• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 12 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

UAE regulator issues advisory warning citizens not to do business or play with unlicensed lottery or casino operators

Newsdesk by Newsdesk
Tue 10 Dec 2024 at 05:13
UAE regulator issues advisory warning citizens not to do business or play with unlicensed lottery or casino operators

Dubai, UAE

36
SHARES
904
VIEWS
Print Friendly, PDF & Email

The UAE’s gaming regulator, the General Commercial Gaming Regulatory Authority (GCGRA), has issued a Consumer Advisory Notice warning UAE residents of the dangers of doing business or playing with unlicensed lottery and commercial gaming operators.

The notice comes after the GCGRA this year granted the UAE’s sole lottery license to The Game, LLC – operating as The UAE Lottery – which stands as the only lottery license permitted under the GCGRA regulatory framework.

Two pre-existing lotteries, namely Big Ticket and Dubai Duty Free, which have been operating for more than 30 years, are also permitted to continue under GCGRA’s supervision, however no other pre-existing lotteries will be considered and have been ordered to shut down, it said.

In a Monday statement, the regulator warned that consumers who choose to play or do business with an unlicensed operator face significant risks such as “financial loss, becoming the victims of cheating or fraud, having their personal data stolen or misused, increasing the risk of malware, phishing, or other cybersecurity threats, and being implicated in a regulatory or criminal investigation and the subsequent reputational damage.”

Kevin Mullally, CEO of the GCGRA, added, “The GCGRA is committed to ensuring a safe and legal gaming environment in the UAE” and urged consumers to “stay vigilant and informed to protect yourself from the risks associated with illegal gaming. Your adherence to the law not only safeguards your personal and financial security but also upholds the integrity of our community. If you choose to play, do so only with licensed operators.”

“These unlicensed businesses have not had their technology or games independently evaluated for fairness or security.

“They are not required to act responsibly or incorporate basic consumer protection. They are not subject to advertising regulations and lack any oversight of their finances, including having reserves for prize payouts and complying with anti-money laundering laws.

“Consumers are strongly advised to avoid unlicensed operators to protect themselves from adverse consequences.  Similarly, advertisers, payment processors and other service providers that support these businesses risk sanctions and potential consequences affecting their ability to operate in the UAE.”

Established in September 2023 with former MGM Resorts CEO Jim Murren as chairman, the GCGRA has been busy of late, issuing three industry suppliers in Aristocrat, Smartplay International and PayBy Technology Projects authorization to provide specialized services to approved gaming operators in the country.

It has also granted the UAE’s first Commercial Gaming Facility Operator license to Wynn Resorts for its US$5.1 billion Wynn Al Marjan Island project in Ras Al Khaimah.

As per information released upon its establishment last year, the GCGRA’s charter is to “create a socially responsible and well-regulated gaming environment, ensuring that all participants adhere to strict guidelines and comply with the highest standards. It will coordinate regulatory activities, manage licensing nationally and facilitate unlocking the economic potential of commercial gaming responsibly.”

RelatedPosts

Craig Billings – The art of Wynning

CBRE: Wynn to further benefit from UAE head start as momentum for more licenses slows

Tue 1 Apr 2025 at 05:53
1xAffiliates in the spotlight at Affiliate World Dubai

1xAffiliates in the spotlight at Affiliate World Dubai

Thu 6 Mar 2025 at 04:51
Wynn says UAE development contribution to total around US$900 million as Thailand opportunity looms large

Wynn to prioritize capex spend in UAE, Thailand over potential Las Vegas expansion

Fri 14 Feb 2025 at 06:44
Wynn says UAE development contribution to total around US$900 million as Thailand opportunity looms large

Wynn completes Al Marjan Island resort financing via US$2.4 billion facility, said to be largest hospitality financing transaction in UAE history

Fri 7 Feb 2025 at 06:34
Load More
Tags: General Commercial Gaming Regulatory AuthorityKevin MullallylotteryUAEUnited Arab Emirates
Share14Share3
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – The real reason Philippines casino revenues are down

Editorial – The real reason Philippines casino revenues are down

by Ben Blaschke
Sun 30 Mar 2025 at 23:04

After enjoying a post-COVID surge in gaming revenues at its licensed casinos, the Philippines has hit a rocky patch. In...

Inside Thai IRs

Inside Thai IRs

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:59

No time to read this whole article? Here are the bullet points! With passage of Thailand’s Entertainment Complex Bill through...

Resorts World Las Vegas – Lighting up the north

Resorts World Las Vegas – Lighting up the north

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:52

Inside Asian Gaming recently visited Genting’s American icon Resorts World Las Vegas to take a closer look at a property...

A baccarat perspective

A baccarat perspective

by Ryan Hong-Wai Ho
Sun 30 Mar 2025 at 22:37

In the first of a two-part series, Ryan Ho explores how gaming innovations and market changes have shaped the prominence...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

by Newsdesk
Wed 9 Apr 2025 at 06:16

Star Entertainment Group confirmed Monday it had entered into a binding term sheet with US casino operator Bally’s Corp to take control of the company as part of a US$300 million (US$180 million) deal. The term sheet, comprising a multi-tranche...

China-owned contractor of Chow Tai Fook’s Baha Mar ordered to pay US$1.6 billion to original owner for “many acts of fraud”

New York appellate court dismisses China Construction America’s appeal in US$1.6 billion Baha Mar fraud case

by Ben Blaschke
Wed 9 Apr 2025 at 05:59

A New York court has dismissed an appeal by China Construction America, Inc (CCA) against a Supreme Court ruling in October requiring it to pay US$1.6 billion to the original owner of Bahamas casino resort Baha Mar for committing “many acts...

Trade union warns massively increased casino pokies tax in NSW will cost jobs

Pub baron Bruce Mathieson agrees additional AU$100 million Star investment, reduces Bally’s contribution to AU$200 million

by Ben Blaschke
Wed 9 Apr 2025 at 05:40

Star Entertainment Group’s largest individual shareholder Investment Holdings Pty Ltd has entered into a binding term sheet with US casino operator Bally’s Corp that will see it subscribe for AU$100 million (US$60 million) in convertible bonds, reducing in the process...

RWLV names former MGM executive Greg Shulman as EVP of International Marketing

RWLV names former MGM executive Greg Shulman as EVP of International Marketing

by Newsdesk
Wed 9 Apr 2025 at 05:35

Genting Group’s US flagship Resorts World Las Vegas (RWLV) has announced the appointment of casino industry veteran Greg Shulman as Executive Vice President of International Marketing. Continuing the property’s recent management overhaul, RWLV said Shulman will lead its international casino...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English