Dubai Tourism Chief States City Won’t Become Gaming Destination, Despite MGM and Caesars Projects
Dubai Tourism Chief States 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 cannot get the incorrect concept: casinos and gambling are not coming to the region.
Dubai is home to the world’s building that is tallest plus some of the most 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 evergrowing appetite to welcome casinos to the city.
‘No, there isn’t a desire for casinos,’ Kazim declared. ‘ We have to bear in mind that you can find cultural items that are a concern to us.’
MGM Resorts and Caesars Entertainment, correspondingly ranked # 2 and #5 with regards to gross gaming revenue of the planet’s casino operators, are embarking on the center East for the first-time by way of Dubai.
In March 2017, MGM reached a running contract with Dubai-based Wasl Hospitality and Leisure to advise on the growth of the destination resort, and when completed in 2021, run its operations.
The 26-acre beachfront complex will feature the MGM Hotel, MGM Residences, and Bellagio Hotel.
Earlier in the day this month, Caesars Entertainment announced a partnership with Meraas, additionally a Dubai development firm, to manage and run part of the $1.6 billion man-made Bluewaters Island. Caesars is going to be responsible for hospitality and entertainment in the artificial land that measures roughly 80 acres.
Caesars CEO Mark Frissora said the venture into Dubai is element of its post-bankruptcy concentrate on expanding to markets that are international lending the brand to hoteliers. Bob Morse, the company’s president of hospitality, said its Bluewaters partners Meraas put any gambling talk ‘to rest very quickly.’
The largest and many city that is populated the United Arab Emirates (UAE), over the last decade Dubai leaders have actually made an attempt to become less reliant on oil. Expanding the tourism sector happens to be a focus, and billions of dollars have actually been spent, many of that are monies associated with the House of Al Falasi, the Dubai royal family members.
Certainly one of the city’s main draws are the islands that are artificial into the Persian Gulf.
Dubai is today the sixth most-visited town in the world, in accordance with 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 richest gambling hub, Macau.
Dubai is considered to be a city that is progressive and has now eased some restrictions on what’s otherwise considered haram vices. Adult non-Muslims are permitted to eat liquor in licensed venues typically found in city resorts.
But gambling — frequently included on so-called ‘sin industry’ listings, along with alcohol, tobacco, tools production, and sex-related products — is unlikely to be coming to Dubai any time soon, if ever.
However, city officials in Dubai have an ambitious goal of inviting 20 million tourists per year by 2020, which would make it the 3rd most-visited locale in the globe.
Shocker, Not: Nevada Most Gambling-Addicted State, Learn Reveals
Nevada is America’s most gambling-addicted state, based on a new study conducted by WalletHub.com, an online finance website that is personal. It’s most likely the least study that is surprising since one which revealed that more than 50 percent of teenagers are dependent on their mobile phones.
Nevada holds the record for the most addicted gamblers, a brand new study shows. And no one is surprised. (Image: File/Getty)
That should come as surprise that is little but the placement of various other states in the study results might 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 primary areas, ‘gambling friendliness’ (a quotient that combined a number of video gaming factors for every single state) and ‘gambling problem and treatment.’ The weighted categories included factors such as the range commercial and tribal casinos per capita, and portion of grownups with gambling disorders and parallel available number of behavioral counselors.
Nevada topped record of most gambling-addicted states with a score that is total of. It ranked first in gambling friendliness, and 10th in gambling issue and therapy.
Nevada gets the most casinos and gaming devices per capita, and fifth-highest rate of gambling addiction.
One may suspect New Jersey or Pennsylvania to come next, but that ‘honor’ goes to South Dakota, which scored 53.1. Rounding out the top five most gambling-addicted states are Montana (52.9), Mississippi (51.8), and Louisiana (44.7).
Four of the top five are repeat offenders. Louisiana may be the entry that is newest, up from #9 in 2017, while West Virginia (#5 in 2017), dropped back once again to no. 6 in 2010.
Detailing Down And Up
Pennsylvania — which yields the second-most gaming that is gross revenue behind only Nevada — placed #27 on final years WalletHub list. But with all the Keystone State in the process of further expanding its commercial industry with as many as 10 new satellite casinos, along with impending on line gambling and daily fantasy activities, and slot machines inside truck stops and airport video gaming lounges, Pennsylvania has surged a dozen spots, up to #15.
Illinois had been another mover-upper, going from #18 in 2017 to #9 on this 12 months’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 fell two spots to #8. The Garden State ranks second in gambling treatment and problem, with nearly three percent of most adults recognized as have a gambling disorder.
Implications of Legal Sports Betting
Much of the US will discover their ‘gambling friendliness’ score increase, should recreations betting be legalized for all 50 states. The Supreme Court is expected to soon hand its opinion down on the present federal ban that prohibits the activity in all 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, utilizing the general viewpoint that eliminating unregulated illegal offshore and underground sportsbooks is within the interest that is best of both consumers and the gaming industry.
‘ The major reason that states want gambling is money. You will want to make sports wagering legal? Gamblers will gamble anyway,’ Indiana University Department of Psychological and Brain Sciences Professor Emeritus Jim Sherman noted.
as 20 states would be anticipated 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 provided authorization by the Indiana Gaming Commission to move its operations onto dry land, hundreds of kilometers south the Louisiana Senate ended up being 1xpet approving a bill that would also 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 within the beverage. He desires to modernize their state’s casino industry so that it can compete with 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 would allow the state’s 15 riverboat gambling enterprises 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 facility to have a functional paddle wheel.
Horseshoe Gets Lucky
Indiana passed a similar bill in 2015, and not a minute too soon for the Horseshoe which includes been power down on at minimum five occasions because of the flooding of the Ohio river where it’s been permanently docked since its establishment in 1998. The absolute most present closure had been in February, at great price to the state.
The Indiana regulator on Tuesday approved a $85 million land-based center or 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 shows our continued enthusiasm for and commitment to the state,’ said Brad Siegel, senior vice president during the Horseshoe. ‘We appreciate the Commission’s decision today and look ahead to continuing our positive working relationships at the State and local level.’
Expansion or development?
A lot of the debate in Louisiana, meanwhile, was whether Johns’ bill constituted gambling expansion, since it proposes reworking the cap on casino floor space. The current limitation of 30,000 square feet would be changed by a cap on gambling positions or the amount of seats in front of slots at 2,365.
Johns said his bill would modernize the state’s creaking casino sector, permitting it to incorporate bigger slots utilizing the cutting-edge technology that is latest, which will help it to deflect competition from the casinos of Oklahoma and Mississippi.
State Senator Danny Martiny (R-Dist. 10) agreed, and berated other senators who thought otherwise.
We’ve got a market that’s providing 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 money.