Online casino operator VBet has announced its entry into the Ukrainian gambling market

Online casino and sports betting brand BetConstruct VBet (https://allslotsonline.casino/en/) has received approval from the Ukrainian Gambling and Lottery Regulatory Commission to issue a local gaming license. The company described the event as "a great honour and a privilege".

The operator said that immediately after the legalisation of gambling business in Ukraine in August last year by Ukrainian President Volodymyr Zelensky, it launched the process of forming and applying for permission to operate in this jurisdiction. The group's efforts have resulted in VBet becoming the first licensed online poker operator in the country.

"Our team sees great potential in the Ukrainian market and is pleased to provide our customers with fully legal and high quality entertainment solutions. VBet is always committed to supporting responsible gambling, developing local sports, following the highest standards of business ethics and infusing the market with drive, creativity and passion," said BetConstruct CEO and founder Vigen Badalyan.

Vigen Badalyan

Vigen Badalyan - CEO and founder of BetConstruct

VBet states that its entry into the regulated Ukrainian market is an "important strategic step" towards expanding its presence in a number of globally regulated markets. In Ukraine, VBet will operate under the .ua domain.

Seda Mkhitaryan, head of licensing and certification at VBet, said: "I am honoured and privileged to receive approval from the Ukrainian Gambling and Lottery Regulatory Commission of sites not on gamstop to launch an online casino and online poker platform in this state. This is an important development for us, especially in difficult times. It has been a long and difficult road, but for our team, even the sky is not the limit."

On 14 July 2020, the Verkhovna Rada of Ukraine legalised gambling in the country, which was regarded as a "historic event" by the top leadership. This type of activity had been banned at the legislative level for almost a decade (since 2009).

We shall remind you that the head of the UGC revealed the nuances of the system of protection of Ukrainian citizens from gambling addiction.