Search volumes for safe online casinos in the UAE have jumped by 6600% since 2015. This massive increase shows how the Emirates' gambling scene has changed right before our eyes.
The UAE's stance on gambling is changing. The country created the General Commercial Gaming Regulatory Authority (GCGRA) to handle gaming licenses and regulations. Wynn Resorts has grabbed the first commercial gaming license and plans to build a multibillion-dollar resort. This marks a turning point for UAE's safe online casinos and the region's gaming sector. A recent survey shows that 42.2% of people still oppose casino legalization because it clashes with Emirati cultural values.
The financial opportunity looks promising. Wynn Resorts CEO Craig Billings and Bloomberg predict that gambling could bring $7-8 billion in yearly revenue to the UAE. This potential windfall helped push the government to create new laws for gambling licenses and casino operations. UAE residents who now use offshore gambling sites might soon see changes in how safe online casinos operate in their country.