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 home to hotel properties branded by MGM Resorts and Caesars Entertainment, but area officials say don’t get the idea that is wrong casinos and gambling are not visiting the region.
Dubai is home to the world’s building that is tallest plus 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.
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 must bear in head that you can find cultural things that are a concern to us.’
MGM Resorts and Caesars Entertainment, correspondingly rated #2 and #5 when it comes to gross gaming revenue of the planet’s casino operators, are starting the center East for the first-time by 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 Hotel, MGM Residences, and Bellagio Hotel.
Earlier this month, Caesars Entertainment announced a partnership with Meraas, also a Dubai development firm, to handle and operate component of the $1.6 billion Bluewaters that is man-made Island. Caesars is going to be responsible for hospitality and entertainment regarding the artificial land that measures roughly 80 acres.
Caesars CEO Mark Frissora said the venture into Dubai is element of its post-bankruptcy give attention to expanding to markets that are international 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.’
The largest and many city that is populated the United Arab Emirates (UAE), over the last decade Dubai leaders have made an endeavor to become less reliant on oil. Expanding the tourism sector happens to be a center point, and billions of dollars have been invested, a lot of that are monies tied to your house of Al Falasi, the Dubai family that is royal.
One of the town’s main draws are the synthetic islands built in the Persian Gulf.
Dubai is now the sixth city that is most-visited the planet, according to the World Economic Forum. Nearly 15 million people visited 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 take liquor in licensed venues typically present in city resorts.
But gambling — usually included on so-called ‘sin industry’ listings, along with alcohol, tobacco, tools manufacturing, 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 per year by 2020, which would make it the third most-visited locale in the globe.
Shocker, Not: Nevada Most Gambling-Addicted State, Research Reveals
Nevada is America’s most state that is gambling-addicted based on a new study conducted by WalletHub.com, an online finance website that is personal. It’s possibly the least study that is surprising since one which revealed that more than 50 percent of teenagers are dependent on their cellular devices.
Nevada holds the record for the many addicted gamblers, a brand new study shows. With no one is surprised. (Image: File/Getty)
That will come as little shock, however the positioning of other states within the study results could be worthy of a few elevated eyebrows.
In its third year evaluating which US states would be the most hooked on taking chances with their money the old-fashioned method, WalletHub says it studied 19 key metric indicators to determine where extortionate gambling is most common.
The assessment considered two main areas, ‘gambling friendliness’ (a quotient that combined a variety of video gaming factors for every state) and ‘gambling problem and treatment.’ The weighted categories included factors such as for example the wide range of commercial and tribal gambling enterprises per capita, and portion of grownups with gambling disorders and parallel available number of behavioral counselors.
Nevada topped record on most gambling-addicted states with a total score of 62.43. It rated first in gambling friendliness, and 10th in gambling problem and treatment.
Nevada has the most gambling enterprises and gaming devices per capita, and rate that is fifth-highest of addiction.
One may 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 many gambling-addicted states are Montana (52.9), Mississippi (51.8), and Louisiana (44.7).
Four of the top five are repeat offenders. Louisiana is the newest entry, up from #9 in 2017, while West Virginia (#5 in 2017), dropped back 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 final years WalletHub list. But aided by the Keystone State in the process of further expanding its commercial industry with up to 10 new satellite casinos, along with impending online gambling and day-to-day dream sports, and slot machines 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 ranks 25th in gaming machines 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 2nd in gambling treatment and problem, with nearly three percent of most adults recognized as have a gambling disorder.
Implications of Legal Sports Betting
A lot of the US might find their ‘gambling friendliness’ score increase, should activities betting be legalized for many 50 states. The Supreme Court is expected to soon hand its opinion down on the present federal ban that prohibits the experience in most but four states.
WalletHub asked five behavioral and psychology experts whether sports betting should be allowed 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 in the best interest of both consumers and the gaming industry.
‘ The main reason that states want gambling is money. Why not 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 recreations betting 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 permission by the Indiana Gaming Commission to go its operations onto dry land, hundreds of kilometers south the Louisiana Senate ended up being 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 in the beverage. He wants to modernize the state’s casino industry therefore 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 will enable the state’s 15 riverboat gambling enterprises to make the evolutionary leap, 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 paddle wheel that is operational.
Horseshoe Gets Lucky
Indiana passed a similar bill in 2015, and not a moment too soon for the Horseshoe which has 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. Probably the most current closure ended up being 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 https://gamblingprofessors.com/tr/ the risk 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 appearance 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 gambling expansion, 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 the state’s creaking casino sector, enabling it to incorporate bigger slots utilizing the latest cutting-edge technology, which can only help it to deflect competition from the casinos of Oklahoma and Mississippi.
State Senator Danny Martiny (R-Dist. 10) consented, and berated senators that are fellow thought otherwise.
We have got an industry that is 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 money.