Gambling in Ukraine has been legal since 2020 after its parliament adopted an organisational and conduct law to align with the European gambling industry.
In Ukraine, VBET will operate under the VBET.ua domain name.
Seda Mkhitaryan, VBET Head of Licensing and Certification, commented: “It is a great honour and privilege to receive the approval of the Ukrainian Gambling and Lottery Commission (KRAIL) for online casino and online poker. This is an important event for us, especially in these challenging times.”
“It’s been a long, hard journey, but, for our team, even the sky’s not the limit,” Mkhitaryan added.
Vigen Badalyan, Group CEO & Founder, commented: “Our Team sees great potential in the Ukrainian market and is excited to provide fully legal and high-quality entertainment solutions to its clients.”
“VBET is always keen to support responsible gambling, grow local sports, follow the highest business ethics standards, and fill the market with drive, creativity, and passion,” Badalyan concluded.
Source: GMB