RAKTDA was not immediately available for comment when contacted by CNBC. 'Gaming' is often used synonymously with gambling in the context of hospitality and leisure venues, though it was not clear whether this explicitly meant cash betting.
The announcement came in tandem with a statement from the Ras al-Khaimah Tourism Development Authority introducing a new division, called the Department of Entertainment and Gaming Regulation, which will regulate 'integrated resorts' that include hotel operations, entertainment spaces, restaurants, spas, retail shops, convention areas and 'gaming.' Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
