header banner

UAE Establishes Gaming Regulator Under the Direction of US Industry Veterans

Table of Contents

    The United Arab Emirates has set up a federal entity to regulate gaming, and it hired veterans of the U.S. gambling industry to lead it, state news agency WAM said.

    Yearslong speculation that the UAE would allow gambling — illegal across the conservative Gulf region — was put to rest when it was announced that Ras Al Khaimah, one of the UAE's seven emirates, was set to open a roughly $3.9 billion Wynn Resort featuring a casino.

    The moves to allow gambling in the UAE are against a backdrop of intensifying economic competition in the Gulf, especially with Saudi Arabia. The UAE has introduced a raft of liberal legal reforms as it tries to maintain its edge as the region's trade, tourism and financial hub.

    The newly created General Commercial Gaming Regulatory Authority will be chaired by Jim Murren while Kevin Mullally will serve as chief executive, WAM said.

    FILE - Former Co-chairperson and Executive Director Jim Murren attending MGM China's investors IPO roadshow in Hong Kong May 17, 2011.

    FILE - Former Co-chairperson and Executive Director Jim Murren attending MGM China's investors IPO roadshow in Hong Kong May 17, 2011.

    "With my experienced colleagues, I look forward to establishing a robust regulatory body and framework for the UAE's lottery and gaming industry," WAM quoted Mullally as saying.

    Mullally was at Gaming Laboratories International for more than 17 years, according to his LinkedIn profile. Before that, he was executive director of the Missouri Gaming Commission that regulates riverboat gambling. Murren was chairman and chief executive of MGM Resorts International from 2008 to 2020, according to his LinkedIn profile.

    "The GCGRA will create a socially responsible and well-regulated gaming environment, ensuring that all participants adhere to strict guidelines and comply with the highest standards. It will coordinate regulatory activities, manage licensing nationally and facilitate unlocking the economic potential of commercial gaming responsibly," WAM said.


    Article information

    Author: Claudia Weaver

    Last Updated: 1703334962

    Views: 907

    Rating: 4.7 / 5 (115 voted)

    Reviews: 83% of readers found this page helpful

    Author information

    Name: Claudia Weaver

    Birthday: 1933-04-29

    Address: 5719 Burnett Stream, North Travis, SC 05597

    Phone: +4112693701882737

    Job: Artificial Intelligence Specialist

    Hobby: Fencing, Skateboarding, Coffee Roasting, Fishing, Sewing, Wildlife Photography, Wine Tasting

    Introduction: My name is Claudia Weaver, I am a rich, unguarded, treasured, Adventurous, dazzling, vivid, courageous person who loves writing and wants to share my knowledge and understanding with you.