UAE to offer up to one online gaming license for each of its seven emirates, mirroring land-based model: report
The UAE’s General Commercial Gaming Regulatory Authority (GCGRA) will follow the model in place for its burgeoning land-based casino industry by allowing one B2C online gaming license per emirate for each of the country’s seven emirates, according to a report by Vixio GamblingCompliance. The industry media outlet said it had spoken to several sources who confirmed that the online market would be limited to one operator license per...
UAE opportunity in spotlight for new gambling VC Ixia Capital
New venture capital (VC) fund Ixia Capital is looking to tap into the “very bright” future for igaming in the United Arab Emirates (UAE) via its $20m (£15.8m/€18.7m) fund. The fund, operated by a handful of gaming and financing veterans, will focus on “high-growth” gambling companies at the seed to Series A stage. It expects to launch over 25 startups in the online gaming, Web3 and crypto and blockchain spaces over the next five...
WH PARTNERS opens office in Romania in alliance with Simion & Partners
WH Partners announces the opening of a new office in Bucharest, Romania. This expansion is the result of a strategic alliance between WH Partners and Bucharest law firm Simion & Partners. The new venture, which will carry the brand name WH Simion & Partners, will operate under the leadership of Cosmina Simion and will house a team of 10 professionals, including 3 partners: Cosmina Simion, Alina Tace and Irina Corcoveanu....
