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

posted in: Blog | 0

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

Dubai will soon become house to hotel properties branded by MGM Resorts and Caesars Entertainment, but area officials say never get the wrong concept: casinos and gambling are not visiting the region.

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

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

During an interview with Gulf News this week, Dubai Corporation for Tourism and Commerce CEO Issam Kazim was asked if there was an increasing appetite to welcome gambling enterprises to the city.

‘No, there isn’t a desire for casinos,’ Kazim declared. ‘ We must bear in head that you can find cultural items that really are a concern to us.’

Non-Gaming Horizons

MGM Resorts and Caesars Entertainment, correspondingly ranked # 2 and #5 with regards to gross gaming revenue of the planet’s casino operators, are starting the Middle East for the very first time by way of Dubai.

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

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

Early in the day this month, Caesars Entertainment announced a partnership with Meraas, additionally a Dubai development firm, to handle and operate component of the $1.6 billion man-made Bluewaters Island. Caesars are going to be responsible for hospitality and entertainment regarding the artificial land that measures roughly 80 acres.

Caesars CEO Mark Frissora stated the venture into Dubai is section of its post-bankruptcy concentrate on 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 largest and many city that is populated the United Arab Emirates (UAE), throughout the last decade Dubai leaders have made an effort to become less reliant on oil. Expanding the tourism sector was a focus, and billions of dollars have actually been spent, lots of which are monies tied to your house of Al Falasi, the Dubai royal family.

Certainly one of the city’s main draws are the islands that are artificial into the Persian Gulf.

Dubai is now the sixth most-visited town in the entire world, based on the entire world Economic Forum. Nearly 15 million people visited in 2017, a number that’s behind only Hong Kong, Bangkok, London, Singapore, as well as the world’s richest gambling hub, Macau.

Dubai is considered to be a city that is progressive and has eased some restrictions on what’s otherwise considered haram vices. Adult non-Muslims are permitted to take alcohol 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 products that are sex-related; is not likely to be coming to Dubai any time soon, if ever.

However, city officials in Dubai have an ambitious goal of inviting 20 million tourists a year by 2020, which would make it the 3rd locale that is most-visited the globe.

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

Nevada is America’s most state that is gambling-addicted according to a new study conducted by WalletHub.com, an online personal finance internet site. It’s probably the least surprising study outcomes since one that revealed that more than 50 percent of teenagers are addicted to their cellular devices.

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

That will come as surprise that is little however the placement of several other states into the study results may be worthy of several raised 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 assessment considered two areas that are main ‘gambling friendliness’ (a quotient that combined a number of gaming factors for every single state) and ‘gambling problem and treatment.’ The weighted groups included factors such as for instance the range commercial and tribal gambling enterprises per capita, and portion of adults with gambling disorders and parallel number that is available of counselors.

Nevada topped record of all gambling-addicted states with a total rating of 62.43. It rated very first in gambling friendliness, and 10th in gambling treatment and problem.

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

One may 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 states that are gambling-addicted Montana (52.9), Mississippi (51.8), and Louisiana (44.7).

Four of the top five are repeat offenders. Louisiana could be the newest entry, up from # 9 in 2017, while West Virginia (#5 in 2017), dropped back in to number 6 this present year.

Listing Up and Down

Pennsylvania — which yields the second-most gaming that is gross revenue behind only Nevada — placed #27 on last years WalletHub list. But with all the Keystone State in the process of further expanding its commercial industry with up to 10 satellite that is new, along with impending online gambling and day-to-day fantasy activities, and slots 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 12 months’s list. Though Illinois http://1xbets-giris.top/ ranks 25th in gaming devices per capita and 21st in lottery sales, no state has more gambling-related arrests per capita, according to WalletHub.

Atlantic City’s New Jersey dropped two spots to #8. The Garden State ranks second in gambling issue and therapy, with nearly three % of all of the adults recognized as have a gambling disorder.

Implications of Legal Sports Betting

Much of the US will dsicover their ‘gambling friendliness’ score increase, should recreations betting be legalized for all 50 states. The Supreme Court is expected to soon hand down its viewpoint on the current federal ban that prohibits the activity in most but four states.

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

‘ The main reason that states want gambling is money. Have you thought to 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 gambling 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 very day that the Horseshoe Southern Indiana was awarded permission by the Indiana Gaming Commission to move its operations onto dry land, hundreds of miles south the Louisiana Senate was approving a bill that would also propel its own riverboat casinos onto terra firma.

State Senator Ronnie Johns believes Louisiana riverboat casinos should be permitted to come onto dry land after 25 years into the drink. He wants to modernize the state’s casino industry so that it can compete featuring its 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 allow the state’s 15 riverboat casinos to help make the leap that is evolutionary supplied all gambling activities are conducted within 1,200 legs of their licensed berths.

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

Horseshoe Gets Lucky

Indiana passed a similar bill in 2015, and not a minute too soon for the Horseshoe which has 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. The absolute most current closure had been in February, at great price to their state.

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 risk of flooding.

‘This task further shows 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 look forward to continuing our positive working relationships at the State and local level.’

Evolution or expansion?

A lot 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 limitation of 30,000 square feet would be replaced by a cap on gambling positions or the amount of seats in front of slots at 2,365.

Johns stated his bill would modernize their state’s creaking casino sector, allowing it to incorporate bigger slots with the latest cutting-edge technology, which will help it to deflect competition from the casinos of Oklahoma and Mississippi.

State Senator Danny Martiny (R-Dist. 10) consented, and berated fellow senators who thought otherwise.

We have got a business that’s supplying us with income, thank God,’ Martiny stated. ‘Everybody that’s against it, sure doesn’t shy away from coming to Appropriations and asking for some of that cash.

Leave a Reply

Your email address will not be published. Required fields are marked *