The United Arab Emirates Gaming Control Board (GCGRA) has recently undergone personnel changes, with former CEO Kevin Mulally resigning due to family reasons, and the position being temporarily filled by the chairman of the board, Jim Mullen. During his tenure, Mulally established a regulatory framework and launched the first national lottery license, while the UAE gaming market still primarily revolves around physical projects, with online operations not yet fully open.
Background of Personnel Changes
Kevin Mulally has been the CEO of GCGRA since the third quarter of 2023, responsible for the institution's setup. He recently announced his resignation, emphasizing family first, planning to return to Kansas City to reunite with his family. GCGRA Chairman Jim Mullen immediately took over as interim CEO to ensure seamless regulatory work. Mullen stated that Mulally played a key role in establishing the core governance structure, and the operation of the institution will not be affected.
Mulally's Regulatory Legacy
During his tenure, Mulally led the creation of an efficient and modern gaming regulatory framework and supervised the launch of the UAE lottery, the country's first licensed gaming business. He also issued the first commercial gaming license for the Wynn Al Marjan Island project, laying the foundation for single-operator applications in each emirate. Additionally, Mulally introduced Momentum LLC to operate the lottery, while existing operators such as Mahzooz and Emirates Draw have suspended operations and are transitioning.
Current Status and Challenges of the Gaming Market
Currently, UAE gaming services are limited to foreign nationals, with physical casino projects like Wynn Las Seahorse expected to open in 2027, estimating a market potential of $5 billion. Although applications for online casino and sports betting licenses are open, no operators have yet obtained a license, with only several providers such as Sportradar and Xpoint being certified. The industry holds expectations for projects in Abu Dhabi and Dubai, but progress is slow, with applications from companies like MGM Resorts still in the early stages.
Future Outlook and Mullen's Role
Interim CEO Jim Mullen may lead the launch of online gaming, with GCGRA emphasizing continued focus on regulatory excellence and responsible gaming. Mulally was very confident in the team upon his departure, believing that the institution has laid a solid foundation. As the market matures, the regulatory framework will adapt to new challenges, ensuring the robust development of the UAE gaming industry.
