Momentum Amplifies UAE Online Gaming Scene with TrueWin and Dream Island Expansion
Momentum has launched two online gaming platforms, TrueWin and Dream Island, that cater to the UAE’s expanding digital gambling market. Both platforms offer a variety of casino games and sports betting options, positioning Momentum at the forefront of this evolving sector. However, these sites operate amid regulatory uncertainties, as there have been no formal laws published to legalize online gambling in the Emirates.
Platform Features and Offerings
TrueWin and Dream Island provide an extensive range of gambling options, including:
- Live dealer content
- Roulette
- Poker
- Slots
- Sports betting on football, tennis, basketball, cricket, and more
Their operational status places them in a regulatory grey area, lacking the licensing details from the General Commercial Gaming Regulatory Authority formed in September 2023. TrueWin.ae was registered in March 2023, while Dream Island’s domain dates back to 2020, indicating proactive planning by Momentum before regulatory measures were finalized.
Regulatory Landscape
Despite the ongoing absence of formal legislation, analysts believe the UAE could witness a significant shift towards legalized gambling. Estimates suggest regulated gambling could generate revenue equivalent to about 1.3% of the national GDP, amounting to around $6.6 billion. This positions the UAE to potentially exceed established markets like Singapore.
The country is already making strides in this direction. A major integrated resort project in Ras Al Khaimah, developed by Wynn Resorts, will feature the UAE’s first land-based casino. Additionally, the General Commercial Gaming Regulatory Authority has issued licenses to several suppliers, including:
- Aristocrat
- Light & Wonder
- IGT
- Konami
- Sportradar
Coin Technology Projects LLC is also listed as an operator, providing online gaming through its platform, Play 971, and is reportedly connected to Momentum.
Future Prospects
Industry speculation suggests that the General Commercial Gaming Regulatory Authority may issue a single B2C online gaming license for each emirate, potentially mirroring land-based casino regulations. This framework would enable a more structured regulatory system in the UAE.
Recent developments escalated interest in the regulatory landscape, particularly after Kevin Mullally’s departure from his role at the General Commercial Gaming Regulatory Authority. This leadership transition occurs at a pivotal moment for the gaming sector, coinciding with the launch of Momentum’s new platforms and ongoing projects like the Wynn Resorts development.
