The bulk of the swarms seen in the Emirates is made up of Wandering Gliders — the world's most widespread dragonfly that is found in open areas
uae15 hours ago
Raffle draws in the UAE have confirmed that winners will receive their prize money despite all games being instructed to pause operations from Monday.
The temporary pause is in line with the latest directives from the UAE Gaming Regulatory Authority (GCGRA) - a federal body set up in September. It was not immediately clear when other gaming companies will follow suit, although Mahzooz said this is an "industry-wide mandate" that "aligns with regulators' efforts to create a well-regulated gaming environment in the UAE".
Paul Chader, head of operations at Emirates Draw, said that the winners of the Fast5 game will continue to receive Dh 25,000 every month even during the pause.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
Mahzooz told Khaleej Times that the latest two millionaires will be paid as per the usual procedures within 2 to 3 weeks.
“Our winners enjoy an immediate lump-sum payout. Therefore, apart from our latest two millionaires, all previous winners will receive their prizes imminently, exactly like all our previous winners, in full, within two to three weeks of their win,” said Suzan Kazzi, head of communications, E Wings (operator of Mahzooz).
“As for the winners of smaller prizes, the withdrawal of their prize money will not be affected by the operations pause. They will be able to withdraw their credit as per the usual procedure,” added Kazzi.
According to Mahzooz, they are in talks with the regulatory body, and the licensing is in progress. “Ongoing communication concerning the potential granting of the National Lottery license to Ewings is in progress. The application process has started and will be completed this week in compliance with the set deadline, beginning of January 2024. While we did everything within our capacity to commit to the deadline despite the holiday season, our visibility on future timelines is limited, as the regulators will be diligently reviewing all applications submitted by the UAE draw operators,” said Kazzi.
Mahzooz hopes to resume operations as soon as the license is granted, hopefully in the first quarter of 2024.
However, Emirates Draw has not given any specific date or timeframe for the resumption of their services. “We do not have any timeframe and will be resumed until further notice from the regulatory [body],” said Paul.
Emirates Draw has said that they will be introducing more exciting games when they resume their operations. “We have plans to introduce new games and initiatives in alignment with the GCGRA in the UAE as well as abroad,” said Paul.
Mahzooz’s future plan will revolve around offering a better gaming experience. “Mahzooz has become a strong homegrown brand with an international outreach, and any future plans will revolve around offering an equally compelling, if not superior, better gaming experience. Our commitment to providing an exceptional offering remains unwavering, and we look forward to resuming operations with a supercharged draw as soon as possible,” said Kazzi.
ALSO READ:
The bulk of the swarms seen in the Emirates is made up of Wandering Gliders — the world's most widespread dragonfly that is found in open areas
uae15 hours ago
Office number 308 in Al Jawhara building, currently occupied by BlueChip Financing Broker, was home to the now-defunct Acme four years ago
uae15 hours ago
She provided first aid to the injured until the arrival of the ambulance
uae16 hours ago
Following the previous such survey in 2019, electronic smoking devices attracted taxation
uae17 hours ago
Climate change projections for the MENA region indicate that these countries will experience more rainfall during spring
uae17 hours ago
Archer Aviation has partnered with Abu Dhabi's Etihad Aviation Training for the purpose
uae18 hours ago
The Cyber Security Council revealed that in the third quarter of 2023, social engineering attacks are mostly done through phishing websites, emails, social media scams, and instant messaging hoaxes
uae19 hours ago
UAE President also extended his heartfelt sympathies to the grieving families
uae21 hours ago