UAE’s TrueWin, Dream Island online betting platforms go live

Momentum, the company behind the UAE’s only licensed lottery, has launched two online betting and casino platforms, TrueWin and Dream Island, Arabian Gulf Business Insights reports.

Both sites offer casino games and sports betting and are already live.

Their launch comes as the UAE weighs a historic policy shift that could generate an estimated $6.6 billion in annual gaming revenue.

Both TrueWin and Dream Island were registered in March 2023, several months before the General Commercial Gaming Regulatory Authority was established.

It comes as the UAE Lottery announced on Tuesday that it would be revamping its flagship Lucky Draw, just weeks after handing out its first Dh100 million ($27 million) grand prize.