Casino In Dubai
Casino In Dubai – There will be no casino, but could the hotel famous for legendary title fights herald a new era of boxing in the Middle East?
Caesars Palace is world famous for hosting some of the greatest boxing matches in history and one of the most popular casinos on the Las Vegas Strip.
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And now the company behind that glamor and success is bringing a taste of the big time to Dubai, as a second Caesars Palace is planned for the Bluewater Island development of Jumeirah Beach Residences.
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A partnership between Meras and Caesars Entertainment will bring two luxury hotels, a conference center and a beach club to the resort later this year.
Details of the decor and design of the Dubai hotel are under wraps, but in line with UAE gambling laws, the Dubai facility will not accept any wagers.
The exclusive 178-key Caesars Palace Bluewater Dubai, the second Caesars Palace in the world, will feature an indoor and two outdoor pools, a 630 square meter spa and wellness center with stunning views of Ain Dubai and six restaurants.
Caesars Bluewater Dubai’s second hotel will have 301 rooms, two outdoor pools, three ‘world-class’ restaurants, three meeting rooms with business services and an 850 square meter event hall.
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Both hotels will have an array of amenities and services and will offer guests direct access to a 450-metre private beach.
“Through our collaboration with Meras, we look forward to Bluewater Island becoming the region’s premier hospitality, dining and entertainment destination,” said Mark Frisora, President and CEO of Caesars Entertainment.
“This project represents Caesars’ ability to focus on our strengths in hospitality, as well as strengthen our commitment and ability to establish brands in new global markets.”
Caesars Palace Hotel in Las Vegas is famous for its big boxing matches. Jae C Hong / AP
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The Nevada Hotel has become one of Las Vegas’ most recognizable landmarks. Inspired by the surroundings of ancient Rome, the hotel’s outdoor arena has hosted many memorable world title fights.
Muhammad Ali, Larry Holmes, Roberto Duran, Wladimir Klitschko and the more famous Sugar Ray Leonard and Marvin Hagler fought there, but details about the possibility of Dubai Caesars Palace hosting similar international events have not been confirmed.
Bluewaters is an artificial island off the coast of JBR. According to Dubai Tourism Vision 2020, it is expected to become a world-famous tourist hub.
More than 1,500 local and international companies are working with Meras, the lead developer, on the project. The centerpiece of the project will be the 210-metre Ain Dubai – the world’s tallest and largest Ferris wheel, offering a 360-degree view of the city.
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“Meras is dedicated to implementing our vision of smart leadership and establishing Dubai as a global tourism destination in line with the Dubai Tourism Vision 2020,” said Abdullah Al Habbai, Chairman of Meras Group.
“We are creating unique experiences and leveraging strategic partnerships to showcase the best that Dubai can offer its visitors.
“The historic agreement with Caesars Entertainment, which aims to establish Bluewater as a world-class tourist attraction with exclusive international entertainment opportunities, is a significant achievement for the emirate’s thriving hospitality and entertainment sectors.” Dubai, November 10 () – Hotels and casinos. Operator Wynn Resorts will open a casino at a luxury resort it is building in the United Arab Emirates (UAE), Chief Executive Craig Scott Billings said, a first in the Arabian Gulf region, where gambling has long been banned.
The casino marks a watershed for the Gulf, a region that traditionally enforces stricter Islamic rules than other parts of the Middle East.
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The prospect of a new casino comes against a backdrop of intense competition in the Gulf, with the UAE’s trade and tourism hub vying to become Saudi Arabia’s fastest growing destination to diversify its oil-dependent economy.
The emirates of Ras Al Khaimah and Wynn announced in January that the resort had been granted a gaming license without specifying gambling, sparking renewed speculation that casinos are being introduced in other UAE emirates such as the regional tourism hub of Dubai.
Billings confirmed on Wednesday’s earnings call that the casino would be completed in 2026 on an artificial island off the coast of Ras Al Khaimah.
“The casino component, where at least for a while we’ll be operating ourselves, which makes it very exciting, will be a little bit bigger than the Wynn Las Vegas,” he said.
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“When you think about a market that you’re in – where you’re going to be, for a while, the sole operator, you certainly don’t want to hurt the casino, but you want to keep that feeling of energy,” he added.
Ras Al Khaimah is one of the smallest and least known of the seven emirates of the United Arab Emirates. In Dubai’s regional business hub, Caesars Palace currently has a non-casino resort and MGM Resorts International is building the resort. The casino is seen inside the cruise ship Elizabeth II, opened as a hotel, in Dubai, United Arab Emirates, on April 18, 2018. (Reuters/Ahmed Jadallah)
Ras Al Khaimah, one of the smallest and least known of the seven emirates, said earlier this year that it plans to introduce gambling laws in some resorts. On the same day, Las Vegas casino giant Wynn Resorts said it would build a sanctioned gaming or gambling resort on the man-made island.
The announcements could mark a significant moment for the Gulf, a part of the Middle East that traditionally has strict Islamic rules. The game has been off limits for a long time.
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Currently, those who want to play go to the Casino du Liban, in Lebanon, or to some hotels in Egypt.
Two people with knowledge of the matter told Reuters that gambling would be allowed in some form in the UAE. But, they added, it will be up to each emirate if and how to make regulations about this – as Sharjah, unlike other emirates, does not allow the sale of alcohol. They also said the policy change would happen soon, without giving an exact date.
Casino and hotel companies that have moved to the UAE could benefit if Ras Al Khaimah paves the way for other emirates to follow.
Caesars Palace, which opened in Dubai in 2018 and is the only US giant Caesars Entertainment resorts without a casino, said it would investigate any possibility of gambling in Dubai.
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About 10 kilometers off the coast of Dubai from Caesars Resort, excavation has begun in another area to support a new resort for Las Vegas gambling company MGM Resorts International.
Asked if it would consider introducing gaming to the resort, MGM said “gaming is not part of the plan and there are no updates to our plans.”
The UAE government media office, as well as media offices in the emirates of Dubai, Abu Dhabi and Sharjah, did not respond to requests for comment on Ras Al Khaimah’s plan to allow gambling and whether they planned to do so. a similar change.
A likely bet against strong competitive conditions in the Gulf, the UAE could compete with Saudi Arabia to become a popular destination in a part of the world that is far from oil.
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The UAE, where expatriates make up 90 percent of the population, has already moved to other areas to maintain its first-mover advantage in Saudi Arabia.
Emirates switched to a Saturday-Sunday weekend this year to be closer to the international market. A Friday-Saturday weekend is common in many Muslim nations.
Over the past 18 months, the UAE has introduced legal changes, including those governing the use of alcohol and the conditions under which singles live together.
In 2020, it launched a national “Lotto”. Players purchased a “collectible” image of a UAE scene such as the Burj Al Arab hotel for $9.50. Buyers participated in the raffle. Now, players who want to participate in the draw buy a bottle of water that will be donated to a charity to win the top prize of 10 million dirhams.
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Gambling was considered acceptable under Islamic law because there was an “exchange of value” in purchasing the collectible or bottle.
Ras Al Khaimah’s newly created Entertainment and Gaming Regulation Bureau will introduce legislation that will emphasize responsible gaming.
The Ras Al Khaimah Tourism Development Authority did not respond to Reuters questions about how its plans would work with federal anti-gambling laws.
Vitaly Umansky, a gambling expert at the Sanford C. Bernstein Investment Company in Hong Kong, suggested that chances of gambling in Ras Al Khaimah would be limited to foreigners.
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Lisa Barrington and Farah Master reported this story to Reuters. John Russell adapted it for learning English.
Decriminalize – v. To lift the strict ban on something by keeping it under some form of regulation as we all know that UAE religion forbids gambling. Therefore, there is no visualization of the destination associated with this activity in the entire area. But Wynn Resorts Group could change the face of the UAE and make it ‘hit the jackpot’. A new market in the UAE that has never legalized gambling before has caught the eye of an American casino developer. A