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VBET Casino Secures Casino and Poker License in Ukraine

Online casino players and poker fans in Ukraine are in for a treat. BetConstruct’s VBET brand has just secured licensing approval to offer its services in the country from the KRAIL. The deal is a notable one as it will be the first poker license handed out in the country.

Historic Moment for Gambling in Ukraine

The Ukrainian President, Volodymyr Zelensky, made gambling in Ukraine legal for the first time in a historic bill issued at the end of 2020. The new law allowed gambling, poker, lottery, and sports betting. It does, however, only allow casinos to be open within hotels in the country. 

VBET was handed its license on May 31 by Ukraine’s Gambling and Lotteries Commission, KRAIL. This is a significant moment for gamblers in Ukraine, as it is the first online poker license to be awarded under the country’s new gambling legislation. 

Seda Mkhitaryan, the head of licensing and certification at VBET, spoke with great enthusiasm about it. She described receiving the license as a ‘great honor and privilege’. She went on to say that it is an important moment for the company, especially in such challenging times. The process of gaining the license has been tough. But, Mkhitaryan remains ambitious, saying that ‘even for us, the sky’s not the limit’. 

The founder of BetConstruct, Vigen Badalyan, spoke of the importance of the deal. He talked of the great potential that his company sees in the Ukrainian online gambling market. Furthermore, Mr. Badalyan highlighted how excited he was to be a part of it. VBET aims to support responsible gambling in the region, as well as helping local sports and businesses to grow. 

VBET Casino Secures Casino and Poker License in Ukraine

About VBET

Chances are, if you’ve been playing for online casinos for some time, you will have encountered VBET. The brand was originally founded all the way back in 2003. Since then, it has undergone several changes. The operator has its headquarters in Malta and holds licenses from the United Kingdom Gambling Commission and the Malta Gaming Authority. The company is a long-standing partner of BetConstruct.

As well as offering a variety of casino and live casino games, the operator has a sportsbook section where players can bet on a variety of markets. Players can bet at VBET on both its desktop site and mobile site. It also recently launched its VBET app, which is available on both Android and iOS systems.

About BetConstruct 

BetConstruct is a well-established online software developer. Like VBET, it has been in the industry since 2003 and has earned itself a solid reputation. The company has long-standing partnerships with popular game providers like NetEnt and Microgaming.

As well as game providers, BetConstruct works with some popular online casino brands. Like VBET, it is also licensed by both the United Kingdom Gambling Commission and the Malta Gaming Authority. It has developed over 50 online slots and also provides a live-casino and sports betting software to some of its clients. 

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Liam Hoofe
Liam Hoofe
Published: 19 Jun 2021
Updated: 13 Mar 2023
Liam is a skilled writer and journalist, highly regarded for his perceptive examination of the gambling industry. He specializes in online casinos and sports betting, and his work has been published in top-tier publications. Here at GoodLuckMate, Liam covers the latest industry news and has also authored various gambling guides, offering both beginners and experienced players in-depth analyses of games and strategies.

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