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 quickly become house to hotel properties branded by MGM Resorts and Caesars Entertainment, but area officials say cannot have the idea that is wrong casinos and gambling aren’t arriving at the spot.
Dubai hosts the globe’s tallest building and some of the many fascinating artificial 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 present 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 clearly a growing appetite to welcome casinos to the city.
‘No, there is not a desire for casinos,’ Kazim declared. ‘ We must bear in brain that you will find cultural items that are a priority to us.’
MGM Resorts and Caesars Entertainment, correspondingly rated no. 2 and #5 with regards to gross gaming revenue of the earth’s casino operators, are embarking on the center 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 a destination resort, and as soon as completed in 2021, run its operations.
The 26-acre beachfront complex will feature the MGM resort, MGM Residences, and Bellagio Hotel.
Earlier this month, Caesars Entertainment announced a partnership with Meraas, also a Dubai development firm, to manage and run component of the $1.6 billion man-made Bluewaters Island. Caesars are responsible for hospitality and entertainment on the land that is artificial measures roughly 80 acres.
Caesars CEO Mark Frissora said the venture into Dubai is element of its post-bankruptcy focus on expanding to international markets 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 most city that is populated the United Arab Emirates (UAE), during the last decade Dubai leaders have made an effort to become less reliant on oil. Expanding the tourism sector has been a focus, and billions of dollars have actually been invested, lots of that are monies linked with the House of Al Falasi, the Dubai royal family.
One of the city’s main draws are the islands that are artificial in the Persian Gulf.
Dubai is today the sixth city that is most-visited the planet, in accordance with the planet Economic Forum. Nearly 15 million individuals checked out in 2017, lots that’s behind only Hong Kong, Bangkok, London, Singapore, and the world’s richest gambling hub, Macau.
Dubai is thought to be a city that is progressive and has now eased some restrictions about what’s otherwise considered haram vices. Adult non-Muslims are permitted to consume liquor in licensed venues typically found in city resorts.
But gambling — often included on so-called ‘sin industry’ listings, along with alcohol, tobacco, tools production, and products that are sex-related; is unlikely to be coming to Dubai anytime soon, if ever.
However, city officials in Dubai have an ambitious goal of welcoming 20 million tourists per year by 2020, which would make it the 3rd locale that is most-visited the globe.
Shocker, Not: Nevada Most Gambling-Addicted State, Study Reveals
Nevada is America’s most state that is gambling-addicted according to a new study conducted by WalletHub.com, an online finance website that is personal. It’s probably the least study that is surprising since one which revealed that more than 50 percent of teens are dependent on their cellular devices.
Nevada holds the record for the many addicted gamblers, a study that is new. And no one is surprised. (Image: File/Getty)
Which should come as surprise that is little however the positioning of various other states within the study results might be worthy of a few elevated eyebrows.
In its third year evaluating which US states would be the many dependent on taking risks with their money the traditional way, WalletHub says it learned 19 key metric indicators to find out where exorbitant gambling is most common.
The assessment considered two areas that are main ‘gambling friendliness’ (a quotient that combined a number of gaming factors for each state) and ‘gambling problem and treatment.’ The weighted groups included factors such as for instance the quantity of commercial and tribal casinos per capita, and portion of grownups with gambling disorders and parallel number that is available of counselors.
Nevada topped the list of all gambling-addicted states with a total rating of 62.43. It rated first in gambling friendliness, and 10th in gambling issue and therapy.
Nevada gets the most casinos and gaming devices per capita, and rate that is fifth-highest of addiction.
One may suspect New Jersey or Pennsylvania in the future next, but that ‘honor’ goes to South Dakota, which scored 53.1. Rounding out 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 latest entry, up from # 9 in 2017, while West Virginia (#5 in 2017), dropped back again to # 6 in 2010.
Detailing Up and Down
Pennsylvania — which generates the second-most gaming that is gross revenue behind only Nevada — placed #27 on last years WalletHub https://gamblingprofessors.com/tr/ list. But because of the Keystone State in the process of further expanding its commercial industry with as much as 10 new satellite casinos, along with impending on line gambling and day-to-day fantasy recreations, and slot machines inside truck stops and airport 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-new jersey fell two spots to #8. The Garden State ranks second in gambling issue and therapy, with nearly three per cent of all of the adults recognized as have a gambling disorder.
Implications of Legal Sports Betting
Much of the US will discover their ‘gambling friendliness’ score increase, should sports 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 game in most 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 will, with all the general viewpoint that eliminating unregulated illegal offshore and underground sportsbooks is within the most readily useful interest of both consumers and the gaming industry.
‘ The reason that is main states want gambling is money. You will want to make sports gambling 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 activities 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 was given authorization by the Indiana Gaming Commission to move its operations onto dry land, hundreds of kilometers south the Louisiana Senate ended up being 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 desires to modernize their state’s casino industry so it can compete using its next-door 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 let the state’s 15 riverboat gambling enterprises to make the evolutionary leap, 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 requires each center to have a paddle wheel that is operational.
Horseshoe Gets Lucky
Indiana passed a bill that is similar 2015, and not a moment too soon for the Horseshoe which includes been turn off on at least 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 was in February, at great expense 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 task 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 current limitation of 30,000 square legs would be replaced by a limit 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, permitting it to incorporate bigger slots aided by 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) consented, and berated fellow senators who thought otherwise.
We’ve got a business that is providing us with income, thank God,’ Martiny stated. ‘Everybody that is against it, sure doesn’t shy far from coming to Appropriations and asking for some of that money.