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Ukrainian Regulator Issues First License for Online Casino

3 February 2021, 13:48
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The Ukraine Gambling and Lottery Commission has granted a license to the first operator. The information about a company, which had been legalized, appeared in the Ukrainian news about the gambling industry.

Ukrainian Regulator Issues First License for Online Casino

Although the operator had tried to get a license several times, it finally succeeded in this. The main reason for previous rejections is the lack of data in provided documents.

First regulated online casino is announced

Spaceiks LLC became the company, which got the right to provide legal casino services in the territory of Ukraine. The company’s focus isn’t only the casino products. It is also involved in the development of gaming software and PR services. As official resources inform, Spaceiks also encompasses the Cosmolot brand.

The information about the licensee was provided on the commission’s official website. The regulator has published a document describing the contract provisions. According to it, Spaceiks is allowed to provide online gambling services based on the law “On State Regulation of Organizing and Conducting Gambling”, adopted in summer 2020. It is worth mentioning that operators have been able to apply for a license only starting from January 2021.

Read more: How to get a license for gambling in Ukraine?

Read more: Licensing for online gambling in Europe

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