Ukraine’s gambling and lottery regulator, PlayCity, has granted 10 new B2B licenses to software suppliers following legislation that came into force on April 1. At the same time, the agency revoked seven existing licenses after those companies failed to respond to regulatory inquiries, according to PlayCity head Hennadiy Novikov.

From Interfax-Ukraine:

"During this short period, we have already issued 10 new licenses for service provision (B2B). At the same time, we reviewed another seven companies, including to verify that they have no ties to Russia. These companies simply did not respond to our inquiries, so we revoked their licenses," Novikov said in an interview with Interfax-Ukraine.

According to him, PlayCity is deliberately implementing an approach that separates market operations and licensing between the B2C and B2B segments. The agency head added that the first step was the introduction of a B2B license, which can be obtained only by residents, while operators are responsible for using the services of unlicensed counterparties.

"The next stage is oversight and inspections of such companies. In this way, without deviating from our strategic goal of supporting the legal market, we are narrowing the range of products available to illegal operators," Novikov said.
Read more here: https://en.interfax.com.ua/news/general/1131574.html