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BTCC / BTCC Square / Global Cryptocurrency /
UAE Emerges as Potential Online Casino Market Amid Regulatory Shifts

UAE Emerges as Potential Online Casino Market Amid Regulatory Shifts

Author:
Global Cryptocurrency
Published:
2025-07-30 09:55:02
7
1
BTCCSquare news:

The UAE, long constrained by Sharia law's gambling prohibitions, is showing signs of a strategic pivot. The establishment of the General Commercial Gaming Regulatory Authority (GCGRA) in 2023 marks a deliberate step toward economic diversification, with Wynn Al Marjan Island's planned resort in Ras Al Khaimah serving as a physical manifestation of this shift.

Tourism-driven liberalization mirrors the Emirates' playbook for global relevance—seen in Formula 1 partnerships and football sponsorships. Yet the move into regulated gambling introduces a delicate balancing act: reconciling conservative cultural norms with ambitions to capture a share of the $100B+ global online casino industry.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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