’s GDP, generating between US$3bn and US$10bn annually.
Jim Murren, chairman of the General Commercial Gaming Regulatory Authority, says the UAE market could surpass that of Singapore. United Arab Emirates.- The chair of the General Commercial Gaming Regulatory…
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