{"id":777009361,"date":"2023-09-18T08:14:57","date_gmt":"2023-09-18T11:14:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777009361"},"modified":"2026-04-22T18:01:25","modified_gmt":"2026-04-22T21:01:25","slug":"uae-gaming-regulation-could-come-before-year-end-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/uae-gaming-regulation-could-come-before-year-end-analysts-say","title":{"rendered":"UAE gaming regulation could come before year-end, analysts say"},"content":{"rendered":"\n

JP Morgan analysts expect “some form” of gaming regulation in the United Arab Emirates.<\/p>\n\n\n\n\n\n\n\n

United Arab Emirates.- Analysts at JP Morgan Securities<\/strong> say they believe that gaming regulation may be introduced in the United Arab Emirates (UAE) before the year’s end.\u00a0In a memo released on Friday (September 15), JP Morgan Securities analysts Joseph Greff, Ryan Lambert and Samuel Nielsen noted the establishment of the General Commercial Gaming Regulatory Authority (GCGRA)<\/a>\u00a0as a significant milestone.<\/p>\n\n\n\n

They expressed optimism about the GCGRA’s leadership, noting their industry expertise and connections to US-based gaming operators and regulatory bodies.\u00a0The government has named\u00a0Kevin Mullally<\/strong>, a veteran of US gambling regulation, as the GCGRA\u2019s chief executive. Other appointments include former MGM Resorts International general director\u00a0Jim Murren\u00a0<\/strong>as chair. <\/p>\n\n\n\n

Several operators are already pressing ahead, expecting regulation to come soon. Wynn Resorts expects to open a US$3.9bn casino resort, Wynn Al Marjan Island, in Ras Al Khaimah<\/strong>, in early 2027. Craig Billings<\/strong>, CEO of Wynn Resorts, expressed an expectation of obtaining a gaming licence for Ras Al Khaimah during the company’s second-quarter earnings call.\u00a0<\/p>\n\n\n\n

Meanwhile,\u00a0Bill Hornbuckle<\/strong>, CEO and president of MGM Resorts International, has expressed confidence in being authorised to operate a casino in the UAE. It has a project in Dubai.<\/p>\n","protected":false},"excerpt":{"rendered":"

JP Morgan analysts expect “some form” of gaming regulation in the United Arab Emirates.<\/p>\n","protected":false},"author":176,"featured_media":13997,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"JP Morgan analysts anticipate the introduction of gaming regulation in the United Arab Emirates (UAE) by year-end, citing the establishment of the General Commercial Gaming Regulatory Authority (GCGRA) and its experienced leadership. Major operators like Wynn Resorts and MGM Resorts International are proactively positioning themselves for market entry, with significant integrated resort projects underway or planned. This development signals a pivotal shift in the UAE's economic diversification strategy and the regional iGaming landscape.","focusai_entities":"JP Morgan Securities, Joseph Greff, Ryan Lambert, Samuel Nielsen, General Commercial Gaming Regulatory Authority, GCGRA, Kevin Mullally, MGM Resorts International, Jim Murren, Wynn Resorts, Wynn Al Marjan Island, Craig Billings, Bill Hornbuckle","focusai_location":"United Arab Emirates, UAE, Ras Al Khaimah, Dubai","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"GCGRA Regulatory Framework?","query":"What specific regulatory compliance challenges might the GCGRA face in harmonizing international best practices with local governance frameworks for commercial gaming?"},{"label":"UAE Market Impact?","query":"How will the anticipated UAE gaming market impact the regional competitive landscape for integrated resorts and digital gaming verticals, particularly concerning GGR and NGR projections?"}],"footnotes":""},"categories":[156,16334],"tags":[23911],"class_list":["post-777009361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation-news","category-south-asia-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777009361"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009361\/revisions"}],"predecessor-version":[{"id":777009364,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009361\/revisions\/777009364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13997"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}