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 don't get the wrong idea: casinos and gambling are not coming to the spot.
Dubai houses the world's tallest building plus some of the most fascinating artificial islands, but casinos won't presumably be coming anytime soon.
Gambling is considered 'haram' under Islamic law: a forbidden activity that goes against sacred texts present 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 there are cultural things that are a definite concern to us.'
MGM Resorts and Caesars Entertainment, respectively rated number 2 and #5 when it comes to gross gaming revenue of the planet's casino operators, are getting into the Middle East for the first-time by way of Dubai.
In March 2017, MGM reached a working contract 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.
Earlier this month, Caesars Entertainment announced a partnership with Meraas, additionally a Dubai development firm, to manage and run component of the $1.6 billion man-made Bluewaters Island. Caesars will likely 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 element of its post-bankruptcy focus on expanding to international areas 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 very quickly.'
The biggest and many populated town in the United Arab Emirates (UAE), over the last decade Dubai leaders have actually 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, a lot of which are monies associated with the home of Al Falasi, the Dubai family that is royal.
One of the city's main draws are the synthetic islands built in the Persian Gulf.
Dubai is today the sixth most-visited town in the entire world, according to the entire world Economic Forum. Nearly 15 million individuals checked out in 2017, lots that's behind only Hong Kong, Bangkok, London, Singapore, plus the world's richest gambling hub, Macau.
Dubai is thought to be a city that is progressive and it has eased some restrictions about what's otherwise considered haram vices. Adult 1xbet nasıl non-Muslims are permitted to consume alcohol in licensed venues typically present in city resorts.
But gambling — frequently included on so-called 'sin industry' lists, along with alcohol, tobacco, weapons production, and products that are sex-related; is not likely to be coming to Dubai any time soon, if ever.
However, city officials in Dubai have an ambitious goal of welcoming 20 million tourists a year by 2020, which would make it the third most-visited locale in the globe.
Shocker, Not: Nevada Most Gambling-Addicted State, Study 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 surprising study outcomes since one which revealed that more than 50 percent of teenagers are dependent on their mobile phones.
Nevada holds the record for the many addicted gamblers, a brand new study programs. With no one is surprised. (Image: File/Getty)
Which should come as surprise that is little nevertheless the positioning of some other states into 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 areas that are main 'gambling friendliness' (a quotient that combined many different gaming factors for every single state) and 'gambling issue and treatment.' The weighted categories included factors such as the quantity of commercial and tribal gambling enterprises per capita, and percentage of adults with gambling disorders and parallel available number of behavioral counselors.
Nevada topped the list of most gambling-addicted states with a total score of 62.43. It ranked very first in gambling friendliness, and 10th in gambling issue and therapy.
Nevada gets the most casinos and gaming machines per capita, and fifth-highest rate of gambling addiction.
One might suspect New Jersey or Pennsylvania in the future next, but that 'honor' goes to South Dakota, which scored 53.1. Rounding out of 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 entry that is newest, up from #9 in 2017, while West Virginia (#5 in 2017), dropped back to number 6 this year.
Listing Up and Down
Pennsylvania — which yields the second-most gaming that is gross revenue behind only Nevada — put #27 on last years WalletHub list. But with the Keystone State in the process of further expanding its commercial industry with as many as 10 satellite that is new, along with impending online gambling and day-to-day dream 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. 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 fell 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
Much of the US will see their 'gambling friendliness' score increase, should activities betting be legalized for several 50 states. The Supreme Court is expected to soon hand down its viewpoint on the current federal ban that prohibits the activity in most 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, with all the general opinion 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. Have you thought to make sports betting legal? Gamblers will gamble anyhow,' Indiana University Department of Psychological and Brain Sciences Professor Emeritus Jim Sherman noted.
as 20 states would be anticipated to pass recreations gambling laws in the coming years should SCOTUS repeal the ban that is federal.
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 had been granted permission by the Indiana Gaming Commission to go its operations onto dry land, hundreds of kilometers south the Louisiana Senate had been 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 in the beverage. He would like to modernize the state's casino industry so it can compete featuring 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 will let the state's 15 riverboat casinos to help make the leap that is evolutionary provided 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 calls for each center to have a functional paddle wheel.
Horseshoe Gets Lucky
Indiana passed a similar bill in 2015, and not a moment too soon for the Horseshoe which has been power down on at least five occasions as a result of the flooding of the Ohio river where it has been permanently docked since its establishment in 1998. The absolute most current closure was in February, at great cost to their state.
The Indiana regulator on Tuesday approved a $85 million land-based facility 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 demonstrates our continued enthusiasm for and commitment to your 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.'
Expansion or development?
Much 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 legs would be replaced by a cap on gambling positions or the amount of seats in front side of slots at 2,365.
Johns said his bill would modernize the state's creaking casino sector, enabling it to incorporate bigger slots with 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) agreed, and berated fellow senators who thought otherwise.
We have got an industry that's 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 cash.