Wednesday, July 24, 2024

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Wynn’s UAE gamble could be “in trouble” if Dubai chooses to allow casino: analyst

Wynn Resorts’ casino in the United Arab Emirate of Ras al-Khaimah could be “really in trouble” if nearby Dubai also chooses to allow gaming in the emirate.

China state group awarded $1.2 bln contract for the future Dubai leisure island with MGM IR

Dubai developer Wasl has awarded an estimated $1.2 billion contract to Beijing-based China State Construction Engineering Corporation (CSCEC) to develop a future entertainment and tourism island where a planned MGM integrated resort will be located.

Ras Al Khaimah and Abu Dhabi push forth with casino plans, Dubai halts gaming drive

The emirates of Ras Al Khaimah and Abu Dhabi will push ahead with plans to open casinos in the UAE after Dubai reportedly pulled out of the race, Bloomberg reported.

MGM’s Dubai IR project awaiting UAE approval: CEO

MGM Resorts International CEO Bill Hornbuckle expressed optimism that the United Arab Emirates (UAE) would become a hub for casino resorts and pointed out that the group's project is awaiting a nod from the Emirati authorities.

Fastex granted initial approval from Dubai’s VARA

Fastex, the complete Web3-driven ecosystem, announces that it has received initial approval from the Virtual Assets Regulatory Authority of Dubai (VARA). While this will not allow Fastex to undertake any virtual asset activity in and from the Emirate of Dubai yet, it is the first step in Fastex securing a full regulatory licence.

No plans to allow gaming in Dubai: Tourism official

A senior Dubai official says there are no current plans to allow gaming in the emirate, unlike its neighbor Ras Al Khaimah, which will be home to the UAE’s first Wynn Resorts-built casino. 

MOA Gaming to make its debut at SIGMA Asia Dubai

MOA Gaming, an iGaming platform provider, said it will be joining SIGMA Asia for the first time to showcase its products, platform and region-specific services.

Caesars stands ready to capture gaming opportunity in Dubai

Caesars Entertainment chief executive Tom Reeg says that the company remains ready to offer gaming in Dubai should regulations allow. 

Sri Lanka’s “new Dubai” to allow gaming

A Chinese-controlled special economic zone in Sri Lanka is set to have regulation that will cover gaming, according to a draft law, local media reports. 

HKJC to offer World Pool on Dubai World Cup meeting

The Hong Kong Jockey Club will offer World Pool betting for the Dubai World Cup meeting (27 March) at Meydan Racecourse.