The United Arab Emirates (UAE) has established the General Commercial Gaming Regulatory Authority (GCGRA) to oversee its emerging gambling industry, and it has enlisted experienced figures from the US gaming sector to lead the initiative. The GCGRA will play a pivotal role in shaping the UAE’s gaming landscape, including the development of its first casino resort, the Wynn Al Marjan Island in Ras Al Khaimah.
Former Chairman and CEO of MGM, Jim Murren, has been appointed as the Chair of the GCGRA, while Kevin Mullally, formerly the Vice President of Government Relations and General Counsel for Gaming Laboratories, will serve as the CEO.
The Wynn Al Marjan Island project is slated to cost approximately $3.9 billion and is expected to open its doors in 2027.
Jim Murren, the new GCGRA Chair, expressed his enthusiasm for the regulatory initiative and praised Kevin Mullally’s appointment, citing his extensive experience as invaluable in crafting an effective regulatory framework for the UAE.
The GCGRA’s mission is to establish a socially responsible and well-regulated gaming environment, ensuring strict adherence to guidelines and the highest standards. The authority will coordinate regulatory activities, manage national licensing, and responsibly harness the economic potential of commercial gaming.
In summary, the UAE’s creation of the GCGRA signifies its commitment to developing a structured and responsible gaming sector, with the guidance of seasoned professionals from the US gaming industry.
Original story by: Gambling Insider
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