Dubai: Mahzooz, a popular raffle draw in the UAE , has announced a temporary pause to its draws. The organizers said in a statement to its subscribers. The last weekly draw date was on December 30, 2023.
‘Starting January 1, 2024, Mahzooz will temporarily pause operations in compliance with gaming regulations. This industry-wide mandate aligns with regulators’ efforts to create a well-regulated gaming environment in the UAE. However, the customers’ accounts will remain active allowing them to withdraw any outstanding balances in their Mahzooz account after this temporary pause,’ said the statement.
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Launched in 2020, Mahzooz has crowned 64 millionaires, giving away Dh500 million to over 1.8 million winners. In 2023 alone, Mahzooz made 33 people millionaires through its raffles.
People participating in the raffle need to purchase a water bottle for Dh35, with the product donated to those in need. Each purchase earns a participant one line in the Grand Draw, with a chance to claim life-changing winnings.
In September 2023, the UAE set up a federal body – General Commercial Gaming Regulatory Authority – to regulate the gaming sector in the country. Veteran US gaming industry executive Kevin Mullally was named the chief executive.
Earlier , raffle draw operator Emirates, announced a similar pause.
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