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Yolo Group Embraces Regulated Markets, Consolidates Operations
The company has expressed its intentions to expand its operations and is considering obtaining a license in the newly regulated UAE market.
Prominent crypto gaming operator Yolo Group is poised to shed its grey-market image and transition to a fully regulated gaming operation. Founder Tim Heath unveiled a major strategic realignment in a recent press release, as he delved into the company’s history and its unique position in the crypto gaming space. With increased regulatory scrutiny worldwide, Heath was confident that existing in the grey market was no longer feasible.
A Unified Brand Will Help Yolo Reach New Heights
Founded in Curacao before relocating its headquarters to Estonia, Yolo fostered a global following thanks to its flagship brands Bitcasino.io and Sportsbet.io, providing crypto-first
gaming at a time when most of the industry was still hesitant about dealing with digital assets. The company has remained a pioneer in its field, catering to crypto-savvy VIP players and putting forth responsible gambling standards.
In a detailed post, Heath noted that the company could no longer straddle the line between regulated and unregulated markets if it wanted to scale long-term value. He drew attention to the fact that domestic regulators offering licences often looked down on companies operating in unregulated markets, limiting expansion opportunities. Heath was adamant that businesses could no longer play both sides.
You cannot be white and grey; you have to pick a side. This means a crossroads has been reached, and a decision must be made.
Tim Heath, Yolo Group founder
The Yolo Group founder revealed that the company’s future lies in regulated markets. The company’s next chapter will revolve around a single brand, Yolo.com, which is licensed in Estonia and awaiting approval of its B2B vendor license from the General Commercial Gaming Regulatory Authority (GCGRA) in the UAE. Gaining a toehold in the Emirates could be pivotal for Yolo, making it one of the first crypto-oriented operators to have a presence in the market.
Yolo Aims to Remain at the Forefront of Innovation
An UAE licence could mark a significant milestone in the company’s journey toward regulated markets, as the jurisdiction has been positioning itself as a hub for regulated gaming and esports. Its stringent regulations mean that a license could solidify Yolo’s pivot away from grey markets and help the company expand in other leading jurisdictions.
The new Yolo.com brand seeks to consolidate the company’s operations under a single umbrella. Heath revealed his vision of an innovative, fully integrated gaming ecosystem that prioritizes compliance, innovation, and player trust. This new offering will combine land-based and online gaming operations, uniting them under a single wallet powered by crypto technology.
The regulated landscape is the future of gaming, and we’re ready to lead with the same fearless innovation that got us here.
Tim Heath, Yolo Group founder
Industry insiders note that Yolo’s strategic move aligns with shifting industry dynamics. As regulators worldwide increasingly tighten the rules around offshore gambling, many operators that had thrived on the grey market must choose between seeking licenses or risking exclusion from key jurisdictions. Heath, however, sees this transition as an opportunity to refine Yolo’s offerings and remain at the forefront of innovation.
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Deyan is an experienced writer, analyst, and seeker of forbidden lore. He has approximate knowledge about many things, which he is always willing to apply when researching and preparing his articles. With a degree in Copy-editing and Proofreading, Deyan is able to ensure that his work writing for Gambling News is always up to scratch.
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