meta_id 3090646

On April 22, 2026, Ukraine's State Agency for Gambling and Lotteries Control (PlayCity) revoked the online casino licence of LLC Spaceyx, operating under the brand Cosmolot, following a regulatory inspection that identified breaches of payment settlement requirements. The licence revocation was triggered by the operator's use of peer-to-peer (P2P) payments and acceptance of deposits from third-party bank cards, both in violation of Ukrainian gambling legislation. In addition to the licence termination, PlayCity imposed financial sanctions totalling 12.9 million Ukrainian hryvnia (UAH): 8.6 million UAH for conducting settlements using P2P payments, and 4.3 million UAH for permitting account top-ups from third-party bank cards. Hennadii Novikov, head of PlayCity, stated that the agency's mandate is to ensure consistent and transparent oversight of licensees to maintain uniform market rules for all participants. Under the Law of Ukraine "On State Regulation of Activities Related to the Organisation and Conduct of Gambling," PlayCity is empowered to impose financial sanctions on licensees for regulatory breaches, with licence revocation available for material violations. Aleksandr Bornyakov, acting minister of digital transformation, noted that the Ministry of Digital Transformation has developed amendments to the primary gambling legislation to strengthen regulatory oversight, particularly regarding betting stakes and enhanced vetting requirements for gambling operators. These developments reflect Ukraine's ongoing efforts to tighten gambling market regulation following the sector's liberalisation and the establishment of PlayCity as the regulatory authority.