The inaugural Emirates Loto handed one lucky winner a cash prize of AED350,000 €87,958/$95,303) in the first fatwa-approved digital lottery within the United Arab Emirates (UAE).
The UAE government initiative began in March and was set to be handed out last month before the novel coronavirus pandemic put a temporary halt on proceedings.
The first draw of its kind to launch in the country with fatwa approval, Emirates Loto also “committed to donating millions of Dirhams to UAE government initiatives in order to support both nationwide and community projects, per iGamingBusiness.com.
Chief executive Paul Sebestyen said:
“We are incredibly excited to be launching the region’s first fatwa-approved digital collectable scheme and draw. The UAE, with its spirit and drive for innovation and entrepreneurship, was the most obvious choice to set up this initiative.
“We realise these are difficult times for all, but we genuinely hope and believe that our new venture will bring much needed relief, happiness and more importantly funds for public good.”
Gambling is not legally permitted in the United Arab Emirates. Camel and horse racing are two of the most popular sports in the country, but no wagers may be placed on events at this time.