Nick Hall

Senior Editor

Updated

17 / 12 / 2025

Yolo Group is set to roll the Sportsbet and Bitcasino sites into one single Yolo.com banner as the company pivots from the wild west of unregulated crypto gambling to Tier 1 regulated markets.

In a Substack post, Yolo said it’s on a mission to bring the crypto casino experience to licensed, domestic frameworks. That theoretically means speed and freedom, but with safety and oversight, which is an interesting balance and we’ll have to see if it’s just marketing speak or an achievable goal. Regulators, it says, don’t want groups straddling both sides, which is more believable. Bitcasino has a Curacao license and this offshore status doesn’t sit well with the regulators in more serious markets. Simply put, Yolo can’t do both.

“You cannot be white and grey, you have to pick a side,” said the post. The company has picked. And the next chapter is Yolo.com in fully regulated jurisdictions.

UAE License on the Way

Yolo reports it’s in the final stages of securing two B2B vendor licences for the soon-to-launch regulated market in the UAE. The shift follows a three-year prep cycle of research and restructuring to make the brand ready for what looks set to be a tough regulator. Yolo plans to carry its crypto UX into that world to keep the basic product that built the audience.

For months in our monthly crypto round-up, we have noted that Yolo’s player acquisition numbers have dropped off a cliff in the crypto sector and we have openly criticised that aspect of Yolo Group’s strategy. Now we know why, as the brand was quietly plotting a new course in the background.

Yolo frames this as evolution, not retreat. The aim is to connect land-based and digital under one wallet, one brand, and operate where operators, regulators, and players can align. Beyond the UAE, expansion targets include Canada, Sweden, and Finland.

The group has refreshed its leadership bench. Lara Falzon becomes CEO of Yolo’s B2B arm, covering Hub88, Live88, Odds88, and OneTouch. Stephanie Eddy joins as Chief Revenue Officer for the B2C division, Yolo Entertainment, after more than a decade at Betway.

If it lands the licences it’s chasing, expect Yolo.com to show up in headline markets with a crypto-native feel, only now inside the guardrails regulators want.