Novomatics interactive division, Greentube, has entered the Ukrainian market by collaborating with First Casino, a brand owned by Nebula Games.
This alliance brings Greentube’s games, including Diamond Link and Mighty Elephant, to Ukrainian players through First Casino.
“The online gaming market in Ukraine is flourishing, and we are thrilled to extend our presence there through this partnership,” stated Opher Ben Zvi, Greentube’s Key Account Manager for Ukraine.
“First Casino has established a solid reputation in the newly regulated market, with its dedication to responsible gaming. This makes them the perfect partner for us to introduce our well-known games to Ukrainian players.”
In August 2020, Ukraine made history by legalizing gambling for the first time. The law regulated both land-based and online casinos, as well as sports wagering.
The initial gambling license was granted to Cosmolot operator Spaceiks in February 2021, following the legalization.
Parimatch was the first to receive a sports betting license the subsequent month.
Although the tax legislation was approved by the nation’s lawmakers last month in an initial examination, the final tax rates for the marketplace remain unclear.
The legislation levies a 10% tax on all forms of wagering, while winnings exceeding eight months of the minimum wage (currently 48,000 hryvnias) will be taxed as earnings.
“Greentube’s content is renowned for its popular blend of land-based appeal and innovative, thrilling games designed specifically for the digital market,” stated Andrii Maistrenko, Chief Financial Officer of First Casino.
“This is an exhilarating period for both First Casino and the flourishing online gambling industry in Ukraine, and this agreement will contribute to solidifying our brand reputation as synonymous with high-quality gambling experiences.”
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