UAE casino boom looms after publication of gambling regulations

The United Arab Emirates (UAE) has officially approved its first gaming license and unveiled comprehensive new regulations governing the casino and gambling industries.

This landmark decision positions the UAE as the pioneer in legalising gaming within the Gulf region.

On Sunday, the General Commercial Gaming Regulatory Authority (GCGRA) revealed its detailed regulatory framework, which had been under wraps until now.

The new guidelines establish a structured approach to managing various gaming activities, including the issuance of casino licenses, oversight of slot machines, and regulation of poker tables.

Jim Murren, Chairman of the GCGRA, underscored the significance of this development.

“The launch of the UAE Lottery is a pivotal event that not only establishes a disciplined regulatory framework for lottery activities but also demonstrates our commitment to fostering a secure and sophisticated commercial gaming environment in the UAE,” Murren stated.

The regulations encompass a broad spectrum of gaming activities, from lotteries and internet gaming to sports betting and land-based casinos. The GCGRA’s website now lists the types of games to be regulated, such as slots, roulette, blackjack, baccarat and craps.

As of now, only one license has been granted: The Game LLC has been approved to operate the UAE Lottery.

This company, specialising in lottery operations and game development, is the sole entity authorised to offer gaming services under the new rules.

Consequently, established lottery operators like Mahzooz and Big Ticket will need to cease their activities until they meet the new licensing requirements.

While the regulatory framework for casinos is now established, no casino properties have yet been licensed.

However, excitement is growing around major projects such as Wynn Al Marjan Island, which is anticipated to be the first to secure a gaming license by its expected 2027 opening.

Other potential entrants include Atlantis Dubai and MGM Dubai, both of which are exploring opportunities in the UAE’s emerging gaming market.

Wynn Resorts, in partnership with RAK Hospitality, is poised to play a significant role in this new sector.

Wynn CEO Craig Billings has hinted at future developments, including additional hotels and a new “Marjan Strip” concept around Wynn Al Marjan Island.

According to analysts at CBRE, the UAE’s casino sector could eventually generate up to US$8.5 billion in revenue, driven by the country’s robust tourism infrastructure and luxury market.

CBRE’s John Decree said that “the UAE represents one of the most compelling opportunities in global gaming”.

To ensure responsible gaming, the GCGRA has implemented several regulations, including mandatory cooling-off periods for online gaming, deposit-limit tools, and self-exclusion programs.

The authority also stresses the importance of engaging only with licensed operators and staying informed about gaming risks.