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    Dubai Tourism Chief States City Won’t Become Gaming Destination, Despite MGM and Caesars Projects

    Postado por Teste em 03/mar/2020 - Sem Comentários

    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 don’t get the idea that is wrong casinos and gambling are not arriving at the region.

    Dubai hosts the globe’s building that is tallest and some of the many fascinating artificial 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 in the Quran.

    This week, Dubai Corporation for Tourism and Commerce CEO Issam Kazim was asked if there was a growing appetite to welcome casinos to the city during an interview with Gulf News.

    ‘No, there isn’t a desire for casinos,’ Kazim declared. ‘ We have to bear in mind that you can find cultural things that are really a priority to us.’

    Non-Gaming Horizons

    MGM Resorts and Caesars Entertainment, respectively ranked number 2 and #5 in terms of gross gaming revenue of the earth’s casino operators, are starting the center East for the time that is first way of Dubai.

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

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

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

    Caesars CEO Mark Frissora said the venture into Dubai is element of its post-bankruptcy consider expanding to international areas and lending the brand to hoteliers. Bob Morse, the company’s president of hospitality, said its Bluewaters partners Meraas put any gambling talk ‘to rest really quickly.’

    Expanding Tourism

    The biggest and most populated town in the United Arab Emirates (UAE), over the last decade Dubai leaders have actually made an endeavor to become less reliant on oil. Expanding the tourism sector was a center point, and billions of dollars have actually been invested, lots of that are monies tied to the House of Al Falasi, the Dubai royal family.

    One of the city’s main draws are the synthetic islands built into the Persian Gulf.

    Dubai is today the sixth city that is most-visited the planet, according to the World Economic Forum. Nearly 15 million individuals checked out in 2017, lots that’s behind only Hong Kong, Bangkok, London, Singapore, therefore the world’s gambling hub that is richest, Macau.

    Dubai is thought to be a modern city, and has now eased some restrictions on what’s otherwise considered haram vices. Adult non-Muslims are permitted to eat alcohol in licensed venues typically present city resorts.

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

    However, city officials in Dubai have a committed goal of welcoming 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, Learn Reveals

    Nevada is America’s most state that is gambling-addicted in accordance with a new study conducted by WalletHub.com, an online personal finance website. It’s most likely the least study that is surprising since one which revealed that more than 50 percent of teens are addicted to their mobile devices.

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

    Which should come as surprise that is little however the placement of some other states into the study results may be worthy of a few raised 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 assessment considered two main areas, ‘gambling friendliness’ (a quotient that combined a number of gaming factors for every state) and ‘gambling problem and treatment.’ The weighted groups included factors such as for instance the number of commercial and tribal casinos per capita, and portion of adults 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 first in gambling friendliness, and 10th in gambling issue and treatment.

    Nevada has the most gambling enterprises and gaming devices per capita, and fifth-highest rate of gambling addiction.

    One may suspect nj-new Jersey or Pennsylvania in the future next, but that ‘honor’ goes to South Dakota, which scored 53.1. Rounding out the top five most gambling-addicted states are Montana (52.9), Mississippi (51.8), and Louisiana (44.7).

    Four of the top five are repeat offenders. Louisiana is the newest entry, up from number 9 in 2017, while West Virginia (#5 in 2017), dropped back once again to #6 this year.

    Listing Up and Down

    Pennsylvania — which yields the second-most gaming that is gross revenue behind only Nevada — placed #27 on last years WalletHub list. But with the Keystone State in the process of further expanding its commercial industry with as many as 10 satellite that is new, along with impending on line gambling and day-to-day fantasy activities, 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 nj-new jersey dropped two spots to #8. The Garden State ranks 2nd in gambling treatment and problem, with nearly three percent of most adults recognized as have a gambling disorder.

    Implications of Legal Sports Betting

    Much of the US might find their ‘gambling friendliness’ score increase, should sports betting be legalized for several 50 states. The Supreme Court is expected to soon hand straight down its opinion on the current federal ban that prohibits the activity 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 viewpoint that eliminating unregulated illegal offshore and underground sportsbooks is in the best interest of both consumers and the gaming industry.

    ‘ The reason that is main states want gambling is money. Why not make sports betting 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 recreations gambling laws in https://gamblingprofessors.com/tr/ the coming years should SCOTUS repeal the ban that is federal.

    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 was granted permission by the Indiana Gaming Commission to go its operations onto dry land, hundreds of kilometers south the Louisiana Senate had been approving a bill that would additionally 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 into the drink. He really wants to modernize the state’s casino industry so that it can compete having its next-door neighbors. (Image: Sarah Camard/Gambit Weekly)

    The Louisiana Senate voted 22-14 to pass through State Senator Ronnie Johns’ (R-Lake Charles) SB316, which would enable the state’s 15 riverboat gambling enterprises to make the leap that is evolutionary provided 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 facility to have a functional paddle wheel.

    Horseshoe Gets Lucky

    Indiana passed a bill that is similar 2015, and not just a minute too quickly for the Horseshoe which includes 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 present closure ended up being in February, at great cost to their state.

    The Indiana regulator on Tuesday approved a $85 million land-based center or should that be ‘above-land-based center,’ 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 to the state,’ said Brad Siegel, senior vice president during the Horseshoe. ‘We appreciate the Commission’s decision today and appearance ahead to continuing our positive working relationships at the State and local level.’

    Evolution or expansion?

    Much of the debate in Louisiana, meanwhile, was whether Johns’ bill constituted gambling expansion, since it proposes reworking the cap on casino floor space. The limit that is current of square foot would be changed by a cap on gambling positions or the amount of seats in front of slots at 2,365.

    Johns said his bill would modernize the state’s creaking casino sector, enabling it to incorporate bigger slots aided by the cutting-edge technology that is latest, which will help it to deflect competition from the casinos of Oklahoma and Mississippi.

    State Senator Danny Martiny (R-Dist. 10) agreed, and berated other senators who thought otherwise.

    We have got a business that is providing us with income, thank Jesus,’ Martiny said. ‘Everybody that’s against it, sure doesn’t shy away from coming to Appropriations and asking for some of that cash.

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