Yolo Group subsidiary Live88 will become the UAE’s first licensed online live casino studio.
Estonia-headquartered gaming technology company, Yolo, has acquired UAE operating licenses for its Hub88 and Live88 subsidiaries.
“Obtaining these licences in the UAE is more than a regulatory achievement,” said Yolo founder Tim Heath.
“It is a statement of intent. Yolo Group is committed to building the future of gaming on trust, transparency and world-class innovation.
“The UAE is setting the stage for what modern, regulated gaming should look like and we are proud to be part of that journey.”
Hub88 is an online gaming integration platform providing services to more than 120 operators worldwide.
Live88 is an online live casino studio that licenses its custom tables and games to online casinos.
It is the first online live casino studio to receive a GCGRA license allowing it to operate within the UAE.
Yolo group has previously focused attention on unregulated markets and crypto casinos, but their newly minted UAE licenses are a result of a recent strategic pivot.
The group will now focus on consolidating its existing online casino and sports betting sites into a single portal at Yolo.com which it aims to launch in tier-1 regulated markets.
