Wynn Resorts has made history by becoming the first operator to secure a casino license in the United Arab Emirates (UAE). The renowned Las Vegas-based company recently announced that it has received approval from the General Commercial Gaming Regulatory Authority (GCGRA) to move forward with its plans. This groundbreaking development comes as a significant milestone for the region, considering that Islamic law traditionally prohibits gambling activities.
The approval from the GCGRA paves the way for Wynn Resorts to proceed with the construction of a luxurious resort in Ras Al Khaimah, located just 65 miles from Dubai. The resort is scheduled to open its doors to the public in early 2027, offering a world-class gaming and entertainment experience to visitors from around the globe. In a statement released by Wynn Resorts, the company expressed its excitement about playing a pivotal role in the growth of the UAE’s tourism economy. They also extended their gratitude to the GCGRA for entrusting them with this significant opportunity.
The decision to grant Wynn Resorts a casino license marks a significant shift in the UAE’s stance on gambling. For years, lawmakers in the country have upheld strict regulations against gambling, citing religious and cultural reasons. However, in September 2023, the establishment of the gambling regulator signaled a change in the government’s approach. The GCGRA made headlines earlier when it issued its first lottery license in July, allowing The Game LLC to offer lottery games in the UAE.
Following in the footsteps of Wynn Resorts, MGM Resorts International has also thrown its hat into the ring by submitting a license application for a casino in the UAE. CEO Bill Hornbuckle has expressed optimism about the potential for MGM to secure approval to develop a casino in Abu Dhabi, further expanding the country’s gaming industry.
The emergence of Wynn Resorts and MGM Resorts International in the UAE’s casino landscape signifies a new era of growth and opportunity for the region. As the country takes bold steps towards diversifying its economy and attracting international tourists, the introduction of world-class gaming facilities promises to enhance the overall tourism experience in the UAE. With Wynn Resorts leading the way as the first licensed operator, the future of the UAE’s gaming industry looks bright and promising.