Genting Group, one of the world’s largest casino operators, has confirmed its willingness to explore the possibility of developing an integrated casino resort project in the United Arab Emirates (UAE). The news comes as a surprise to many in the industry, as the UAE has traditionally been a strict Islamic country with gambling prohibited.
Speaking to Yogonet International, a spokesperson for Genting Group stated that the company sees great potential in the UAE market and is keen to explore all possibilities for further expansion in the region. The spokesperson emphasized that Genting is committed to abiding by the regulations and laws of any country it operates in and will ensure that any potential project in the UAE complies with local laws and customs.
The UAE, a country known for its luxury and opulence, has been eyeing the potential of integrated resorts as a way to diversify its economy and attract more tourists. The government has already announced plans to allow for the development of integrated resorts in certain areas, with the aim of boosting tourism and creating new jobs.
Genting Group, with its extensive experience in developing and operating integrated resorts around the world, is seen as a strong contender to enter the UAE market. The company already operates several successful integrated resorts in countries such as Malaysia, Singapore, and the Philippines, and has a proven track record of delivering high-quality gaming and entertainment experiences.
The spokesperson for Genting Group also highlighted the company’s commitment to responsible gaming and ensuring that all projects adhere to strict regulatory standards. They emphasized that Genting will work closely with local authorities and stakeholders to ensure that any potential project in the UAE is developed in a way that benefits the local community and economy.
While the news of Genting’s interest in the UAE market has sparked excitement among industry insiders, some have raised concerns about the potential social impact of introducing gambling to a country with a predominantly Muslim population. However, supporters argue that an integrated resort could bring significant economic benefits to the UAE and help attract a new demographic of tourists to the region.
As Genting Group begins exploratory talks with UAE officials and stakeholders, many will be watching closely to see how the potential project unfolds. With its reputation for excellence in the gaming industry, Genting could be well-positioned to make a successful entry into the UAE market and help shape the future of integrated resorts in the region.
