By SectorWire desk ·
Yolo Investments has obtained regulatory approval for Fund III in Abu Dhabi. Yolo Group had previously received two vendor licences related to gaming from the UAE’s GCGRA.
The fund approval follows vendor licensing for Yolo Group in the UAE.
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The agreement establishes coordinated financial services and commercial gaming supervision without introducing specific new company rules.
The licence gives Zitro access to licensed operators in the UAE's commercial gaming market.
Zitro’s supplier licence permits participation in the Al Marjan Island hotel and entertainment development.
The licence gives EGT regulatory approval as a gaming-related vendor in the UAE.
EGT’s licence permits it to supply gaming solutions in the United Arab Emirates.
The agreement establishes information sharing, coordinated supervision and investigation support where GCGRA and ADGM’s financial regulator have overlapping responsibilities.