Ras Al Khaimah to regulate integrated resorts, responsible gaming

Supplied

Ras Al Khaimah Tourism Development Authority (RAKTDA) has announced the formation of a new division focused on the regulation of 'integrated resorts'.

These include hotel operations, convention space, entertainment, restaurants and lounges, spa, retail and gaming facilities.

The Department of Entertainment and Gaming Regulation within RAKTDA will consider the social, cultural, and environmental landscape of the emirate and cover licensing, taxation, operational procedures, and consumer safeguards.

The foremost priority of this new division is to create a robust framework that will ensure responsible gaming at all levels.

It will follow global best practices in the regulation of gaming that operate as part of integrated resorts across various jurisdictions worldwide.

The regulatory structure will address the entire gaming enterprise within integrated resorts, requiring compliance with all applicable laws and regulations (including financial crime laws) from operators, suppliers and employees.

Additionally, the regulations will cover marketing, advertising, and financial transactions, ensuring that these areas comply with the Department of Entertainment and Gaming Regulation.

The news comes after Ras Al Khaimah announced plans to open a multi-billion dollar resort on Marjan Island in partnership with the US-based Wynn Resorts.

The planned destination will feature a luxury hotel with more than 1,000 rooms and extensive entertainment choices, including a gaming area.

Scheduled to open in 2026, the multipurpose integrated resort marks the largest-of-its-kind foreign direct investment in Ras Al Khaimah.

More from Local

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.