The United Arab Emirates has revealed the establishment of the General Commercial Gaming Regulatory Authority (GCGRA), tasked with introducing a regulatory framework for commercial gaming as well as a national lottery.
According to an announcement issued on Sunday, the GCGRA will be chaired by former MGM Resorts boss Jim Murren, while former Missouri regulator and long-time General Counsel for GLI Jim Mullaly has been appointed CEO.
The GCGRA will create a socially responsible and well-regulated gaming environment, ensuring that all participants adhere to strict guidelines and comply with the highest standards. It will coordinate regulatory activities, manage licensing nationally and facilitate unlocking the economic potential of commercial gaming responsibly.
The authority is led by a team of internationally credentialed leaders with a deep understanding of global best practices in regulating and maintaining an effective, safe and responsible gaming industry.
The establishment of GCGRA comes after Wynn Resorts announced in January 2022 that it would develop a US$3.9 billion integrated resort with gaming on the UAE’s man-made Al Marjan Island in Ras Al Khaimah. The resort, due to open in 2027, will feature a luxury hotel with more than 1000 rooms, a high-end shopping mall, state-of-the-art meeting and convention facility, an exclusive spa, more than 10 restaurants and lounges, an array of entertainment choices and other amenities.