It looks like there are at least 57 applicants.
Spinning off the gambling supervision into its own company is completely normal, logical, and sensible. The reasons include industry differences, reporting, and different business growth prospects. In this particular business, the near-term growth outlook is indeed remarkable, and operations are sure to be very profitable. According to the article in the link, the processing time for licenses is six months, so if a new operator wants to start right when the market opens on July 1, 2026, a business like Ubetec has busy times ahead.