Ukraine gambling stakeholders have been left dumbfounded by the country’s newly established Commission for Regulation of Gambling and Lotteries (CRGL) after it issued its first licence this week.
On Wednesday, CRGL announced that it had awarded its first online gambling licence to Speisiks LLC, the company which operates the Cosmolot brand, which formerly operated in Ukraine under the UNL’s instant lottery licence but discontinued from July 2019.
CRGL’s approval of Speisiks LLC’s online casino licence should have marked the launch of Ukraine’s new regulated gambling marketplace some six months after President Volodymyr Zelensky ratified the Ukrainian Gambling Law.
Yet, CRGL’s decision has come under scrutiny after it approved Speisiks’ licence, despite interested parties still awaiting a decision from the government to settle on vital requirements related to the technical certification of the Gambling Law.
