Dubai Tourism Chief Claims City Won’t Become Gaming Destination, Despite MGM and Caesars Projects
Dubai Tourism Chief Claims City Won’t Become Gaming Destination, Despite MGM and Caesars Projects
Dubai will soon become home to hotel properties branded by MGM Resorts and Caesars Entertainment, but area officials say cannot get the wrong idea: casinos and gambling are not coming to the spot.
Dubai is home to the world’s building that is tallest and some of the most fascinating artificial islands, but casinos won’t presumably be coming anytime soon.
Gambling is considered ‘haram’ under Islamic law: an activity that is forbidden 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 clearly was a growing appetite to welcome gambling enterprises to the city.
‘No, there is not a desire for casinos,’ Kazim declared. ‘ We must bear in mind that you can find cultural items that really are a concern to us.’
MGM Resorts and Caesars Entertainment, respectively rated number 2 and #5 when it comes to gross gaming revenue of the earth’s casino operators, are getting into the Middle East for the time that is first way of Dubai.
In March 2017, MGM reached an operating contract with Dubai-based Wasl Hospitality and Leisure to advise on the development of the 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.
Earlier in the day this month, Caesars Entertainment announced a partnership with Meraas, also a Dubai development firm, to handle and run part of the $1.6 billion Bluewaters that is man-made Island. Caesars is responsible for hospitality and entertainment on the artificial land that measures roughly 80 acres.
Caesars CEO Mark Frissora said the venture into Dubai is section of its post-bankruptcy concentrate on expanding to international areas and lending the brand to hoteliers. Bob Morse, the company’s president of hospitality, said its Bluewaters partners Meraas put any gambling talk ‘to rest really quickly.’
The biggest and many populated city in the United Arab Emirates (UAE), over the last decade Dubai leaders have made an effort to become less reliant on oil. Expanding the tourism sector happens to be a focus, and billions of dollars have actually been spent, a lot of that are monies tied to the home of Al Falasi, the Dubai royal household.
One of the town’s main draws are the artificial islands built into the Persian Gulf.
Dubai is now the sixth most-visited city in the world, based on the entire world Economic Forum. Nearly 15 million people checked out in 2017, lots that’s behind only Hong Kong, Bangkok, London, Singapore, therefore the world’s gambling hub that is richest, Macau.
Dubai is thought to be a modern city, and it has eased some restrictions on which’s otherwise considered haram vices. Adult non-Muslims are permitted to take 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 products that are sex-related; is unlikely to be coming to Dubai any time in the future, if ever.
However, city officials in Dubai have a committed goal of welcoming 20 million tourists a year by 2020, which would make it the third most-visited locale in the globe.
Shocker, Not: Nevada Most Gambling-Addicted State, Learn Reveals
Nevada is America’s most gambling-addicted state, according to a new study conducted by WalletHub.com, an online finance website that is personal. It’s most likely the least surprising study outcomes since one which revealed that more than 50 percent of teenagers are dependent on their mobile phones.
Nevada holds the record for the many addicted gamblers, a new study shows. With no one is surprised. (Image: File/Getty)
Which should come as surprise that is little but the placement of several other states within the study results could 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 many different gaming factors for every single state) and ‘gambling issue and treatment.’ The weighted groups included factors such as for instance the wide range of commercial and tribal casinos per capita, and percentage of grownups with gambling disorders and parallel available number of behavioral counselors.
Nevada topped record on most gambling-addicted states with a total rating of 62.43. It ranked very first in gambling friendliness, and 10th in gambling treatment and problem.
Nevada has got the most casinos and gaming machines per capita, and fifth-highest rate of gambling addiction.
One might suspect New Jersey or Pennsylvania to come next, but that ‘honor’ goes to South Dakota, which scored 53.1. Rounding out 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 could be the entry that is newest, up from # 9 in 2017, while West Virginia (#5 in 2017), dropped back to number 6 in 2010.
Listing Up and Down
Pennsylvania — which creates the second-most gaming that is gross revenue behind only Nevada — put #27 on last years WalletHub list. But using the Keystone State 1xbet canlı izle in the process of further expanding its commercial industry with as many as 10 satellite that is new, along with impending online gambling and daily dream sports, and slots inside truck stops and airport video 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 dropped two spots to #8. The Garden State ranks 2nd 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 discover their ‘gambling friendliness’ score increase, should sports betting be legalized for several 50 states. The Supreme Court is expected to soon hand its opinion down on the present federal ban that prohibits the experience in all 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, with all the general opinion 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 betting legal? Gamblers will gamble anyhow,’ Indiana University Department of Psychological and Brain Sciences Professor Emeritus Jim Sherman noted.
as 20 states would be likely 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 day that is very the Horseshoe Southern Indiana ended up being given authorization by the Indiana Gaming Commission to go its operations onto dry land, hundreds of miles south the Louisiana Senate was approving a bill that would additionally propel its own riverboat casinos onto terra firma.
State Senator Ronnie Johns believes Louisiana riverboat casinos should be allowed to come onto dry land after 25 years in the beverage. He desires to modernize hawaii’s casino industry so that it can compete having its next-door neighbors. (Image: Sarah Camard/Gambit Weekly)
The Louisiana Senate voted 22-14 to pass State Senator Ronnie Johns’ (R-Lake Charles) SB316, which will enable the state’s 15 riverboat casinos to really make the evolutionary jump, supplied 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 requires each center to have a operational paddle wheel.
Horseshoe Gets Lucky
Indiana passed a similar bill in 2015, and not just a minute too soon for the Horseshoe that has been turn off on at minimum five occasions due to the flooding of the Ohio river where it offers been permanently docked since its establishment in 1998. The absolute most present closure ended up being in February, at great expense to the state.
The Indiana regulator on Tuesday approved a $85 million land-based facility or should that be ‘above-land-based facility,’ because the Caesars-owned casino will be slightly elevated to negate the risk of flooding.
‘This project further shows our continued enthusiasm for and commitment towards the state,’ said Brad Siegel, senior vice president during the Horseshoe. ‘We appreciate the Commission’s decision today and appear ahead 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 limit that is current of square foot would be replaced by a limit on gambling positions or the amount of seats in front side of slots at 2,365.
Johns said his bill would modernize hawaii’s creaking casino sector, allowing it to incorporate bigger slots with all the latest cutting-edge technology, which will surely 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 have got an industry that is providing us with income, thank God,’ Martiny stated. ‘Everybody that’s against it, sure doesn’t shy far from coming to Appropriations and asking for some of that money.