United Arab Emirates
The online gambling market in the UAE is considered illegal due to strict Islamic laws, but with technological advancements and the influence of international platforms, there still exists a potential underground market and the possibility of future liberalization.
BMM Testlabs has received official approval from GCGRA to test and certify gambling products in the UAE.
BMM Testlabs has announced that it has been approved by the UAE Commercial Gambling Regulatory Authority (GCGRA) to begin testing and certifying lottery products for the newly established United Arab Emirates (UAE). BMM Testlabs will leverage its experience in gaming and penetration testing, as well
UAE accelerates market opening! Supplier license approval volume increases by 47% month-on-month.
The United Arab Emirates (UAE) has issued new supplier licenses to EQL Games and Novomatic, while the national lottery operator has partnered with Xpoint to provide geolocation services.The UAE Gambling Regulatory Authority (GCGRA) recently issued additional UAE supplier licenses, including a commer
UAE makes a big move in the gaming industry! Novomatic obtains official license, expanding its global footprint further!
Novomatic obtains UAE gaming supplier license, becoming the third supplier to enter the country.
The United Arab Emirates Gaming Control Board (GCGRA) has announced the issuance of an official gaming supplier license to Novomatic, making it one of the first suppliers to enter the market. With this development, Novomatic's newly acquired UAE Class A license will allow it to distribute its physic
UAE Digital Security Agency: Social Media Recruitment Scams Continue to Rise
The UAE Ministry of Interior's Digital Security Department recently issued a warning about a surge in fraudulent job postings on social media platforms. Scammers exploit job seekers' desire for high-paying jobs, deceiving them and leading to the leakage of personal property and identity information
During the slowdown of license approvals, Wynn is poised to expand its market advantage in the UAE.
According to the latest analysis by CBRE, the process of issuing casino and integrated resort licenses in the UAE seems to have slowed down, which makes the leading advantage of Wynn Resorts in the local market more valuable. In the "Las Vegas Executive" report released by CBRE last night, the
The UAE lottery has added four new scratch card games with prizes up to 1 million dirhams.
The UAE Lottery has launched four new online scratch card games, offering players more ways to try their luck at instant wins.These games have different entry points, and the new games include "Karak Kash", "Fortune Festival", "Golden Dynasty", and "Mission Million".While these games are designed to
Halal Sportsbook Founder Wants to Add MMA & Esports Markets
Halal Sportsbook Founder Wants to Add MMA & Esports MarketsZaid Abu Soud, former MMA organizer and founder of a Halal sportsbook is looking to expand his app to include many new sports. The innovative app currently allows fans to predict the outcomes of soccer games without violating Shariah but
Deeply original, looking globally: POGO big cake, who can take it away?
BackgroundThe Philippine government once implemented the Philippine Offshore Gaming Operators (POGO) policy, allowing domestically licensed companies to operate online gambling businesses targeting overseas markets (mainly China). This model flourished during Duterte's administration, forming concen
The size of the UAE gambling market reaches 18 billion dirhams: Casino operator Wynn responds to competition concerns.
Craig Billing, CEO of Wynn Resorts, is confident in the potential of the UAE gaming market and predicts that it could reach a size of $3 billion to $5 billion (11 billion to 18.35 billion dirhams) over time.During the company's Q4 earnings call, Billings emphasized that the UAE is the most exciting
Depth: General Kim Takes Action, North Korean Hacker Group Steals $1.5 Billion in ETH
The story begins with a member of the hacker squad, Park Jin-hyuk. As a core member of the ace squad, Park Jin-hyuk has an outstanding record.Park Jin-hyuk (formerly known as Park Kwang-jin), FBI's most wanted, graduated from North Korea's top academic institution, employed by Chosun Expo company, w
Analysts stand pat on Light & Wonder
Wall Street stock analysts weren’t displeased with Light & Wonder’s fourth-quarter numbers. Neither did they alter ratings or raise price targets.Deutsche Bank’s Carlo Santarelli stayed with a Hold rating and $89 per share price target, well below the $101.63 per share at which Light & Wonde
The download volume of cryptocurrency applications in the UAE surged by 41%, reaching 15 million times.
Recently, AppsFlyer analyzed 49 cryptocurrency applications.The results show that in 2024, the download volume of cryptocurrency applications in the UAE increased by 41% year-on-year, reaching a total of 15 million downloads.In the fourth quarter of 2024, the monthly download volume exceeded 1 milli
Uplatform at SiGMA Eurasia
Uplatform is exhibiting at SiGMA Eurasia this week, where the company will offer delegates insights into its sportsbook and casino offerings. Senior sales manager Maria Ism (pictured) will be on hand to discuss business development opportunities for operators with Uplatform’s solutions. The Febru
The largest theft in the history of cryptocurrency: Hackers steal nearly $1.5 billion from Dubai cryptocurrency exchange Bybit!
Recently, the Dubai-based cryptocurrency exchange Bybit was hacked, resulting in a loss of nearly $1.5 billion in digital assets.Data from blockchain analytics firm Elliptic shows that this hack has become the largest-scale crypto theft in history, surpassing the $611 million theft loss suffered by
