Could the next big gambling destination be in the Gulf?
The Economist
February 19, 2026
AI-Generated Deep Dive Summary
The United Arab Emirates (UAE) is eyeing Ras al-Khaimah as a potential new gambling hub in the Gulf, aiming to rival established destinations like Las Vegas and Macau. The emirate, known for its historical charm and strategic location near Dubai, is set to unveil a massive 350-meter-tall casino resort along its coastline. This ambitious project not only signals a shift toward diversifying the UAE's economy but also positions Ras al-Khaimah as a forward-thinking destination in the region.
The development of this casino resort comes at a time when the UAE is actively exploring new revenue streams to complement its oil-dependent economy. By leveraging its unique blend of cultural heritage and modern infrastructure, the country hopes to attract global investors and tourists drawn to the luxury and exclusivity associated with such ventures. Ras al-Khaimah's proximity to Dubai adds further appeal, as it allows for seamless travel between the two hubs while offering a distinct experience.
This move aligns with the UAE's broader economic strategy to establish itself as a global business and entertainment hub. The gambling industry is seen as a key driver of tourism, job creation, and investment opportunities. With its strategic location and growing infrastructure, Ras al-Khaimah is poised to become a significant player in the region's gaming sector.
While the project is still in its early stages, its potential success could reshape the Gulf's entertainment landscape. The UAE's ability to attract international tourists and businesses will depend on factors such as regulatory
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Originally published on The Economist on 2/19/2026