The General Commercial Gaming Regulatory Authority has been established in the United Arab Emirates as a federal authority to introduce a regulatory framework for a national lottery and commercial gaming.
Globally respected regulator Kevin Mullally has been appointed as CEO, according to the Emirates News Agency. He brings over 30 years of experience in national and international gaming regulation to the GCGRA.
Mullally said: “I am delighted to have been appointed as the inaugural CEO of the GCGRA. With my experienced colleagues, I look forward to establishing a robust regulatory body and framework for the UAE’s lottery and gaming industry.”
The GCGRA is led by a team of internationally credentialed leaders, all with proven track records and a deep understanding of global best practices in regulating and maintaining an effective, safe and responsible gaming industry.
The board of directors is chaired by industry veteran Jim Murren. He said: “I am delighted at the appointment of Kevin Mullally. He brings unparalleled category experience and will be invaluable in creating a fit-for-purpose regulatory framework for the UAE.”
The GCGRA will create a socially responsible and well-regulated gaming environment, ensuring that all participants adhere to strict guidelines and comply with the highest standards.
It will coordinate regulatory activities, manage licensing nationally and facilitate unlocking the economic potential of commercial gaming responsibly.
David von Rosen, a serial investor and entrepreneur in the gaming sector, said: “The announcement that the UAE has officially established a regulatory authority is big news.
“I look forward to working alongside any relevant partners to support the roll-out of truly unique and innovative lottery products that are fit for 2024 and beyond and attractive to the region’s consumer and tourists alike.
“The UAE is an aspirational nation and any lottery in the country should be developed to match this vibrant and future facing country. The UAE now has the chance to build the most exciting lottery in the world.”