Ukraine
Will gambling legalization be profitable for Ukraine? Get to know at Ukrainian Gaming Congress
As we know, there is active discussion of gaming business legalization in Ukraine. Some insist that the ban of 2009 should remain in force, and some try to give gaming business green light.
Experts are sure: adoption of the law aiming to bring out of the shadows and legalize gambling in the Verkhovna Rada will provide additional revenue. At the end of 2014 there was a draft law in the Parliament but it has never approved.
Director of Gaming Business Association Tamara Golubchik commented on the situation: “In the format it was submitted, it is unlikely to substantially fill the budget. If you take casinos, and not only be 5 stars facilities – it may bring up to one billion hryvnia”.
As head of Gaming Business Association, Tamara Golubchik is familiar with the process of Ukrainian gaming market formation at all stages – both in its high days and after the ban. Within the framework of Ukrainian Gaming Congress, she will share her expectations from the new law, will list her ideas to authorities and will give practical advice to businessmen.
According to the speaker, there is no need to take three separate laws on gambling. Tamara is convinced that it is necessary to regulate all types of gambling activities with one law. In particular, it is necessary to make business entry barriers lower. The association believes that next year t legalization of gambling will result in filling state budget with taxes of 2 billion UAH, and in a year – with 4 billion UAH. Within her report at UGC Tamara Golybchik, head of Gaming Business Association will speak about it in more details.
One can listen to the report of the expert on September 29 in Kiev RADISSON BLU HOTEL where the first Ukrainian Gaming Congress will be held. Event will bring together representatives of authorities and gaming industry to discuss opportunities for its revival in Ukraine. Today preparations for the event are in full swing and to find out more detailed information please see announcements on website: http://ukrainegaming.com.ua/en/registration .
If you do care about Ukrainian gaming industry, hurry up to become the participants of the first domestic industry event!
Press Releases
The subtleties of gambling in Ukraine from Slotegrator: how to start a land-based casino business
Casino solution provider for gaming businesses Slotegrator continues to study the Ukrainian gambling market and to provide answers to the most popular questions in the industry through its educational materials. This time, the company — one of the leading aggregators in the Eastern European market — has thoroughly examined the question of how to open a land-based casino in Ukraine.
Now that gambling has been legalized in Ukraine, the government of the country is counting on a new inflow of investments triggered by tempting gaming prospects to bolster its economy. New opportunities, which are seeing the light of day after operating under the cover of night over the past decade, are obviously set to attract operators — especially those who are fully aware of the gambling industry’s potential.
Even with the pandemic and some of its consequences, such as quarantine restrictions and in some cases lockdowns, land-based casinos are still picking up in popularity as the demand for real, live game experiences is not diminishing — to say the least. On the contrary, the lack of socialization and interpersonal communication brought on by the pandemic has awakened players’ desire to enjoy the atmosphere of a gambling establishment.
The new article from Slotegrator covers all the key aspects of launching a land-based casino business in Ukraine. It provides a market overview and unveils the crucial details of getting a gambling license — one of the most popular queries among those looking to break into the industry. Also, operators will learn what requirements they will have to satisfy and what fees they will have to pay to obtain a gambling license.
While focusing on how to open a casino, the article analyzes essential aspects of the land-based business, such as the role of gambling equipment, the necessity of a centralized monitoring system, the importance of the talent acquisition process, and the value of high-quality marketing and first-class customer support.
Regardless of the scope of the gambling establishment, the business principles remain the same for everyone. Therefore, “How to open a land-based casino in Ukraine” will interest both proven businessmen who are expanding their enterprises and those who are just taking their first steps in the gambling industry.
Read the full version of the article by clicking on the link.
News
Anton Kuchukhidze Is in the First Episode of the “Ukrainian Realities in Gambling” Podcast
The LoginCasino.com.ua team has started a series of podcasts, which is called “Ukrainian realities in gambling”. The first to be invited to the studio was Anton Kuchukhidze, a foreign policy expert.
The expert talked about the latest developments that are taking place around the creation of the regulator and the preparation for the start of the work of operators.
Anton Kuchukhidze has been taking an active part in the public discussion of the legalization of the gambling business in Ukraine for several years now. During the current conversation, he focused on the following aspects:
- whether it is likely that license payments will go to the Ukrainian state budget this year;
- taxation of gambling operators – bill No. 2713-d and its criticism by the Anti-Corruption Committee of the Verkhovna Rada;
- which way of taxation is the most optimal for both the market and the state at the moment;
- why the Cabinet of Ministers did not indicate revenues from the gambling business in the chart of budget revenues for 2021 and at the same time provided for the costs of the regulator;
- features of creating gambling zones in Ukraine and the development of tourism;
- prospects of the Ukrainian gambling market for the next year.
The expert gave forecasts, estimates, provided examples, and shared interesting facts. Follow the link and watch the video to the end.
https://www.youtube.com/watch?v=yY9suaOJHNA&feature=youtu.be
The formation of the gambling market in Ukraine has just begun, so the podcast will feature many more interesting topics and guests.
Subscribe to our YouTube channel, rate it, write comments and questions.
Let’s make the professional dialogue about the gambling business long, hot, and very interesting.
Latest News
Kyiv-Based Kozatskiy Hotel May Become the Place for a Gambling Establishment
Login Casino.com.ua, the first Ukrainian gambling magazine, has got anonymous information that the State Property Fund is going to consider the draft agreement related to the opening of a gambling establishment in Kozatskiy hotel located in Kyiv’s Maidan Nezalezhnosti.
At the current time, Kozatskiy hotel, located in the city center (there are two such hotels in Kyiv), is categorized as three-star. Its website provides the following information about its internal and external infrastructure:
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the historic and business center of the capital;
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126 hotel rooms;
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restaurant;
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parking zone;
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five halls available for conferences and banquets.
According to the bill №2285-d, the hotel meets all the requirements for arranging a hall with gambling machines and opening a sportsbook without total reconstruction and category upgrading.
At the same time, initiators of the idea to create a gambling space in Kozatskiy hotel are ready to consider offers from gambling companies and promise to take them into account while discussing the agreement with SPFU.
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