Dubai quashes rumours it’s set to legalise gambling
Authorities in Dubai have denied social media reports that the emirate has issued gambling licences to some hotels.
Arab News reports that under United Arab Emirates’ law, gambling or any activity that disturbs the public morals can be punished by imprisonment and fines.
The statement was issued in response to rumours that several hotels in Dubai had obtained permits for gambling and would begin offering it.
“What was circulated on some social media platforms about issuing permits for some establishments in Dubai to engage in gambling activity are just unfounded rumours,” the Dubai Government Media Office said on its Twitter account.
Lawrence Ho to receive $10m worth of Melco shares
Casino chairman and chief executive Lawrence Ho has been granted shares to the value of US$10 million by Melco Resorts and Entertainment, under the company’s Share Incentive Plan.
Inside Asian Gaming reported in April that the grant of 484,956 American Depositary Shares, equivalent to almost 1.5 million Melco Resorts shares, will be vested to Ho in two separate tranches, Melco said.
The shares will be granted on April 7, 2023 and April 7, 2024.
The shares represent approximately 0.10 per cent of Melco Resorts’ issued share capital and have a value of US$10 million based on the current share price.
In a Nasdaq filing, Melco said the grant was determined “with reference to Ho’s duties and responsibilities as a director of a subsidiary of Melco Resorts in Macau, where the majority of Melco Resorts Group’s business is located.
“The purpose of the aforesaid grant is fior incentivising and motivating him to strive for the future development of the Melco Resorts Group and its business.”
Melco Resorts recently reported a loss before tax of almost US$1.5 billion in 2020, due to the impact of the COVID-19 pandemic on its operations in Macau and the Philippines.
Seventy new poker machines coming to Truganina
The installation of 70 poker machines in Truganina has been approved by the Victorian Commission for Gambling and Liquor Regulation.
ABC News reported in April that the new machines will land in the community, despite opposition and a unanimous vote against the proposal by Wyndham City Council.
Alliance for Gambling Reform chief advocate Tim Costello said the outcome of the application, made by the Werribee Football Club and supported by state member for Werribee Tim Pallas was “disappointing”.
A VCGLR spokesperson said the commission considered the “position of the club” and “concerns raised by council and other community groups” in making its decision.
“After a two-day hearing in March, the commission determined that the application on balance would have no net detriment to the wellbeing of the community of the City of Wyndham,” the spokesperson said.
The spokesperson said Club Tarneit would have to comply with “numerous conditions” including the establishment of the Werribee Football Club – Club Tarneit Foundation”, where $75,000 each year would be invested back into community sports and not-for-profit organisations.
The application will now go back to Wyndham City Council.
Workshops cover gambling harm for seniors
A Victorian council has launched a new set of workshops for seniors and people who work with seniors to brainstorm a future free from gambling harm.
Mirage News reported that Wyndham City has partnered with Gambler’s Help and IPC Health to facilitate the Stepping Out workshops.
They are intended for seniors who live, work or recreate in Wyndham, as well as any service providers, social activity planners or volunteers who work or plan activities for seniors.
The workshops aim to build stronger social connections for older people, free from gambling harm, by encouraging seniors in Wyndham to consider alternate venues and activities for recreation.
The workshops are tailored towards participants’ accessibility requirements, using in-language interpreters for online and in-person workshops, hearing loops for in-person workshops and any other adjustments required to suit participants’ level of ability.