Yes, it sounds very impossible, but what began as rumors and whispers within the Global Gambling industry is now starting to gain more ground. We could soon see gambling in the United Arab Emirates (UAE) and see a new gambling hotspot. One of the smaller of the emirates, Ras Al Khaimah (RAK), has recently announced that they are planning to allow a regulated gambling market in certain resorts. The middle east is, of course, quite an interesting market for gaming as well as the PPH sportsbook industry.
In a similar report in online gambling industry news, Wynn Resorts of the Las Vegas Casino fame, has also announced that they will be building a resort in a man-made island. This resort will be licensed for gambling. This is, of course, surprising news for a region that has traditionally been unfriendly towards gambling.
Dubai as the Next Gambling Hotspot
Currently, people who want to gamble in the country could do so, if they would visit Lebanon’s Casino du Liban, or some Egyptian hotels. In the UAE, each emirate will have the authority to decide if they will want to regulate gambling in their area. This policy would be similar to how Sharjah does not allow the purchase of alcohol, while other emirates allow it.
There is no specific timeline announced, but many insiders believe that this could happen soon. Given that the interest in gambling in the UAE is now gaining traction, many gambling companies will now be looking into investing in the country. Currently, residents have access to the Loto, as well as some race courses. However, there is also no information if this will be a foreigner-only industry, or if citizens will be allowed to gamble as well.
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