Dubai Tourism Chief States City Won’t Become Gaming Destination, Despite MGM and Caesars Projects

Date: March 3, 2020 | Category: blog

Dubai Tourism Chief States City Won’t Become Gaming Destination, Despite MGM and Caesars Projects

Dubai will quickly become house to hotel properties branded by MGM Resorts and Caesars Entertainment, but area officials say cannot obtain the wrong concept: casinos and gambling are not visiting the spot.

Dubai houses the world’s tallest building plus some of the most fascinating synthetic islands, but casinos will not presumably be coming anytime soon.

Gambling is considered ‘haram’ under Islamic law: an activity that is forbidden goes against sacred texts present in the Quran.

This week, Dubai Corporation for Tourism and Commerce CEO Issam Kazim was asked if there was a growing appetite to welcome casinos to the city during an interview with Gulf News.

‘No, there isn’t a desire for casinos,’ Kazim declared. ‘ We have to bear in brain that you can find cultural things that really are a priority to us.’

Non-Gaming Horizons

MGM Resorts and Caesars Entertainment, respectively rated # 2 and #5 in terms of gross gaming revenue of the planet’s casino operators, are embarking on the Middle East for the time that is first way of Dubai.

In March 2017, MGM reached an operating agreement with Dubai-based Wasl Hospitality and Leisure to advise on the development of a destination resort, and once completed in 2021, run its operations.

The beachfront that is 26-acre will feature the MGM resort, MGM Residences, and Bellagio Hotel.

Earlier this month, Caesars Entertainment announced a partnership with Meraas, also a Dubai development firm, to manage and operate component of the $1.6 billion Bluewaters that is man-made Island. Caesars is responsible for hospitality and entertainment in the land that is artificial measures roughly 80 acres.

Caesars CEO Mark Frissora stated the venture into Dubai is section of its post-bankruptcy consider expanding to international markets and lending the brand to hoteliers. Bob Morse, the company’s president of hospitality, stated its Bluewaters partners Meraas put any gambling talk ‘to rest very quickly.’

Expanding Tourism

The biggest and many populated town in the United Arab Emirates (UAE), throughout the gamblingprofessors.com last decade Dubai leaders have actually made an endeavor to become less reliant on oil. Expanding the tourism sector is a focal point, and billions of dollars have actually been invested, a lot of which are monies associated with the House of Al Falasi, the Dubai family that is royal.

One of the town’s main draws are the synthetic islands built in the Persian Gulf.

Dubai is today the sixth city that is most-visited the planet, in accordance with the World Economic Forum. Nearly 15 million people checked out in 2017, lots that’s behind only Hong Kong, Bangkok, London, Singapore, and the world’s gambling hub that is richest, Macau.

Dubai is thought to be a city that is progressive and contains eased some restrictions on what’s otherwise considered haram vices. Adult non-Muslims are permitted to consume liquor in licensed venues typically present in city resorts.

But gambling — often included on so-called ‘sin industry’ lists, along with alcohol, tobacco, tools production, and sex-related products — is unlikely to be coming to Dubai anytime soon, if ever.

However, city officials in Dubai have a committed goal of welcoming 20 million tourists per year by 2020, which would make it the third locale that is most-visited the globe.

Shocker, Not: Nevada Most Gambling-Addicted State, Study Reveals

Nevada is America’s most state that is gambling-addicted according to a new study conducted by WalletHub.com, an online finance website that is personal. It’s probably the least surprising study outcomes since the one that showed that more than 50 percent of teens are addicted to their mobile phones.

Nevada holds the record for the most addicted gamblers, a brand new study shows. With no one is surprised. (Image: File/Getty)

That should come as little shock, nevertheless the positioning of various other states into the study results may be worthy of a few elevated eyebrows.

The old-fashioned way, WalletHub says it studied 19 key metric indicators to determine where excessive gambling is most prevalent in its third year evaluating which US states are the most addicted to taking chances with their money.

The evaluation considered two main areas, ‘gambling friendliness’ (a quotient that combined a number of video gaming factors for every single state) and ‘gambling issue and treatment.’ The weighted groups included factors such as for instance the amount of commercial and tribal gambling enterprises per capita, and percentage of grownups with gambling disorders and parallel number that is available of counselors.

Nevada topped the list of most gambling-addicted states with a score that is total of. It ranked first in gambling friendliness, and 10th in gambling treatment and problem.

Nevada has got the most gambling enterprises and gaming devices per capita, and rate that is fifth-highest of addiction.

One might suspect nj-new Jersey or Pennsylvania in the future next, but that ‘honor’ goes to South Dakota, which scored 53.1. Rounding out of the top five many gambling-addicted states are Montana (52.9), Mississippi (51.8), and Louisiana (44.7).

Four of the top five are repeat offenders. Louisiana is the latest entry, up from no. 9 in 2017, while West Virginia (#5 in 2017), dropped back to #6 this year.

Detailing Up and Down

Pennsylvania — which generates the second-most gross gaming casino revenue behind only Nevada — put #27 on final years WalletHub list. But because of the Keystone State in the process of further expanding its commercial industry with as much as 10 new satellite casinos, along with impending online gambling and day-to-day fantasy activities, and slot machines inside truck stops and airport gaming lounges, Pennsylvania has surged a dozen spots, up to #15.

Illinois was another mover-upper, going from #18 in 2017 to #9 on this year’s list. No state has more gambling-related arrests per capita, according to WalletHub though Illinois ranks 25th in gaming machines per capita and 21st in lottery sales.

Atlantic City’s nj-new jersey dropped two spots to #8. The Garden State ranks second in gambling treatment and problem, with nearly three per cent of all adults recognized as have a gambling disorder.

Implications of Legal Sports Betting

A lot of the US will see their ‘gambling friendliness’ score increase, should sports betting be legalized for many 50 states. The Supreme Court is expected to soon hand its opinion down on the current federal ban that prohibits the activity in every but four states.

WalletHub asked five behavioral and psychology experts whether sports betting should be permitted at the level that is federal. All five said it should, aided by the general viewpoint that eliminating unregulated illegal offshore and underground sportsbooks is within the best interest of both consumers and the gaming industry.

‘ The reason that is main states want gambling is money. Why not make sports gambling legal? Gamblers will gamble anyhow,’ Indiana University Department of Psychological and Brain Sciences Professor Emeritus Jim Sherman noted.

as 20 states would be expected to pass sports betting laws in the coming years should SCOTUS repeal the federal ban.

Land in Sight for Louisiana Riverboat Casinos as State Senate Passes ‘River to Shore’ Bill

On Tuesday, the day that is very the Horseshoe Southern Indiana ended up being provided permission by the Indiana Gaming Commission to move its operations onto dry land, hundreds of kilometers south the Louisiana Senate was approving a bill that would also propel its own riverboat gambling enterprises onto terra firma.

State Senator Ronnie Johns believes Louisiana riverboat casinos should be permitted to come onto dry land after 25 years into the beverage. He would like to modernize hawaii’s casino industry so it can compete featuring its next-door neighbors. (Image: Sarah Camard/Gambit Weekly)

The Louisiana Senate voted 22-14 to pass through State Senator Ronnie Johns’ (R-Lake Charles) SB316, which would permit the state’s 15 riverboat gambling enterprises to really make the evolutionary jump, provided all gambling activities are conducted within 1,200 foot of their licensed berths.

Johns’ bill would also remove a quirky statute from Louisiana gamble law that calls for each facility to have a operational paddle wheel.

Horseshoe Gets Lucky

Indiana passed a bill that is similar 2015, and not just a minute too soon for the Horseshoe which includes been turn off on at minimum five occasions as a result of the flooding of the Ohio river where this has been permanently docked since its establishment in 1998. Probably the most recent closure ended up being in February, at great cost to hawaii.

The Indiana regulator on Tuesday approved a $85 million facility that is land-based should that be ‘above-land-based facility,’ because the Caesars-owned casino will be slightly elevated to negate the possibility of flooding.

‘This project further demonstrates our continued enthusiasm for and commitment to the state,’ said Brad Siegel, senior vice president at the Horseshoe. ‘We appreciate the Commission’s decision today and appearance ahead to continuing our positive working relationships at the State and local level.’

Evolution or expansion?

Much of the debate in Louisiana, meanwhile, was whether Johns’ bill constituted expansion that is gambling since it proposes reworking the cap on casino floor space. The current restriction of 30,000 square legs would be changed by a cap on gambling positions or the amount of seats in front of slots at 2,365.

Johns stated his bill would modernize the state’s creaking casino sector, enabling it to incorporate bigger slots using the cutting-edge technology that is latest, which can only help it to deflect competition from the casinos of Oklahoma and Mississippi.

State Senator Danny Martiny (R-Dist. 10) agreed, and berated senators that are fellow thought otherwise.

We’ve got an industry that is providing us with income, thank God,’ Martiny said. ‘Everybody that is against it, sure doesn’t shy away from coming to Appropriations and asking for some of that cash.

Categories