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Special panel discussion focusing on the Ukrainian gambling industry at #EGC2020VE
Reading Time: 5 minutes
Highly informative panel discussion about the Ukrainian gambling industry has been added to the agenda at European Gaming Congress VE (Virtual Edition).
Little over 2 months ago, the Ukrainian gambling industry had a landmark moment for both the international betting industry and for liberalizing the economy.
“We’re currently seeing history in the making. In short, the Ukrainian gambling industry is coming back. While gambling peaked at almost $1.4 billion in revenue in 2008, the state monopolized the market into lotteries in 2009, making it the only legal form of gambling – and prohibiting anything else” were the words of Vladimir Malakchi, CBDO at Evoplay Entertainment, in a recent interview (read in full here)
Ukraine’s new gambling legislation would allow the functioning of ground casinos in five-star hotels in the capital city of Kyiv and four-star hotels in regions. The license fee for Kyiv would be $ 2 million for hotels with a capacity of more than 150 rooms and $ 1 million for hotels with a capacity of over 100 rooms but less than 150 rooms.
All-star hotels above three stars can host slot machine facility. The license fee for slot machines would be $ 250000 and $ 100 per month for each slot machine. The facilities can use 50-250 machines with a single license.
Online casinos too will be permitted. The license fee would be $ 230000 or $ 1.150 million for 5 years for one website.
Both online and offline bookmaking activities also will get the nod. The license will cost $ 1 million a year plus $ 500 per month.
As with every newly regulated market, there is information that needs to be digested and this is why we have decided to include a special dedicated panel about the Ukrainian gambling industry at the upcoming European Gaming Congress.
The virtual edition of European Gaming Congress 2020 is taking place between 6-7 October and gathers top names of the gaming industry who will present their insights to create Europe’s largest gaming compliance gathering.
THE EASY AND FREE REGISTRATION PROCESS IS SPONSORED BY ALTENAR AND YOU CAN REGISTER FOR FREE HERE NOW!
The conference covers +28 jurisdictions and as mentioned above, Ukraine is among them with a dedicated panel.
During the “GAMING REPORT: UKRAINE SPECIAL” panel discussion, you have the opportunity to hear more about how to apply for a license, what are the insights about the market, and more by the panelists under the moderation of Andrius Gabnys (Attorney At Law – Gabnys Law Firm).
The panel will be joined Ievgeniia Derbal (Chief Legal Officer at Parimatch), Vladimir Malakchi (CBDO at Evoplay Entertainment), Sergii Romanenko (Chief Operating Officer at GGPokerok.com), Dainis Niedra (Managing Director Central & Eastern Europe at Enlabs), and Artem Kuzmenko, MBA (Partner at ETERNA LAW).
You can find more details about the speakers’ and moderator bios below.
AS MENTIONED ABOVE THE EASY AND FREE REGISTRATION PROCESS IS SPONSORED BY ALTENAR AND YOU CAN REGISTER HERE NOW!
You can find more details about the Agenda here or you can register here!
For further inquiries about the speaking/sponsoring options, make sure to send an e-mail to Andrada Marginean (B2B Sales Executive at Hipther Agency) or subscribe to the weekly newsletter on the following link.
For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).
Ievgeniia Derbal – Chief Legal Officer at Parimatch
Evgenia is Head of Legal for Parimatch, and is responsible for the coordination of the legal function at Parimatch Holding. Evgenia is based at Parimatch’s head office in Cyprus, and is responsible for corporate structuring, tax planning, building commodity – cash flows, protecting the intellectual property of the Holding and coordinating with legal teams at local offices.
Evgenia’s expertise is in gambling taxation, intellectual property rights, and regulatory compliance. For seven years, she led Konnov and Sozanovsky’s tax practice and most recently, was Head of Legal at Media Group FILM.UA, where she was responsible for building and coordinating a team of 20 lawyers.
Evgenia has experience in the development of legislative and regulatory acts and has participated in public councils. Evgenia has diplomas in law and economics from the International Science and Technology University in Kiev.
A keen sportswoman, Evgenia enjoys skiing, snowboarding, wakeboarding, surfing, and windsurfing. She loves to travel, and spend as much time as possible with her family and two-year-old son.
Vladimir Malakchi – CBDO at Evoplay Entertainment
Heading up Evoplay Entertainment’s rapidly expanding global presence, Vladimir Malakchi has been key to the studio’s outstanding success in 2020 as it continues to go from strength-to-strength as one of the industry’s most revolutionary suppliers.
A start-up entrepreneur at heart, Malakchi has brought a wealth of experience to Evoplay Entertainment since joining the company earlier this year, having successfully scaled multiple early-stage companies across the tech space, including one of the world’s top five blockchain developers.
Ready to offer his insights on all things global and Ukraine, he holds an extensive track record across the country’s venture capital and investment environment, having guided multiple firm through the product development and strategic development process – raising in excess of $60 million.
Sergii Romanenko – Chief Operating Officer at GGPokerok.com
He has been in the gambling & casinos industry, holding several operations and management positions since 2002. He focuses on the day-to-day administration and operation of the business and also responsible for product development. Now, Sergii helps GGNetwork, the world’s largest poker network, developing its business in Eastern Europe.
Dainis Niedra – Managing Director Central & Eastern Europe at Enlabs
15 years of international experience in the B2C gambling/gaming in Baltics and CIS countries. Now is a Managing Director for Central and Eastern Europe for the Baltics’ biggest online gaming operator Enlabs.
Artem Kuzmenko, MBA – Partner at ETERNA LAW
Mr. Kuzmenko has over 10 years of experience in the practice of corporate law and M&A, specializes in advising national and international companies.
He is a member of the working group of the Law on Legalization of Gambling Business in Ukraine.
Mr. Kuzmenko has extensive experience in corporate, commercial and regulatory matters related to the activities of companies in the food industry, telecom, pharmaceuticals, retail and financial services, IT, manufacturing companies. He has a broad experience in establishment and liquidation of the companies. He participated in international projects, provided corporate projects and M&A transactions, was responsible for project management, legal support at all stages, including preparation of project documentation and contracts, advising on corporate structure, support and legal support of the work of the food industry, metallurgy, mining companies and agricultural companies.
Mr. Kuzmenko was involved in the organization of the ‘due diligence’ and ‘vendor due diligence’ checks, as well as consulting in the field of real estate.
Prior to joining in ETERNA LAW Mr. Kuzmenko worked in “Prime” law firm.
Andrius Gabnys – Attorney At Law – Gabnys Law Firm
Andrius Gabnys is an attorney-at-law and a managing partner at Gabnys Law Firm, a legal boutique based in Vilnius, Lithuania, and Tallinn, Estonia. The Firm specializes in entertainment (gambling, media, arts) and technology (IT, cybersecurity) legal aspects. Andrius Gabnys has been working in the online gambling sector for over 10 years and focuses on the multijurisdictional licensing, IP and related matters. He has extensive experience dealing with the gambling authorities in Europe, CIS countries, Africa and South America.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Special panel discussion focusing on the Ukrainian gambling industry at #EGC2020VE
Reading Time: 2 minutes
Finland is preparing to usher in a new era for its gambling industry, with a comprehensive reform that transitions the country from a state monopoly to a regulated, licensed market. According to updates received by Nordic Legal, the Administrative Committee of the Finnish Parliament has completed its report, confirming the core elements of the reform. While the legislation has yet to be formally published, it is expected to pass without further amendments.
This reform marks a significant shift in Finland’s gambling landscape and introduces a well-defined roadmap that operators and suppliers should begin preparing for now.
Key Milestones in Finland’s Gambling Market Reform
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B2C licence application opens: March 1, 2026
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Opening of the gambling market: July 1, 2027
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B2B licence application opens: July 1, 2027
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B2B licence requirement enforced: July 1, 2028
In addition to these regulatory changes, the Finnish government is reportedly exploring mechanisms for enhanced player protection. One such initiative under consideration is the introduction of loss limits that would apply across all licensed operators, signalling a strong commitment to responsible gambling.
Nordic Legal: Your Strategic Partner for Finnish Market Entry
With deep expertise in the Nordic gambling sector, Nordic Legal is uniquely positioned to assist operators navigating the Finnish licensing process. Drawing on experience in Denmark and Sweden, the firm brings regulatory insight, a streamlined methodology, and local expertise to ensure clients are well-prepared for this market transformation.
Why Choose Nordic Legal?
1. Familiarity with Your Business
For existing clients operating in Denmark or Sweden, Nordic Legal leverages its existing understanding of your organisation and technical infrastructure. This continuity accelerates the process and avoids duplication of effort.
2. Regulatory Expertise
Years of engagement with Danish and Swedish regulators allow Nordic Legal to anticipate regulatory expectations, resolve potential issues early, and smooth out the application journey.
3. Proven Nordic Methodology
Nordic Legal applies a tested framework to each licence application, including:
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Reusing existing documentation where possible
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Mapping technical and certification requirements in advance
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Aligning responsible gambling strategies with Finnish standards
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Co-managing projects through your current contact and our Helsinki team
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Constructive engagement with regulatory authorities when needed
Finland Licence Application Package
To support a seamless entry into the Finnish market, Nordic Legal offers a comprehensive application service that includes:
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Translation of all required documents
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Step-by-step application guidance
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Completion of application forms
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Full project management
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Direct communication with the Finnish Gambling Authority on your behalf
Operators aiming to enter the Finnish market are encouraged to begin preparations early. Nordic Legal’s package ensures that you will be ready when the application process opens in 2026.
Thinking of Entering the Finnish Market?
Whether Finland is part of your expansion strategy or you need a clearer understanding of how the new legislation affects your operations, Nordic Legal is ready to help. With expert knowledge of the requirements, the process, and the business context, we provide the guidance and support you need to move forward confidently.
For more information about our Licence Application Package or a personalised assessment of the Finnish market, please contact Nordic Legal directly.
The post Finland Finalises Gambling Reform Framework: Market Opening Set for 2027 appeared first on European Gaming Industry News.
Reading Time: < 1 minute
Gamblers Connect is pleased to announce a new strategic partnership with NuxGame, a premier B2B software provider specialising in API-first, modular iGaming solutions.
This collaboration is designed to significantly enhance NuxGame’s brand visibility and solidify its authority across the critical regulated and emerging markets our operator network serves. NuxGame, which has been successfully developing and expanding operator projects since 2018, offers comprehensive Turnkey Casino and Sportsbook Platforms.
The company’s technical strength is unmatched, featuring a massive aggregated content library of over 16,500 games from more than 130 studios, alongside advanced, market-specific tools like its Telegram Casino Software and specialised Sweepstakes Casino Platform.
Gamblers Connect will showcase how NuxGame’s modular, API-first architecture allows clients to quickly launch a fully branded platform, easily scale into complex verticals like crypto, and benefit from full compliance support, including their Romanian Class II B2B Licence and GLI-19 Certification.
By offering transparency around risk management and a comprehensive support system, Gamblers Connect will de-risk the initial onboarding process for operators.
This strategic alliance underscores NuxGame’s commitment to delivering technical excellence and our dedication to providing our audience with trusted, high-value industry partners.
Gjorgje Ristikj, Founder of Gamblers Connect, said: “Our partnership will leverage Gamblers Connect’s high-authority platform to connect NuxGame directly with decision-makers seeking fast, scalable, and compliant software solutions. Our cooperation will focus on delivering expert content and deep technical insights into the platform’s core advantages.”
The post NuxGame & Gamblers Connect Enter a New Partnership appeared first on European Gaming Industry News.
Reading Time: 2 minutes
Soft2Bet, a leading provider of iGaming turnkey solutions, has been nominated for Best Solutions for iGaming Industry in Romania 2025 by Romania Gaming Celebration 11 – Casino Inside Gala Awards. The nomination highlights Soft2Bet’s continued investment in the country and its ability to deliver highly localised and high-performing solutions for local operators and players, powered by its proprietary gamification engine, MEGA (Motivational Engineering Gaming Application).
This nomination is the latest in a series of achievements in the Romanian market, highlighting Soft2Bet’s data-driven iGaming solutions for player retention. Previously, the company was honoured as the Best iGaming Solutions Provider in Romania at the 12th Reunion of Gambling Professionals. Furthermore, its local brand, Don.ro, secured the title of Best New Launch of 2024 at the same event, and in the process showcased how its approach to creating compelling brands specifically tailored for Romanian players is highly successful.
Don.ro has rapidly established itself as one of Romania’s most recognisable online entertainment platforms. Its success is built on a highly intuitive user experience (UX), a comprehensive range of casino and sportsbook options, and strategic, locally focused marketing campaigns. In addition, Don.ro has strengthened its brand appeal and established strong trust with Romanian players thanks to its partnership with the CFR Cluj 1907 football club, in the process contributing to local sports.
Don.ro uses Soft2Bet’s advanced MEGA technology to boost player engagement with missions, challenges and personalised rewards. This proprietary technology also ensures responsible gaming. MEGA allows operators to customise player experiences, rewards and activation triggers to fit local market needs. These features increase engagement, retention and long-term value for both casino and sports betting platforms.
Yoel Zuckerberg, Chief Product Officer at Soft2Bet, stated: “Being nominated in the Best Solutions for iGaming Industry in Romania 2025 category is a clear recognition of all the work our teams have accomplished with Don.ro and confirmation of the success in Romania. Our focus is on building locally relevant experiences, powered by MEGA and supported by strong compliance and design standards. We are proud of what we are achieving in Romania and remain committed to bringing quality iCasino engagement tactics and long-term strategies to our players.”
The post Soft2Bet Nominated for Best Solutions for iGaming Industry in Romania 2025 appeared first on European Gaming Industry News.
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