{"id":5915,"date":"2023-10-16T10:16:40","date_gmt":"2023-10-16T10:16:40","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/10\/16\/mgm-resorts-and-wynn-resorts-eyeing-uaes-gaming-boom\/"},"modified":"2023-10-16T10:16:40","modified_gmt":"2023-10-16T10:16:40","slug":"mgm-resorts-and-wynn-resorts-eyeing-uaes-gaming-boom","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/10\/16\/mgm-resorts-and-wynn-resorts-eyeing-uaes-gaming-boom\/","title":{"rendered":"MGM Resorts and Wynn Resorts Eyeing UAE\u2019s Gaming Boom"},"content":{"rendered":"<div>\n<p>MGM Resorts International CEO Bill Hornbuckle expressed optimism about the United Arab Emirates (UAE) possibly becoming into a successful center for casino resorts during a speech at the <a href=\"https:\/\/igaming.org\/casino-news\/the-evolution-of-igaming-a-journey-through-digital-entertainment\/\">Global Gaming Expo<\/a> (G2E) hosted in Las Vegas. Hornbuckle presented the ambitious project by MGM Resorts and Wasl Asset Management Group in Dubai, which includes a casino as part of its development. This amazing project, which includes MGM, Bellagio, and Aria, has a flexible area of 150,000 square feet while waiting for UAE officials to approve the addition of gaming to the mix.<\/p>\n<p>This declaration follows the UAE\u2019s historic decision to create the General Commercial Gaming Regulatory Authority (GCGRA), the country\u2019s first gaming regulatory body. This regulating body\u2019s appointment of former MGM CEO Jim Murren as its chairman marks a significant change in the UAE\u2019s policy toward gambling, which has always been outlawed by Sharia law. Recent evidence suggests that the UAE\u2019s attitude to gaming is about to undergo a paradigm change.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/7bit.partners\/p617d974b\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Analysts from JPMorgan have also weighed in, speculating that the UAE may approve a whole gaming framework in 2023, with the recently constituted regulatory body apparently accelerating its operations.<\/p>\n<p>Hornbuckle expressed confidence about MGM\u2019s presence in Dubai, where a casino is already up and running, but he also underlined the need to continue slowly and take things one step at a time in this revolutionary journey.<\/p>\n<h2>MGM and Wynn Gear Up for Billion-Dollar UAE Market<\/h2>\n<p>Major casino players have taken notice of the UAE\u2019s gaming sector due to its enormous potential. According to industry analysts, the UAE\u2019s gambling business may generate up to $6.6 billion in casino revenue annually, competing with well-known gambling hotspots like Singapore and Macau. Due to this, MGM Resorts and its competitors, including Wynn Resorts, are working hard to become ready for a market that may surpass Singapore, which already has two prestigious casinos, including the famed Marina Bay Sands.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>While Dubai is at the forefront of these advancements, other emirates in the UAE are also looking into gaming-related potential. According to a recent study by Knight Frank, 59% of respondents think Dubai will ultimately have at least one gaming location, and 58% of respondents think the same thing about Abu Dhabi, the capital of the United Arab Emirates. Additionally, 48% of respondents predict the development of integrated resorts in other emirates.<\/p>\n<p>The UAE\u2019s tourist industry is being redefined by the impending inflow of casinos. The difficulty for other emirates, though, is catching up to Dubai\u2019s sophisticated infrastructure, which includes the busy Dubai International Airport, which admirably handled more than 66 million people in 2022. Hornbuckle is unwaveringly positive about the future despite these difficulties, highlighting MGM\u2019s long-standing partnership with Dubai and its capacity to adjust to a variety of situations, such as stock investments or outright leasing of gaming facilities.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/mgm-resorts-and-wynn-resorts-eyeing-uaes-gaming-boom\/\">MGM Resorts and Wynn Resorts Eyeing UAE\u2019s Gaming Boom<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MGM Resorts International CEO Bill Hornbuckle expressed optimism about the United Arab Emirates (UAE) possibly becoming into a successful center for casino resorts during a speech at the Global Gaming Expo (G2E) hosted in Las Vegas. Hornbuckle presented the ambitious project by MGM Resorts and Wasl Asset Management Group in Dubai, which includes a casino [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-5915","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=5915"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5915\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=5915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=5915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=5915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}