Dubai mega-resort axes casino plans amid UAE gambling ambiguity
MGM Resorts International said its $2.5 billion mega-project in Dubai will not have a casino, though the United Arab Emirates could allow gambling in the not-so-distant future.
![This picture taken with a fish-eye lens on May 9, 2021 shows a view of the Dubai city skyline as seen from the Burj Khalifa, currently the world's tallest building at 828 meters.](/sites/default/files/styles/article_hero_medium/public/2024-02/GettyImages-1232803812.jpg?h=1d34674f&itok=DDINAsEz)
Hospitality giant MGM Resorts International confirmed this week that it will not have a casino in its upcoming Dubai property in a setback for those hoping to see gambling come to the United Arab Emirates.
MGM President and CEO Bill Hornbuckle said during a Tuesday earnings call that the company’s $2.5 billion development in Dubai will not feature a casino.
“Obviously, we have Dubai. We have our project there, which is an amazing project. It's going to be over a $2.5 billion project without a casino in it,” he said.
Hornbuckle was referencing the Island, a major development being built in the Dubai coastal area of Jumeirah. The luxury beachfront development will feature hotel rooms, apartments and entertainment when complete. Three popular Las Vegas hotels — MGM, Bellagio and Aria — will feature there, according to the project’s website. The Island has been dubbed Dubai’s Las Vegas by Gulf media outlets.