Close Menu
  • WORLD
  • UAE
  • Business
  • Entertainment
  • Lifestyle
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

UAE Mandates Visitor Advertiser Permit for Influencers Posting Paid Content

August 6, 2025

Dubai’s Museum of the Future Welcomes 4 Million Visitors Ahead of 4th Anniversary

August 3, 2025

Dubai Entrepreneur Manan Shaikh Driving Business Growth Across the UAE

July 25, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
Dubai.News: Stay Updated With The Latest UAE & Global News
Subscribe Login
  • WORLD
  • UAE
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Dubai.News: Stay Updated With The Latest UAE & Global News
  • Home
  • UAE
  • Middle East
  • WORLD
  • Entertainment
Home - UAE - UAE Lottery Receives First Licence, Signaling Growth in Gaming Sector
UAE

UAE Lottery Receives First Licence, Signaling Growth in Gaming Sector

Web DeskBy Web DeskJuly 29, 20242 Mins Read
Share Facebook Twitter WhatsApp Email LinkedIn Telegram
AFP

This means that authorisation and legal licensing for the UAE’s first lottery has been granted thus boosting the growth of the contest category in the region’s gaming sector. Administered by The Game LLC using the UAE Lottery brand name, this new business is expected to provides a number of games that reflect people’s interests and abilities to pay.

The United Arab Emirates new General Commercial Gaming Regulatory Authority (GCGRA) that was formed in September issued the licence on Sunday. This is considered as creitical in establishing a properly regulated on-line commcerical gaming industry in the UAE.

The following argument is supported by Jim Murren, the chairman of the GCGRA: The UAE Lottery has finally begun to signify the disciplined regulation to signify the authority’s commitment to a secure and enriched gaming environment. Kevin Mullally, CEO, GCGRA also explained that the regulatory program aimed at the protection and safeguard of all lottery services and facilities, as well as all forms of commercial gaming.

Based on the concept, the GCGRA seeks to emulate the best practices in consumer protection and regulation all over the world and provide resources that will enable consumers keep track of their gaming activities. Furthermore, aware of the competition, the authority is attempting to invest in new technologies for developing games that are secure and entertaining, thus boosting consumer-oriented innovation.

This move comes after the UAE Lottery halted its prize draw in the early part of this year and as the GCGRA works on putting up a solid and orderly legal framework. Based on the findings of the GCGRA, it is evident that participating in unlawful monetary gaming activities is unlawful and attracts stern action.

The newly developed website of the GCGRA adds that it is the only organisation legally authorised to regulate, license and oversee commercial gaming in UAE. These are lottery, internet gaming, sports betting, and land based integrated resort or casino facilities. Based on definition provided by the GCGRA, the meaning of ‘commercial gaming’ can be stated as any game of chance, or mix of chance and skill in which money is accepted for the purpose of betting in order to win something.

UAE lottery shall serve as the model of how other games of chance shall be conducted and regulated in the region while offering safe ground to all the players.

Print Friendly, PDF & Email
Share. Facebook Twitter WhatsApp Email Copy Link
Previous ArticleEscape to Sofitel Al Hamra Beach Resort for a Memorable Summer Getaway
Next Article Kuwait Poised to Meet Global Low-Sulfur Fuel Demand
Web Desk

Related Posts

UAE Mandates Visitor Advertiser Permit for Influencers Posting Paid Content

August 6, 2025

Dubai’s Museum of the Future Welcomes 4 Million Visitors Ahead of 4th Anniversary

August 3, 2025

Dubai Entrepreneur Manan Shaikh Driving Business Growth Across the UAE

July 25, 2025

Top 3 Adrenaline Adventures to Experience in Dubai Right Now

July 19, 2025
Demo
Just In

UAE Mandates Visitor Advertiser Permit for Influencers Posting Paid Content

August 6, 2025

Dubai’s Museum of the Future Welcomes 4 Million Visitors Ahead of 4th Anniversary

August 3, 2025

Dubai Entrepreneur Manan Shaikh Driving Business Growth Across the UAE

July 25, 2025

Top 3 Adrenaline Adventures to Experience in Dubai Right Now

July 19, 2025
  • Twitter
  • Instagram
Don't Miss
UAE

UAE Mandates Visitor Advertiser Permit for Influencers Posting Paid Content

Influencers and content creators visiting the UAE must now secure a Visitor Advertiser Permit before…

Print Friendly, PDF & Email

Dubai’s Museum of the Future Welcomes 4 Million Visitors Ahead of 4th Anniversary

August 3, 2025

Dubai Entrepreneur Manan Shaikh Driving Business Growth Across the UAE

July 25, 2025

Top 3 Adrenaline Adventures to Experience in Dubai Right Now

July 19, 2025

Subscribe to Updates

Get the latest updates from Dubai News.

About Us
About Us

Dubai News (Formerly Fame News) is a leading news platform founded by Sheeraz Hasan, covering UAE and international news, entertainment, and technology. It is a sister concern of Fame by Sheeraz.

Email Us: sheeraz@fame.me

Facebook X (Twitter) Instagram

Subscribe to Updates

Get the latest news from Duabai News about UAE and international news, entertainment, and technology.

Facebook X (Twitter) Instagram LinkedIn
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
A Fame By Sheeraz Media Company.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?