The UAE’s General Commercial Gaming Regulatory Authority and ADGM’s Financial Services Regulatory Authority signed an agreement to coordinate supervision and share regulatory information. The memorandum also provides for policy discussions and investigative assistance while preserving each authority’s responsibilities.
Gaming businesses operating alongside financial services in the UAE will be subject to coordinated regulatory oversight.
The day’s most important stories, free. One email a day.
Conar and ABRAJOGO have signed an agreement on betting advertising oversight in Brazil. ABRAJOGO can appoint a representative and an alternate to Conar’s betting working group. The agreement includes educating members, agencies, affiliates and influencers about advertising rules, alongside possible monitoring initiatives.
Ireland’s Gambling Regulatory Authority (GRAI) signed a memorandum of understanding with Denmark’s Spillemyndigheden to cooperate on online gambling oversight. The authorities intend to share information, coordinate supervision and work together on enforcement involving businesses operating in both countries.
GCGRA has signed a memorandum of understanding with Abu Dhabi's financial regulator to strengthen cooperation. The UAE gaming authority began operating in 2023 and has issued licences for online and land-based gambling.
The United Arab Emirates is building a regulated gaming sector under the General Commercial Gaming Regulatory Authority rather than opening to unrestricted gambling, Macau-based lawyer Sofia Linhares told AGB. She said the country is setting its framework in place before a large casino industry develops, and that Wynn Al Marjan Island, a $5.1bn resort in Ras Al Khaimah, will be the first major test.
The UAE is developing a regulated commercial gaming sector under the General Commercial Gaming Regulatory Authority, with rules set before the market matures, lawyer Sofia Linhares told Asia Gaming Brief. She said Wynn Al Marjan Island in Ras Al Khaimah, expected to be the country's first casino resort, will test whether gaming complements tourism.