UAE (Ras al Khaimah): Integrated Resorts Entity to be Established

News developments

UAE (Ras al Khaimah): Integrated Resorts Entity to be Established

Khaleej Times (United Arab Emirates), 25 January 2022: Ras al Khaimah’s Tourism Development has announced it is going to establish a new integrated resorts entity.

It will include hotel operations, convention spaces, entertainments, restaurants and lounges, spas and retail and gaming facilities.

The Department of Entertainment and Gaming Regulation will comply with global best practices in gaming regulation which operate as part of integrated resorts across various jurisdictions globally.

It will also consider the Emirate’s social, cultural and environmental landscape. In addition, it will cover licensing, taxation, operational procedures and consumer safeguards.

It will be responsible for creating a robust framework which will ensure responsible gaming at every level.

It will address the entire gaming enterprise in integrated resorts and all the relevant laws and regulations, including financial crime laws are complied with by operators, suppliers and employees.

The regulations will also cover marketing, advertising and financial transactions.

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Benjamin Filaferro