Transition period grants licenses to 89 gambling operators in Brazil
It's clear that the Ukrainian gaming industry is holding strong and growing amidst the geopolitical whirlwind, even though some intricate licensing details remain a bit hazy. Here's what we've got so far:
Growing Market, Increased VisibilityThe gaming sector is gaining ground and boosting state coffers. In the first half of 2025, a whopping UAH 5.4 billion ($145 million*) in tax revenue was remitted, revealing a substantial 20.4% YoY (Year-Over-Year) surge.
Domestically, Ukrainian developers are set to make a splash at the prestigious Gamescom 2025, demonstrating international engagement.
Licensed Operators and the October DeadlineOf the 181 operators registered, only those already in the market will legally operate from the coming October. As many as 89 operators plan to roll out 193 gaming brands, featuring household names like Betano, Bet365, and Betsson.
For operators that didn't submit documents, the deadlines are strict—they'll face blockage within eight days, giving clients ample time to withdraw their funds.
Additional Context: IT Industry and Gacha GamesUkraine's IT sector remains robust, generating $6.2 billion in revenue in 2024. This technical prowess underpins game development, while the mobile gaming market shows competitive momentum, thanks to Q1 2025 rankings.
Moreover, gacha games have seen significant action, indicating a lively mobile gaming scene.
Confronting Geopolitical ChallengesThe seizure of Wargaming’s former studio Lesta by Russia serves as an ominous reminder of regional tensions. However, despite such political upheaval, domestic gaming companies continue to thrive globally.
If you're craving more info on licensing details, check out the Commission for Regulation of Gambling and Lotteries (KRAIL), responsible for overseeing operator compliance. The specifics of licensed vs. unlicensed gaming companies might require reaching out directly to these regulatory bodies.
Stay tuned for the latest gaming industry news in Ukraine and beyond—dig into sporting.net's latest updates! And keep an eye on:
- Gambling transfers in Brazil's Pix system up by 200% in nine months
- MGM enters Brazil: Will seek customers from media giant's base
- How online gambling will work in Brazil: Regulator reveals details
- Gambling transfers in Brazil's Pix system have seen a significant surge, with a 200% increase over the past nine months, signifying a growing interest in online gambling in the Brazilian market.
- MGM, a renowned global operator in the casino-and-gambling industry, has announced its entry into the Brazilian market and plans to leverage the media giant's existing customer base to launch its online gambling services.
- The regulatory body in charge of online gambling in Brazil has disclosed details about how online gambling will function in the country, providing operators with important information to navigate the market.
- In a bid to secure more insights on the licensing details in the Ukrainian gaming industry, it's recommended to reach out directly to the International Gaming Business (IGB), the Commission for Regulation of Gambling and Lotteries (KRAIL), or other relevant gaming authorities in the region, as they will possess the most current and comprehensive information on this topic.
