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UAE Inks Deal With Casino Giant Wynn As Gulf State Eyes Gambling

Published on Feb 8 2022 12:12 PM in Hotel tagged: UAE / United Arab Emirates / Wynn Resorts Ltd

UAE Inks Deal With Casino Giant Wynn As Gulf State Eyes Gambling

Hotel and casino operator Wynn Resorts will build a luxury resort in Ras Al Khaimah in the United Arab Emirates with a "gaming area", it has said, potentially paving the way for gambling to be allowed in the Muslim Gulf state.

Integrated Resorts

Wynn did not specify if gaming included gambling but in a sign that entertainment rules might be loosened, the Ras Al Khaimah Tourism Development Authority (RAKTDA) said that it has created a new Department of Entertainment and Gaming Regulation to regulate "integrated resorts".

Integrated resorts typically refer to hotels with casinos and other entertainment facilities. In a statement on state media, RAKTDA said that a top priority for the new body will be a regulatory framework ensuring "the responsible practice of recreational gaming at all levels".

Ras Al Khaimah's government communications office, RAKTDA, RAK Hospitality Holding and Wynn Resorts did not immediately respond to requests for comment on whether gambling would be allowed in the sheikhdom.

Wider Legislative Reforms

Diplomats have said that the UAE could move to permit it as part of wider legislative reforms aimed at maintaining its edge as a tourism and business hub amid rising regional competition.

Denied Rumours

Dubai, which is traditionally the most liberal emirate in the UAE, in April denied rumours that it was granting gambling licences. Casino and hotel operator Caesars in 2018 opened a resort on Dubai's Bluewaters Island - its first non-gambling project.

Completion Date And Location

The Wynn resort, announced by Ras Al Khaimah authorities and Wynn, is set for completion in 2026. It will be located on Al Marjan, a man-made island off the coast of Ras Al Khaimah.

Marjan Chief Executive Statement

"The integrated development, featuring a world-class hotel, entertainment and gaming amenities, will add to the emirate's destination strategy to attract tourists from across the world," Abdulla al-Abdooli, chief executive of Marjan, the master-developer of freehold property in Ras Al Khaimah, said in a statement.

MGM Resorts

On another man-made outcrop of land in Dubai, named The Island, three luxury Las Vegas brand hotels from casino operator MGM Resorts are being built and are due for completion in 2022.

Banned

Gambling is banned in Islam and in all of the six Gulf Cooperation Council (GCC) states.

Legal Reform

The UAE last year announced what it called the most sweeping legal reform in the Gulf state's history. Major changes included decriminalising premarital sexual relations and alcohol consumption.

Other recent changes by the UAE include introducing longer-term visas as a way to attract and retain talent and encourage more businesses to set up shop.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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