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Hotel Licensing Deals, Caesars Entertainment, Dubai

Caesars Entertainment is playing a new game. The casino company behind famous joints on the Las Vegas strip including, of course, Caesars Palace, is launching a new non-gambling venture — hopefully its first of many, according to the Wall Street Journal. Caesars’ new hotels in Dubai, where gambling is illegal, will be done in partnership with local developer Meraas Holding, which is owned by Dubai’s royal family, the patriarch of which is Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and the Vice President and Prime Minister of the United Arab Emirates. Together, the companies will develop and operate two branded Caesars resorts on a man-made island, which is...

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Dubai World invests $5bn in Las Vegas casinos, Business, The Guardian

The state-controlled investment vehicle of Dubai is betting on the glitzy fortunes of Las Vegas by pumping $5bn (£2.5bn) into a partnership to develop casinos with MGM Mirage - in spite of the fact that the emirate officially forbids gambling. Dubai World, which is controlled by the Middle Eastern emirate's government, is putting $2.7bn into a 76-acre resort on the Las Vegas Strip and will buy up to $2.4bn of MGM shares. The deal amounts to a coup for Kirk Kerkorian, the 90-year-old billionaire who owns a controlling stake in MGM and who has been building Las Vegas landmarks since the 1940s. Due to be completed in 2009, the partnership's initial project is named CityCenter and will...

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Caesars to Manage Two Non-Gambling Resorts in Dubai

Caesars to Manage Two Non-Gambling Resorts in Dubai Caesars Entertainment Corp. announced today plans to operate two hotels and a beach club in Dubai. The properties will be located on the artificial Bluewaters Island, off the Jumeirah Beach Residence coast line, and are slated to open doors in the fourth quarter of the year. The two resorts will not feature casinos as gambling is banned across the United Arab Emirates. They will be Caesars’ first-ever non-gaming properties. The Las Vegas gaming and hospitality giant said in a statement from earlier today that it has partnered local real estate, tourism, and hospitality company Meraas Holding to work with in Dubai. As mentioned...

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Las Vegas-style gambling casino busted in Dubai - Emirates24, 7

Las Vegas-style gambling casino busted in Dubai Dubai police smashed a large gambling casino styled on the famous Las Vegas gambling halls, using seven undercover detectives in the operation that resulted in the arrest of many persons near Jebel Ali. Police acted after receiving a tip-off that a casino is operating illegally in a car park rented by three European and Asian men at Jumeira Beach Residence (JBR) walk area and that nearly 30 modern machines similar to those in Las Vegas casinos are used in that place. “We devised a careful plan to infiltrate that place as we learned that the owners pick their customers very carefully,” said Brigadier Khalil Ibrahim Al Mansoori, head...

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The 6 Most Amazing Casinos in the Middle East - Dubai Blog

Although there are not as many as in other gambling Meccas such as Macau and Sin City, the casinos that do exist in the Middle East offer the same world-class experience and gold-star service that both high rollers and casual gamblers have come to expect.  But where are these stunning casino locations? Most are in Egypt, which, although technically on the African continent, is still considered part of the Middle East and boasts an impressive array of and brick-and-mortar and online casinos. Other popular Middle Eastern casinos reside in Lebanon and in the digital space, such as sites like 888casino-arabic.com.  Casino du Liban Located just north of Beirut, Lebanon, Casino du Liban...

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