Lawyer
Expert in corporate and international corporate law. Has extensive experience in supporting the acquisition of financial licenses in Ukraine, as well as business incorporation in the EU, the United Kingdom, Switzerland, the UAE, and key Asian jurisdictions.
Cancellation of gaming licenses
The gambling market in Ukraine is under increased state control. After the transformation of the regulatory system and the transfer of powers to a new body — Play City, the issue of cancellation of gambling licenses has become one of the key risks for operators. The law firm “Prikhodko and Partners” supports the gambling business both at the licensing stage and during crisis situations associated with the threat of losing the license.
The main trend of recent years is the transition from formal control to a deep check of compliance, financial transparency and technical compliance.
The main grounds for cancellation of a gambling license
Violations of license conditions
These include deviations from the approved business model, non-compliance with requirements for premises, personnel or equipment. Even formally minor violations can be classified as systemic.
AML/KYC problems
Usually, such problems are associated with improper implementation of AML/KYC procedures: lack of a risk-based approach, formal financial monitoring, ignoring suspicious transactions.
Use of uncertified software or equipment
Play City considers the use of software without appropriate certification or interference with the algorithms of slot machines to be a gross violation.
Financial opacity
Failure to submit or submit unreliable financial statements, late mandatory payments, problems with the origin of funds are common reasons for sanctions.
Late license renewal
Missing the deadlines for submitting documents for license renewal in many cases automatically triggers the cancellation procedure.
Consequences of license revocation for business
Revocation of a gambling license has critical consequences:
- actual cessation of activity;
- blocking of accounts and termination of contracts with banks and payment systems;
- financial sanctions and risk of litigation;
- significant reputational losses, which make it impossible to re-enter the market without professional legal support.
The law firm “Prikhodko and Partners” has comprehensive expertise in the field of gambling regulation, fintech and compliance. We work not only after the fact, but also to anticipate risks.
Preventive compliance and audit
We conduct a deep analysis of the client’s business:
- audit of license conditions;
- check of AML/KYC policies;
- analysis of corporate structure and beneficiaries;
- assessment of technical compliance of software and equipment.
This allows us to identify potential violations even before Play City inspections.
Preparation and correction of documentation
Prikhodko and Partners specialists:
- develop and update internal policies;
- prepare explanations and legal positions for the regulator;
- accompany the license renewal process;
- adapt documentation to the current practice of the regulator.
Protection during inspections
We represent the client’s interests during inspections:
- communicate with the regulator;
- prepare responses to requests and instructions;
- minimize the risk of making negative decisions.
Appealing decisions on cancellation
In the event of a decision to cancel the license:
- analyze the legality of the regulator’s actions;
- we prepare administrative and judicial complaints;
- we support disputes in courts of all instances;
- we work on the resumption of activities or re-licensing.
Strategic support of gambling projects
We support clients at all stages: from business structuring to stable operational activities with minimal regulatory risks.
Cancellation of a gambling license is not an exception, but a real risk for every operator. The practice of Play City in 2025 shows: a formal approach to compliance no longer works. That is why the involvement of professional lawyers is critically important.
The law firm “Prikhodko and Partners” offers a systematic, practical and business-oriented approach to protecting the gambling business in Ukraine.
Calculate the cost of services
1 question
Has there been a violation of financial obligations in the course of conducting your business?
2 question
Has there been a violation of reporting in the course of conducting your business?
3 question
Did you receive an official notice of possible license revocation?
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