Dubai Tourism Chief Claims City Won’t Become Gaming Destination, Despite MGM and Caesars Projects
Dubai will quickly become home to hotel properties branded by MGM Resorts and Caesars Entertainment, but area officials say cannot obtain the idea that is wrong casinos and gambling are not arriving at the location.
Dubai is home to the globe’s tallest building plus some of the most fascinating artificial islands, but casinos will not presumably be coming anytime soon.
Gambling is considered ‘haram’ under Islamic law: an activity that is forbidden goes against sacred texts present in the Quran.
This week, Dubai Corporation for Tourism and Commerce CEO Issam Kazim was asked if there was a growing appetite to welcome casinos to the city during an interview with Gulf News.
‘No, there isn’t a desire for casinos,’ Kazim declared. ‘ We need to bear in mind that you will find cultural things that are really a concern to us.’
MGM Resorts and Caesars Entertainment, correspondingly ranked # 2 and #5 in terms of gross gaming revenue of the world’s casino operators, are getting into the Middle East for the first-time by way of Dubai.
In March 2017, MGM reached a working agreement with Dubai-based Wasl Hospitality and Leisure to advise on the growth of the destination resort, and once completed in 2021, run its operations.
The beachfront that is 26-acre will feature the MGM Hotel, MGM Residences, and Bellagio Hotel.
Previously this month, Caesars Entertainment announced a partnership with Meraas, also a Dubai development firm, to manage and operate part of the $1.6 billion Bluewaters that is man-made Island. Caesars is going to be responsible for hospitality and entertainment regarding the land that is artificial measures roughly 80 acres.
Caesars CEO Mark Frissora said the venture into Dubai is part of its post-bankruptcy focus 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 biggest and most city that is populated the United Arab Emirates (UAE), throughout the last decade Dubai leaders have actually made an attempt to become less reliant on oil. Expanding the tourism sector was a center point, and billions of dollars have been invested, a lot of which are monies tied to the home of Al Falasi, the Dubai family that is royal.
Certainly one of the town’s main draws are the artificial islands built in the Persian Gulf.
Dubai is now the sixth most-visited town in the world, based on the entire world Economic Forum. Nearly 15 million individuals checked out in 2017, lots that’s behind only Hong Kong, Bangkok, London, Singapore, as well as the world’s gambling hub that is richest, 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 present city resorts.
But gambling — frequently included on so-called ‘sin industry’ lists, along with alcohol, tobacco, tools production, and sex-related products — is not likely to be coming to Dubai any time in the future, if ever.
However, city officials in Dubai have a committed goal of inviting 20 million tourists a year by 2020, which would make it the 3rd locale that is most-visited the world.
Shocker, Not: Nevada Most Gambling-Addicted State, Research Reveals
Nevada is America’s most state that is gambling-addicted in accordance with a new study conducted by WalletHub.com, an online personal finance site. It’s possibly the least study that is surprising since the one that showed that more than 50 percent of teenagers are dependent on their mobile phones.
Nevada holds the record for the many addicted gamblers, a study that is new. With no one is surprised. (Image: File/Getty)
That will come as little surprise, but the positioning of various other states in the study results might be worthy of several raised eyebrows.
In its third year evaluating which US states are the many addicted to taking chances with their funds the antique means, WalletHub says it learned 19 key metric indicators to ascertain where excessive gambling is most predominant.
The evaluation considered two primary areas, ‘gambling friendliness’ (a quotient that combined a variety of gaming factors for every state) and ‘gambling problem and treatment.’ The weighted categories included factors such as the range commercial and tribal casinos per capita, and portion of adults with gambling disorders and parallel available number of behavioral counselors.
Nevada topped record of all gambling-addicted states with a total rating of 62.43. It rated first in gambling friendliness, and 10th in gambling treatment and problem.
Nevada gets the most casinos and gaming devices per capita, and fifth-highest rate of gambling addiction.
One might suspect nj-new Jersey or Pennsylvania to come next, but that ‘honor’ goes to South Dakota, which scored 53.1. Rounding out of the top five most states that are gambling-addicted Montana (52.9), Mississippi (51.8), and Louisiana (44.7).
Four of the top five are repeat offenders. Louisiana may be the newest entry, up from # 9 in 2017, while West Virginia (#5 in 2017), dropped back once again to # 6 in 2010.
Detailing Up and Down
Pennsylvania — which yields the second-most gross gaming casino revenue behind only Nevada — put #27 on last years WalletHub list. But using 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 dream activities, 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 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-new jersey fell two spots to #8. The Garden State ranks second in gambling problem and therapy, with nearly three % 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 activities 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 all but four states.
WalletHub asked five behavioral and psychology experts whether sports betting should be allowed at the federal level. All five said it should, because of the basic viewpoint that eliminating unregulated illegal offshore and underground sportsbooks is in the most useful interest of both consumers and the gaming industry.
‘ The major reason that states want gambling is money. Why don’t you make sports betting legal? Gamblers will gamble anyway,’ Indiana University Department of Psychological and Brain Sciences Professor Emeritus Jim Sherman noted.
as 20 states would be expected to pass recreations 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 time that the Horseshoe Southern Indiana was issued authorization by the Indiana Gaming Commission to go its operations onto dry land, hundreds of miles south the Louisiana Senate had been approving a bill that would additionally propel its own riverboat gambling enterprises onto terra firma.
State Senator Ronnie Johns believes Louisiana riverboat casinos should be permitted to come onto dry land after 25 years into the beverage. He would like to modernize their state’s casino industry so that it can compete along with 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 will let the state’s 15 riverboat casinos to really 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 similar bill in 2015, and not just a minute too soon for the Horseshoe which has been power down on at least five occasions due to the flooding of the Ohio river where it has been permanently docked since its establishment in 1998. Probably the most present closure was 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 center,’ 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 appear forward to continuing our positive working relationships at the State and local level.’
Expansion or Evolution?
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 limit that is current of square feet 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 hawaii’s creaking casino sector, enabling it to incorporate bigger slots with all the cutting-edge technology that is latest, which can only 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 Jesus,’ Martiny said. ‘Everybody that is against it, sure doesn’t shy far from coming to Appropriations and asking for some of that cash.