Ukrainian Gaming Regulator cancels licenses of two major operators, citing ties to Russia.
PlayCity, the Ukrainian gaming regulator, has revoked the licenses of two prominent betting operators in the country, namely Favorit Casino and Favbet VIP Casino, due to their alleged connections to Russia. The regulator stated that both companies were found to have either direct or indirect links to Russia through their ultimate owners. PlayCity made this announcement via a post on Telegram, revealing that their investigations uncovered these connections.
