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New Ukrainian Gambling Regulator Approves First Licence

New Ukrainian Gambling Regulator Approves First Licence
New Ukrainian Gambling Regulator Approves First LicenceReading Time: < 1 minute

 

Ukraine’s Commission for the Regulation of Gambling and Lotteries (KRAIL) has approved the first gambling license.

This license has been awarded to operator Spacex for its Kosmolot brand. The operator must pay a UAH30.7m ($1.1m) online licence fee to obtain a five-year licence.

Spacex applied for an online casino licence in December. Its application was initially delayed because the commission asked for more information on the firm’s ownership structure to check it met the requirement that licensees are based in Ukraine.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New Ukrainian Gambling Regulator Approves First Licence

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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