Ras Al Khaimah Tourism Development Authority Forms New Division to Regulate Integrated Resorts in the Emirate
A new division focusing on the regulation of integrated resorts.
Ras Al Khaimah, UAE, January 25, 2022: Ras Al Khaimah Tourism Development Authority (RAKTDA) has announced the formation of a new division focused on the regulation of integrated resorts. These include hotel operations, convention space, entertainment, restaurants and lounges, spa, retail and gaming facilities.
Following global best practices in the regulation of gaming that operate as part of integrated resorts across various jurisdictions worldwide, the Department of Entertainment and Gaming Regulation within RAKTDA will consider the social, cultural, and environmental landscape of the Emirate and cover licensing, taxation, operational procedures, and consumer safeguards. The foremost priority of this new division is to create a robust framework that will ensure responsible gaming at all levels.
The regulatory structure will address the entire gaming enterprise within integrated resorts, requiring compliance with all applicable laws and regulations (including financial crime laws) from operators, suppliers and employees. Additionally, the regulations will cover marketing, advertising, and financial transactions, ensuring that these areas comply with the Department of Entertainment and Gaming Regulation.
About Ras Al Khaimah Tourism Development Authority (RAKTDA)
The Ras Al Khaimah Tourism Development Authority (RAKTDA) was established in May 2011 under the government of Ras Al Khaimah. RAKTDA aims to develop the Emirate’s tourism infrastructure and establish Ras Al Khaimah as a world-class destination for leisure and business travel, creating sustainable investment opportunities and enhancing the quality of life for its residents. In order to achieve its goals, the Authority has a government mandate to license, regulate and monitor the Emirate’s tourism and hospitality industry.
Amit Singh
Mumbai, India
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