Posts Tagged ‘uae’

UAE rolls the dice with first lottery licence, unveils new gaming rules

Regulators in the UAE made a historic move on Sunday by approving the nation’s first lottery licence and publicising comprehensive casino and gambling regulations. This landmark decision positions the UAE to become the first Gulf state to legalise gaming, marking a significant shift in the region’s economic and entertainment landscape. Commercial gaming The General Commercial…

The free zone accepts payments in bitcoin, ether and the tether stablecoin.Dubai(Rasto SK/Shutterstock)Tanzeel AkhtarFeb 17, 2021 at 1:09 p.m. Updated Feb 17, 2021 at 3:52 p.m. Cryptocurrencies are now accepted as a form of payment at the KIKLABB free trade zone in Mina Rashid, Dubai. With the news, KIKLABB has become the first United Arab Emirates…