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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 permited. 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.
Three lottery licenses are also available over an auction process where bidding for each will start from $500000. The facility will not have video lottery terminals and other visualization devices.
Online poker license will also be issued at $ 170000 per website.
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: Ukraine Announces License Fees as per New Gambling Law
