Ukraine re-legalise gambling in 2018

Ukraine has accepted a Ministry of Finance letter promising to re-legalise gambling by 2018, almost eight years after it was outlawed.

A legalisation proposal in 2015 failed as operators felt suggested licence fees and tax rates were too high. It was suggested that those regulations, which would have allowed i-gaming, land-based casinos, sports betting and lotteries, could have generated revenues of US$1.5bn annually.

Aleksandr Danilyuk (Finance Minister) said earlier this year that the government has missed out on US$370m in taxes over the last two years due to the delays in reopening the market.

Check Also

Games Global Gaming Corps

Games Global Partners with Gaming Corps to Distribute Full Portfolio

Gaming Corps, the Swedish game development company, has announced a global distribution agreement with Games …

Planetwin365 ENJOY Gaming

Planetwin365 Partners with ENJOY Gaming to Expand Italian Casino Offerings

ENJOY Gaming has expanded its presence in Italy’s regulated iGaming market through a new partnership …