On September 29, 2015, we will hold a unique event on the global gambling market – Ukrainian Gaming Congress, a platform that will bring together representatives of the authorities and the gambling industry to discuss the possibility of its revival in Ukraine.
On July 24, 2015, Verkhovna Rada of Ukraine registered a draft law “On State Control and Legal Basis for the Organization of Gambling.” This law provides for comprehensive regulation of activities in the field of gambling in accordance with the rules and laws of the majority of European countries.
The idea of the bill, being authored by members of People’s Front Party of the Prime Minister of Ukraine Arseniy Yatsenyuk, is to introduce a unified law, which will regulate gambling. In addition, the point at issue is about the creation of an effective licensing system, set of rules and requirements for all segments of gambling (lotteries, bookmakers, and casinos) and a complete legalization of their activities, as well as their online work.
In the case of the adoption of the law and successful implementation of the project, the Ukrainian authorities expect that the legalization of gambling will be an additional source of income for the national budget, as well as contribute to the development of hotel and tourism business.