In Ukraine, another online casino received a gaming license
The Gambling and Lottery Regulatory Commission of Ukraine (GRAIL) has officially announced the issuance of another gaming license. Its holder was the company “Conqueror” Ltd. It gained the right to organize and conduct activities in the sphere of gambling entertainment on the Internet. To finalize its permit to operate within the Ukrainian jurisdiction, the licensee must pay the corresponding document within 10 working days from the date of publication of the regulator’s decision.
The CRAIL report indicates that Conqueror LLC is the owner of the well-known brand VULKAN CASINO. In the near future the brand under its own domain name will launch in Ukraine.
It is important to recall that a few days ago, the Gambling and Lottery Regulatory Commission issued two licenses for the organization of land-based gambling establishment and online casinos.
The right to open a land-based facility received the company “Billionare Casino Company Ltd. She was allowed to begin her activities on the basis of a 5-star hotel complex “Intercontinental-Kiev”. On the territory of 506,8 square meters the operator will deploy halls with tables for table games and slot-machine premises.
The license to launch an online casino has been issued by the Ukrainian gambling regulator to the well-known in this country, LLC “Bookmaker Company Favbet”, which is one of the leaders of the local segment of sports betting. But in the near future an online casino will start fully functioning under this brand.
Earlier, the head of the Ukrainian Gambling Association Anton Kuchukhidze told about the adoption of the so-called B2B licenses by the country’s government. This new type of permits has long been used in various European countries where gambling business is legalized. The expert is sure that this step will attract to the local gambling market the leading operators of CIS countries, because the cost of such a permit is only 1,8 million hryvnias.
Recall that the Ministry of Justice of Ukraine is close to approving the list of gambling equipment for certification.
