International trade conference backed by the government and leading experts is poised to review the possibility of reviving the gaming industry brought to an abrupt halt over five years ago
14 August 2015; Kyiv, Ukraine. The two-day ‘Game On’ Conference, which will take place in Kyiv on 13-14 of October, will bring together leading international experts, captains of the industry, and top decision-makers from the Ukrainian government to look at international best practices as a way forward to bring gambling back to Ukraine. The Conference, designed to break the five-year hiatus in the industry, aims to develop a roadmap for its comeback in an open and transparent way.
A complete overhaul of the gaming industry in Ukraine will involve the development of the new robust and comprehensive legislation regulating not just casino operation, but lottery activities, sports betting, and online gambling. Such all-encompassing approach will put interests of the nation at the forefront, and will include relevant checks and balances to ensure that international standards are established and maintained. This legislative initiative will also aim to provide an impetus for the development of related industries, particularly encouraging international tourism in Ukraine, and a whole range of other support businesses.
A reformatted, international-standard gaming industry has the potential of creating 300,000 new jobs over the next five years and generating an additional UAH 2.3 billion in tax revenue annually that can be spent on essential social services, the potential which is recognised and welcomed by the government.