Malta-based supplier Stakelogic has announced its receipt of a Ukranian B2B licence, adding to its growing list following a successful application process.
The licensing comes after the May launch of a B2B license by the Commission for the Regulation of Gambling and Lotteries in Ukraine (KRAIL) – a license which Stakelogic has now been one of the first suppliers to receive.
The company’s full suite of games had already gone through the “rigorous” scrutiny of the Malta Gaming Authority, ONJN in Romania, and the UK Gambling Commission.
Celebrating the approval, Stakelogic CEO Stephan van den Oetelaar commented: “The Ukranian market has been on our radar for some time, with leading CIS market experts tipping it to be the territory with the greatest potential in the region.”
“Our past experiences working with the regulators in other, strict territories such as the UK, ensured we were prepared for all eventualities in Ukraine and we’re pleased to announced that we passed all the requirements laid before us”, he added.
“We’re looking forward to working with both the Ukrainian regulator and its licensed operators to bring our highly popular suite of games, as well as our brand-new Live Casino product, to the players in Ukraine.”
It is only the latest piece of good news to come out of Stakelogic, which barely a week ago announced its entry into the Live Casino sector through its establishment of a Malta studio.
GREF is a forum for European gaming regulators, serving as a meeting place and exchanges of views between its members
ELA Games seeks to continue expanding in Europe and other regulated markets
The new service will handle a variety of currencies, with payments being made in over 100 countries around the globe
Olga is tasked with working closely with the company’s existing partner network, as well as landing further agreements with operators in key regulated regions