{"id":12844,"date":"2026-04-29T09:32:25","date_gmt":"2026-04-29T08:32:25","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=12844"},"modified":"2026-04-29T09:32:27","modified_gmt":"2026-04-29T08:32:27","slug":"court-suspends-revocation-of-cosmolots-license-after-playcity-imposes-322000-in-fines","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2026\/04\/29\/court-suspends-revocation-of-cosmolots-license-after-playcity-imposes-322000-in-fines\/","title":{"rendered":"Court Suspends Revocation of Cosmolot\u2019s License After PlayCity Imposes $322,000 in Fines"},"content":{"rendered":"\n<p>Last week, Ukraine\u2019s gambling regulator <strong>PlayCity <\/strong>revoked the license of the online casino <strong>Cosmolot LLC (\u201cSpacesiks\u201d)<\/strong>, <a href=\"https:\/\/thedigital.gov.ua\/news\/business\/12-mln-hryven-shtrafu-playcity-anuliuvalo-litsenziiu-cosmolot\">according to<\/a> the <strong>Ministry of Digital Transformation.<\/strong><\/p>\n\n\n\n<p>The reason for the decision was that, during an inspection, the regulator identified violations of financial settlement rules: the company used P2P payments and allowed account top-ups from third-party bank cards.<\/p>\n\n\n\n<p>In addition to revoking the license, PlayCity fined Cosmolot UAH 8.6 million ($215,000) for using P2P payments and UAH 4.3 million ($107,500) for accepting funds from third-party bank cards.<\/p>\n\n\n\n<p>The action adds to a recent series of enforcement steps by PlayCity, which has increased scrutiny of licensed operators. Spaceiks was the first gambling company to receive an operating licence under Ukraine\u2019s 2020 Gambling Act.<\/p>\n\n\n\n<p>However, on April 24, the <strong>Kyiv District Administrative Court <\/strong><a href=\"https:\/\/ua.tribuna.com\/amp\/casino\/1000000338817-sud-pryzupynyv-anulyuvannya-litsenziyi-cosmolot-komentar\/\">granted<\/a> Spacesiks\u2019 request for interim relief, suspending the regulator\u2019s decision to revoke its license.<\/p>\n\n\n\n<p>The court concluded that there had been significant procedural violations during the company\u2019s unscheduled inspection. As a result, until the dispute is finally resolved on the merits, Cosmolot\u2019s license to conduct online gambling remains valid.<\/p>\n\n\n\n<p>In an official statement, the company emphasized that in January 2026, it successfully passed all state inspections and received a new five-year license. The regulator confirmed the transparency of the company\u2019s ownership structure, the complete absence of ties to Russia, its financial stability, and compliance with tax requirements.<\/p>\n\n\n\n<p>In addition, a scheduled inspection completed two weeks ago found no violations in financial settlements or any other legal grounds for fines or license revocation.<\/p>\n\n\n\n<p>Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week, Ukraine\u2019s gambling regulator PlayCity revoked the license of the online casino Cosmolot LLC (\u201cSpacesiks\u201d), according to the Ministry of Digital Transformation. The reason for the decision was that, during an inspection, the regulator identified violations of financial settlement rules: the company used P2P payments and allowed account top-ups from third-party bank cards. In [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":8687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[8,7,1,24,564],"tags":[111,3696,16279,3524,12006,116,16278,115],"class_list":["post-12844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino","category-igaming","category-news","category-regulations","category-slider","tag-cosmolot","tag-fine","tag-kyiv-district-administrative-court","tag-ministry-of-digital-transformation","tag-playcity","tag-regulation","tag-spacesiks","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Court Suspends Revocation of Cosmolot\u2019s License After PlayCity Imposes $322,000 in Fines - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"Ukraine\u2019s gambling regulator, PlayCity, revoked the license of the online casino Cosmolot LLC, while the Court suspended the regulator\u2019s decision to revoke its license.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2026\/04\/29\/court-suspends-revocation-of-cosmolots-license-after-playcity-imposes-322000-in-fines\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court Suspends Revocation of Cosmolot\u2019s License After PlayCity Imposes $322,000 in Fines - 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