EGYPT Egypt – Casino operators to benefit from tourism 4 years ago Iwo Bulski Post Views: 2,198 Egypt is a country with a history to be proud of. The country was once home to the leading minds in human civilization. The country is predominately a Muslim nation. Currently the only people permitted to gamble on casino games in Egypt are foreigners while the only allowed gamble that it citizen can wage bet on is lottery games indeed with only small amount of sporting event. Though, the country is known to be rich in cultures which thus include written word, literature, mathematics and geometry and then of course, there is the wonderful architecture that is admired around the world attracts a lot of foreign nationals to the country and making it one of hot spots for tourist destination in the world. Although, in 2019 the government announced it plans to officially open its long awaited Grand Egyptian Museum in 2020, according to the government when it finally opens, it will be the largest museum dedicated to a single civilization that has ever happened in the world, more than a decade in the making which is just standing two kilometers away from pyramids of Giza, is expected to attract around five million visitors a year. However, at present, there are over 20 bricks-mortar casinos that are available which 50% tax of they earnings are been charged by the government. Although, as stated earlier one of the challenges about casinos in Egypt is the rigorous legislation, according to the law, this brings the question as to why the government has such a tight grip on gaming if it brings financial gains, elsewhere its claimed that tourist casinos brings in some $60 billion USD per annum with that in mind an the anticipation surrounding the expected museum which is set to lunch in 2020. According to local publication outlets it is expected that casino game revenue to surpass the 60 billion dollar mark the previous year. Article by Adeleye Awakan Associate/Editor www.gbc.ng Africa’s digital gaming news portal. For consultant, Bookmaker’s review, Content, thoughtful leadership article: feel free to reach me at [email protected], Linkedin Adeleye Awakan. About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: Casinos, Egypt, gambling Continue Reading Previous The history of gambling in AfricaNext Tech Egypt’s Impact on Casino Games More Stories CASINO EGYPT Why is Blackjack So Popular in the Arab World? 1 month ago Szarlot EGYPT ONLINE EGT installs its slot machines in Cairo’s Lucky Star Casino 2 months ago Samuel EGYPT GAMES Play’n GO launches ImmorTails of Egypt 1 year ago Szarlot EGYPT ONLINE Biggest local E-sport championship in Egypt 1 year ago Szarlot EGYPT EXPERTS The Evolution of Gambling in Africa 1 year ago Szarlot CASINO EGYPT WORLD NEWS EGT cabinets make their debut at Nile City Casino in Cairo 2 years ago Samuel EGYPT EXPERTS African Gaming Set to See 12% Rise Until 2026 2 years ago Szarlot EGYPT EXPERTS HOT NEWS Can gambling and casino trademarks be protected in Egypt? 2 years ago Iwo Bulski EGYPT ONLINE Can gambling and casino trademarks be protected in Egypt? 2 years ago Iwo Bulski EGYPT EXPERTS Where is and isn’t legal to gamble in Africa? 3 years ago Szarlot CASINO EGYPT 7 of Egypt’s Best Casinos 3 years ago Peris Wambu EGYPT ONLINE Bitcoin in the Present and Future of the Egyptian Gambling Sector 3 years ago Peter Situma Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.