United Arab Emirates creates federal authority for 'commercial gaming' industry

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A federal authority for 'commercial gaming' has been announced in the United Arab Emirates. This is likely a sign that the nation plans to allow gambling.

, home to the gambling city of Las Vegas, identified Murren as a former chairman and CEO of MGM Resorts International, which also runs casinos. Murren could not be immediately reached by the AP.

Murren also headed Nevada’s COVID-19 response and tried to pitch the state on using UAE-donated, Chinese-made testing kits. U.S. diplomats and security officials privately warned the state of Nevada not to use the Chinese-made coronavirus test kits over concerns about patient privacy, test accuracy and Chinese government involvement, documents obtained by the AP showed.

A 2004 U.S. diplomatic cable released by WikiLeaks speculated that Dubai’s casino plans had"been put on ice due to deference" to the late Sheikh Zayed bin Sultan Al Nahyan, the country’s first president after unification in 1971. In a conference call in April, Wynn Resorts CEO Craig Billings put the cost of the Ras al-Khaimah resort at $3.9 billion and saying it will be open in 2027. Costs will be split, with 40% being paid by Wynn and 60% being paid by Wynn's government partners in Ras al-Khaimah. Wynn estimates taxes on the gaming revenues will be as high 12%.

 

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