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Mar

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 cannot obtain the idea that is wrong casinos and gambling are not arriving at the spot.

Dubai is home to the world’s building that is tallest plus some of the most fascinating synthetic islands, but casinos won’t presumably be coming anytime soon.

Gambling is considered ‘haram’ under Islamic law: an activity that is forbidden goes against sacred texts present the Quran.

During an meeting with Gulf News this week, Dubai Corporation for Tourism and Commerce CEO Issam Kazim was asked if there clearly was an evergrowing appetite to welcome casinos to the city.

‘No, there is not a desire for casinos,’ Kazim declared. ‘ We have to bear in head that you can find cultural items that are really a priority to us.’

Non-Gaming Horizons

MGM Resorts and Caesars Entertainment, respectively rated #2 and #5 with regards to gross gaming revenue of the earth’s casino operators, are getting into the Middle East for the time that is first way of Dubai.

In March 2017, MGM reached a running agreement with Dubai-based Wasl Hospitality and Leisure to advise on the growth of the destination resort, and when completed in 2021, run its operations.

The 26-acre beachfront complex will feature the MGM Hotel, MGM Residences, and Bellagio Hotel.

Early in the day this month, Caesars Entertainment announced a partnership with Meraas, additionally a Dubai development firm, to manage and run part of the $1.6 billion Bluewaters that is man-made Island. Caesars are responsible for hospitality and entertainment in the artificial land that measures roughly 80 acres.

Caesars CEO Mark Frissora stated the venture into Dubai is element of its post-bankruptcy focus on expanding to markets that are international 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.’

Expanding Tourism

The largest and many city that is populated the United Arab Emirates (UAE), throughout the last decade Dubai leaders have actually made an endeavor to become less reliant on oil. Expanding the tourism sector happens to be a focal point, and billions of dollars have been invested, lots of which are monies tied to the home of Al Falasi, the Dubai royal family members.

One of the city’s main draws are the artificial islands built within the Persian Gulf.

Dubai is now the sixth most-visited town in the planet, in accordance with the 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 considered to be a city that is progressive and has now eased some restrictions on which’s otherwise considered haram vices. Adult non-Muslims are permitted to consume alcohol in licensed venues typically present city resorts.

But gambling — frequently included on so-called ‘sin industry’ listings, along with alcohol, tobacco, weapons manufacturing, and products that are sex-related; is unlikely to be coming to Dubai any time soon, if ever.

However, city officials in Dubai have a committed goal of inviting 20 million tourists per year by 2020, which would make it the third locale that is most-visited the world.

Shocker, Not: Nevada Most Gambling-Addicted State, Research Reveals

Nevada is America’s most state that is gambling-addicted according to a new study conducted by WalletHub.com, an online personal finance internet site. It’s possibly the least study that is surprising since one that revealed that more than 50 percent of teens are dependent on their cellular devices.

Nevada holds the record for the most addicted gamblers, a study that is new. With no one is surprised. (Image: File/Getty)

That will come as little surprise, nevertheless the positioning of various other states within the study results may be worthy of several elevated 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 evaluation considered two main areas, ‘gambling friendliness’ (a quotient that combined a number of video gaming factors for every state) and ‘gambling problem and treatment.’ The weighted categories included factors such as the range commercial and tribal gambling enterprises per capita, and percentage of grownups with gambling disorders and parallel number that is available of counselors.

Nevada topped record of most gambling-addicted states with a score that is total of. It ranked very first in gambling friendliness, and 10th in gambling treatment and problem.

Nevada has the most casinos and gaming devices per capita, and rate that is fifth-highest of addiction.

One might 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 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 number 9 in 2017, while West Virginia (#5 in 2017), dropped back again to no. 6 this present year.

Listing Down And Up

Pennsylvania — which creates the second-most gross gaming casino revenue behind only Nevada — put #27 on final years WalletHub list. But with the Keystone State in the process of further expanding its commercial industry with as many as 10 new satellite casinos, along with impending online gambling and day-to-day dream sports, and slots 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. No state has more gambling-related arrests per capita, according to WalletHub though Illinois ranks 25th in gaming machines per capita and 21st in lottery sales.

Atlantic City’s New Jersey dropped two spots to #8. The Garden State ranks 2nd in gambling issue and treatment, with nearly three per cent of all adults recognized as have a gambling disorder.

Implications of Legal Sports Betting

Much of the US will dsicover their ‘gambling friendliness’ score increase, should recreations betting be legalized for several 50 states. The Supreme Court is expected to soon hand down its viewpoint 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 federal level. All five said it will, aided by the basic opinion that eliminating unregulated illegal offshore and underground sportsbooks is in the interest that is best of both consumers and the gaming industry.

‘ The reason that is main states want gambling is money. Have you thought to 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 expected to pass sports gambling 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 very day that the Horseshoe Southern Indiana ended up being granted authorization by the Indiana Gaming Commission to move its operations onto dry land, hundreds of miles south the Louisiana Senate ended up being approving a bill that would also propel its own riverboat gambling enterprises onto terra firma.

State Senator Ronnie Johns believes Louisiana riverboat casinos should be allowed to come onto dry land after 25 years in the beverage. He wants to modernize the state’s casino industry therefore it can compete having 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 allow the state’s 15 riverboat gambling enterprises to help make the leap that is evolutionary 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 center to have a paddle wheel that is operational.

Horseshoe Gets Lucky

Indiana passed a similar bill in 2015, and not a moment too quickly for the Horseshoe that has been shut 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. Probably the most closure that is recent in February, at great cost to their state.

The Indiana regulator on Tuesday approved a $85 million facility that is land-based should that be ‘above-land-based facility,’ because the Caesars-owned casino will be slightly elevated to negate the risk of flooding.

‘This task further demonstrates 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 look forward 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 expansion that is gambling since it proposes reworking the cap on casino floor space. The limit that is current of square legs would be changed by a limit on gambling positions or the amount of seats in front of slots at 2,365.

Johns said his bill would modernize hawaii’s creaking casino sector, allowing https://gamblingprofessors.com/ it to incorporate bigger slots using 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 is providing us with income, thank God,’ Martiny said. ‘Everybody that is against it, sure doesn’t shy far from coming to Appropriations and asking for some of that money.