UAE regulator publishes commercial gaming licensing procedures and names lottery licensee

The UAE’s General Commercial Gaming Regulatory Authority launched a website detailing licensing procedures and named Game LLC, a Momentum subsidiary, as recipient of the country’s first federal lottery licence, according to a report. CBRE analyst John DeCree said the published procedures could ease investor concerns about integrated resorts, including Wynn Resorts’ Al Marjan Island project. The report said the GCGRA’s referenced legal documents were not yet public.