The gaming authority of the United Arab Emirates just handed Wynn Resorts a second massive win in as many months. After awarding Wynn the first commercial casino license in the emirates in October, the head of the UAE’s General Commercial Gaming Regulatory Authority (GCGRA) said this week that the emirates won’t be holding the door open for other casino operators to flood into the nascent market anytime soon.
“The process has been moving very deliberately here,” Jim Murren, chairman of GCGRA, told attendees of the Skift Global Forum East 2024 on Wednesday. “The government has been very clear they want to have a state of the art, highly compliant, very rigorous regulatory regime to make sure this is going to be world class from a regulatory perspective.”
