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4H Agency x Casino Guru News: A New Era for Gambling Regulation in the UAE

INDUSTRY NEWS AND INSIGHTS GAMBLING MARKET OVERVIEWS
The UAE is embracing a transformative shift in gambling regulation, transitioning from strict prohibition under Islamic law to a controlled and regulated industry. The 2023 establishment of the General Commercial Gaming Regulatory Authority (GCGRA) marked a key milestone, introducing a licensing framework aimed at economic growth and transparency.

Ivan Kurochkin, Partner and Head of Consulting at 4H Agency, dives into what this means for the industry.

Key Insights

Licensing Framework

The GCGRA licenses various activities, including:

  • Gaming Facility Operator License: For casinos and slot machines.
  • Internet Gaming Operator License: For online gambling in Dubai and the UAE.
  • Sports Wagering Operator License: For sports betting.
  • Lottery Licenses: Exclusively granted to The Game LLC for the UAE Lottery.

Licenses ensure reputable, financially stable operators and personnel enter the UAE market.

Licensing Process

Applicants undergo a multi-step process involving initial screening, in-principle approval, and final application review. Compliance with the "bad actor clause" ensures international credibility. Licenses, such as Wynn Resorts’ 15-year term, reflect long-term stability.

Taxation and Fees

Tax rates include 25% for general gambling and 8% for premium services. Specific licensing fees and terms are evolving as the market develops.

Advertising and Technical Standards

Operators must meet strict technical standards like GLI certifications and follow responsible advertising rules to protect minors and vulnerable groups.

Market Dynamics

High entry thresholds favor established operators. Major players like Wynn Resorts and Aristocrat highlight the market’s exclusivity. The UAE is set to lead regional gambling regulation.
Explore the UAE’s new gambling regulations and licensing requirements in our full article here.
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