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Hub88 Holdings Ltd (hub88.io) and Live Online Gaming Services LLC (Live88.io and Onetouch.io), both subsidiaries of the Yolo Group, have been granted gaming-related vendor licenses from the United Arab Emirates’s General Commercial Gaming Regulatory Authority (GCGRA), an independent entity of the UAE Federal Government with exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities.
Live88 will be the first Online Live Casino Studio to be licensed in the UAE.
The licenses permit Yolo Group to supply business to business iGaming content to the dynamic regulated market in the United Arab Emirates. The UAE is the first regulated jurisdiction in the Gulf Cooperation Council (GCC) region, which the group sees as key for its future strategy and expansion.
The milestone aligns with Yolo Group’s strategic pivot to service exclusively licensed, regulated environments.
Commenting on the achievement, Tim Heath, Founder of Yolo Group said, “Obtaining these licenses in the UAE is more than a regulatory achievement, it is a statement of intent. Yolo Group is committed to building the future of gaming on trust, transparency, and world-class innovation. The UAE is setting the stage for what modern, regulated gaming should look like, and we are proud to be part of that journey”.
Yolo Group continues to harness technology to reimagine the future of gaming. This includes developing a seamless one-wallet experience across all its platforms – online and land-based – alongside introducing the first MiCA-compliant crypto payments in its land-based casino, Bombay Club, in Tallinn, Estonia.
Product development and testing will remain in Estonia before the Group scales across the GCC countries, where Yolo has now secured a foothold and is pursuing a sustained, long-term presence. Yolo continues to explore additional opportunities for expansion in regulated markets across the world.
The post Yolo Group secures UAE Gaming Vendor Licences from GCGRA appeared first on European Gaming Industry News.
