The General Commercial Gaming Regulatory Authority (GCGRA), the federal entity responsible for overseeing commercial gaming activities in the United Arab Emirates, has announced the award of a license to operate the UAE’s first authorized lottery operation.
This announcement represents a significant milestone in the GCGRA’s efforts to establish a well-regulated commercial gaming sector in the UAE, founded on principles of transparency, accountability, consumer protection, and responsible gaming practices.
The lottery license has been granted to The Game LLC, a commercial gaming operator that specializes in game development, lottery operations, and gaming-related content. Under the banner of the ‘UAE Lottery,’ the GCGRA’s first licensee will offer a variety of lottery games and other gaming options designed to cater to a wide range of interests and financial preferences.
Jim Murren, Chairman of the GCGRA, commented,
The launch of the UAE Lottery is a pivotal event that not only marks the establishment of a disciplined world-class regulatory framework for lottery activities but also underscores our commitment to nurturing a secure and enriched commercial gaming environment in the UAE.
Kevin Mullally, CEO of the GCGRA, added,
The GCGRA is steadfast in its commitment to global best practices in consumer protection and regulatory oversight. Our regulatory framework is designed to ensure the integrity, fairness, and transparency of commercial gaming activities in the UAE, which include lottery games. It also provides consumers with a comprehensive set of tools to monitor and manage their gaming activity. Additionally, we are leveraging new technologies to foster the creation of safe, entertaining games and drive consumer-focused innovation.
The GCGRA has developed an extensive regulatory framework aimed at protecting consumers and safeguarding the legitimate interests of all stakeholders.
Engaging in, conducting, or facilitating commercial gaming activities within the UAE without GCGRA approval is illegal and exposes offenders to severe penalties. Additionally, playing as a consumer via unlicensed operators is also illegal under the GCGRA framework.
The comprehensive framework ensures that all gaming activities are conducted within the boundaries of the law, providing a safe and enjoyable environment for all participants.
News Source: Emirates News Agency
