UAE Lottery Becomes First Entity Operating Under GCGRA License
Regulation · 2024-07-29

UAE Lottery Becomes First Entity Operating Under GCGRA License

UAE Lottery Becomes First Entity Operating Under GCGRA License

|

According to an official press release from the General Commercial Gaming Regulatory Authority (GCGRA), UAE Lottery has become the first license-holder in the United Arab Emirates. The announcement, made on July 28, 2024, was a turning point in the regulator’s efforts to ensure a safe, transparent, and properly regulated gaming environment in the UAE.

Apart from granting the first lottery license to The Game LLC, the authority also disclosed its powers to regulate casino games, including slot machines, bingo, poker, table games, as well as sports betting. As the GCGRA revealed, its scope would extend to regulating both land-based and online gaming facilities. At present, The Game LLC remains the sole license holder in the UAE.

In line with GCGRA’s Responsible Gaming Framework, commercial operators will be subjected to audits at least every two years. Furthermore, they must have a “qualifying domestic entity” (QDE) in the UAE.

Established in September 2023 and headquartered in Abu Dhabi, the General Commercial Gaming Regulatory Authority monitors commercial gaming in the UAE. A high-profile team of experts in gaming regulation, finance, law, and responsible gaming will regulate, license, and supervise gaming activities within the country.

UAE Is “the Next Frontier for Gaming”, According to CBRE Capital Advisors

Jim Murren, former chairman and CEO of MGM Resorts International and current Chairman of GCGRA, commented on the launch of the UAE Lottery. Apart from being a key event for the gaming industry in the UAE, it also highlighted the organization’s “commitment to nurturing a secure and enriched commercial gaming environment in the UAE.”

Kevin Mullally, CEO of GCGRA, bringing a wealth of regulatory experience to the gaming authority, echoed the enthusiasm shared by Jim Murren. He reasserted the organization had adopted the best global practices in terms of regulatory framework and consumer protection mechanisms. Consumers will be provided with a complete range of responsible gambling tools, including betting limits and cooling-off periods, to keep their gambling activity within healthy limits. The CEO also underscored the organization’s commitment to utilizing new technologies to support the development of safe and highly engaging games with a customer-first approach.

According to estimations by CBRE Capital Advisers, the UAE is “the next frontier for gaming,” with projections of $8.5 billion in gaming revenue. UAE’s first casino, a $3.9 billion resort, is set to open in early 2027.

While the GCGRA framework bans conducting and facilitating commercial gaming activities without a license, engaging as a consumer with unlicensed operators is also punishable by law and could entail severe penalties. Players must stay informed of game odds, and the risks involved, and set their limits on time and money spent on gaming. Cooling-off periods and self-exclusion options will also be available.


  • News

 Author: Harrison Young

Harrison Young is an experienced writer, who started his career almost 8 years ago. Prior to joining our team at CasinoGamesPro, he worked as an editor for a small magazine.
</
热门文章
2027 Global Game Connect(GGC)斯里兰卡招商全面开启!业务人脉尽在掌握!
灰度头条
越南博彩管控逐步放宽,惟本土需求仍显乏力
东南亚资讯
印度最高法院受理公益诉讼,要求全国禁封“伪装”成社交游戏的赌博平台
游戏风向
GGC Awards 2026 璀璨科伦坡:致敬 iGaming 行业的领航者与创新力量
灰度头条
超级PAC筹资4800万美元:体育博彩势力加码
游戏风向
巴西颁布新法赋权央行封锁非法博彩账户及 Pix 交易
支付动态
哈萨克斯坦计划对在线赌场促销活动进行处罚
游戏风向
越南在线博彩业政策收紧 催生市场新机遇
东南亚资讯
斯里兰卡博弈产业大转型,官方:剑指南亚拉斯维加斯
游戏风向
巴西拟将博彩税率提高至24% 税收将用于社保和医疗领域
游戏风向
张侨伟参议员排除全面禁止,敦促菲律宾规范网络赌博
东南亚资讯
准备好了将你的收益最大化吗?尝试ProPush.me Constructor!
广告营销
JILI 宣布与全球板球传奇 AB de Villiers(ABD)达成重磅战略合作
体育游戏
灰度世界杯嘉年华狂欢派对吉隆坡站即将开启,业务拓展人脉社交从马来西亚开始
灰度头条
灰度在iGB L!VE 2026展位T70和你相约7月,一起点燃伦敦的热情!
灰度头条
首页
游戏
合作
发现
我的