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Ukrainian Parliament to Consider Six New Gambling Bills

Ukrainian Parliament to Consider Six New Gambling BillsReading Time: < 1 minute

 

Ukraine’s Parliament, the Verkhovna Rada, has announced that six new bills will be considered involving the regulation of gambling. This includes two draft amendments to the current tax and budget laws related to gambling as well as one rule change regarding illegal gambling.

Of the nine total bills and amendments, only five have currently been made available to the public. The bills are backed by Ukrainian President Volodymyr Zelensky, who has been pushing to legalise gambling within the country since being elected.

The bills were submitted by Taras Tarasenko, who also authored one of the bills. According to Tarasenko, any group applying for casinos in the capital city of Kiev would be required to pay $3.2 million as part of the application process.

In addition, all online casinos would be required to pay an estimated $2.1 million in licensing fees. One bill specifically addresses the licensing framework for sportsbooks, allowing these online sports betting sites to own 10 brick-and-mortar shops within the country.


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: Ukrainian Parliament to Consider Six New Gambling Bills

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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