UAE awards first official lottery license
The United Arab Emirates’ gaming authorities on Sunday granted approval for the country’s first authorized lottery to be held.
The license was awarded to The Game LLC, an Abu Dhabi-based commercial gaming operator specializing in game development, lottery operations and gaming-related content. Under the name “UAE Lottery”, this company offers not only lottery games, but also other games tailored to different financial interests and preferences of players.
The Game LLC is a subsidiary of Momentum, an entertainment group with portfolios that include lottery operations, commercial game development, game publishing, mobile game development and publishing, virtual reality experiences, iGaming and eSports.
On September 3, 2023, the United Arab Emirates established the Commercial Gaming Regulatory Authority (GCGRA) as a federal agency to implement a commercial gaming regulatory framework under the leadership of Jim Mullen, an industry veteran with over 30 years of experience, and the CEO was appointed Chairman of the Board. Administration Manager
The regulator said it had put in place a framework aimed at protecting the legitimate interests of consumers and all stakeholders.
Before the establishment of the regulator, several gambling and lottery companies operated in the country. Some of them stopped their activities at the beginning of the year.
Warning about illegal activities
The GCGRA warned that it is illegal to engage in, conduct or promote commercial gambling activities without UAE authorization and that those who violate the law will face severe penalties. It added that gambling as a consumer through an unlicensed operator was also illegal under the GCGRA framework.
“The launch of the UAE Lottery is an important event that not only marks the creation of an orderly, world-class regulatory framework for lottery activities, but also underscores our commitment to promoting a safe and successful commercial gaming environment in the UAE,” said Jim Mullen, the we will do.
Kevin Mulally said the GCGRA’s regulatory framework ensures the integrity, fairness and transparency of commercial gambling activities in the UAE, including lottery games.
He added: “We also provide consumers with comprehensive tools to monitor and manage their gaming activities.”
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