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Business
March 15, 2024
MGM Resorts Not Ready to Give Up on the UAE, Eyes Opportunities in Thailand Too
MGM Resorts International’s chief executive officer, Bill Hornbuckle, commented on the company’s plans for the future at the JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, highlighting opportunities in certain regions. While MGM recently gave up on its Dubai casino plans recently, the company is still proceeding with its hotel offering. According to […]
Casino
February 20, 2024
MGM Resorts Gives Up on Dubai Casino Plans, at Least for Now
Casino and hospitality giant MGM Resorts is giving up on its plans for a Dubai casino, at least for now. Despite that, the company is bullish on seeing its resort megaproject through, with or without a casino. For reference, MGM’s plan for The Island is to construct a three-hotel complex, combining an Aria, an MGM […]
Industry
February 12, 2024
Wynn Plans to Start Hotel Tower Construction for Al Marjan Project
The development of the hotel tower of Wynn Al Marjan Island, Wynn Resorts’ multi-billion-dollar hospitality and entertainment resort, is expected to commence soon. The ambitious project, located on the Al Marjan Island in the United Arab Emirates (UAE), represents a $4 billion investment. Previously, Wynn Resorts spoke about the project, explaining its plans to build […]
Industry
November 29, 2023
UAE’s Regulator Onboards American Lieutenant as Head of Investigations
Earlier this year, the United Arab Emirates founded the General Commercial Gaming Regulatory Authority (GCGRA), a newly formed regulatory body that would oversee the gaming sector. Headed by chairman Jim Murren and CEO Kevin Mullally, the authority continues to build up its team and has now onboarded a new important member. The person in question […]
Casino
November 10, 2023
Wynn Resorts Reports Strong Q3 2023 Financials Amid UAE Expansion Plans
Wynn Resorts, a leading global hospitality and entertainment company, announced stellar financial results for the third quarter ended September 30, 2023. CEO Craig Billings Applauds Wynn Resorts’ Q3 Success and Diverse Portfolio Strength The company reported operating revenues of $1.67 billion, marking a significant increase of $782.2 million compared to the same period in 2022. […]
Sports
October 16, 2023
Kamaru Usman vs. Khamzat Chimaev UFC 294 Odds, Time, and Prediction
Khamzat Chimaev’s UFC 294 odds are -280, suggesting that he’s likely to beat Kamaru Usman on October 21. A couple of reasons for that are that he’s had a full camp and that his opponent is moving up a weight class. However, bigger upsets have happened in the past, so maybe “The Nigerian Nightmare” does […]
Sports
October 16, 2023
Islam Makhachev vs. Aleksander Volkanovski 2 UFC 294 Odds, Time, and Prediction
The reigning UFC Lightweight Champion was originally meant to fight Charles Oliveira in the UFC 294 headliner, but the Brazilian got injured less than two weeks before the event. As a result, we’ve got a new main event – Makhachev vs. Volkanovski 2. Islam Makhachev vs. Aleksander Volkanovski 2 Odds Moneyline Odds Islam Makhachev -260 […]
Casino
October 16, 2023
MGM’s Hornbuckle Expresses Optimism for UAE’s Emergence as Casino Hub
In a speech at the Global Gaming Expo (G2E) in Las Vegas, MGM Resorts International CEO Bill Hornbuckle expressed his optimism about the United Arab Emirates (UAE) becoming a hub for casino resorts. MGM’s Dubai Casino Project Awaits UAE Approval Hornbuckle, during his address at G2E, stated that MGM Resorts is actively working on a […]
Casino
September 23, 2023
JPMorgan Suggests UAE May Approve Gambling Framework in 2023
This is according to analysts from JPMorgan who seem to be inclined to believe that the newly-established regulatory body, the General Commercial Gaming Regulatory Authority or GCGRA is expected to move quicker than anticipated and possibly present the laws that would make it possible to introduce gambling. Already the Groundwork for Something Bigger The regulator […]
Business
September 4, 2023
UAE Gambling Regulator Appoints Jim Murren and Kevin Mullally as Chair and CEO
Jim Murren is a seasoned iGaming veteran who will now be the chairman of the General Commercial Gaming Regulatory Authority (GCGRA), which will help the country set up its gambling industry and establish its first casino resort, the Wynn Al Marjan Island. Gambling Regulator Readying for First Casino Resort The project is estimated to cost […]