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The Latest in ukraine
Industry
April 10, 2024
Ukrainian Gambling Regulator Approves over 150 New Licenses
The Commission for the Regulation of Gambling and Lotteries in Ukraine (KRAIL) has been bustling with activity, processing a staggering 194 license applications during the first quarter of 2024. This surge in licensing activity comes at a time when discussions are underway regarding the potential restriction of military personnel’s access to online gambling in the […]
Industry
April 8, 2024
Ukraine: iGaming Operators Post Significant Increase in Revenues
In 2022, the same year when Russia invaded Ukraine in an unprecedented act of war, online casinos and betting operators in Ukraine reported UAH 1.94 billion ($50 million) in total revenue. A year later, their revenue skyrocketed more than 28 times, hitting nearly UAH 55 billion ($1.4 billion). Data released by the country’s service for […]
Industry
April 3, 2024
Ukraine Considers New Restrictions for Online Gambling
On February 24, 2022, Russia invaded Ukraine in what can only be described as an unprecedented act of war. This invasion became the largest attack on a sovereign European country ever since World War II. The war resulted in the displacement of millions of Ukrainians and the death of civilians and military personnel. While the […]
Poker
March 7, 2024
VBET Inks Deal with Ukrainian Sport Poker Federation for Poker Series
After expanding its presence on Ukrainian soil with a partnership inked with the country’s Ice Hockey Federation that turned it into the national ice hockey team’s title sponsor in 2021, and inking an assortment of similar agreements with the Ukrainian Association of Football for the VBET Cup, the Ukrainian Premier League for VBET LIGA, and the National […]
Industry
March 4, 2024
Ukraine’s Gambling Industry Pays $47.2M in Taxes in February
Ukraine’s Ministry of Finance has published its tax report for February, highlighting a significant increase in the gambling industry’s contributions. Despite the ongoing war with Russia, the tax revenues suggest that the gaming sector is still going strong. According to the ministry, businesses and organizations in the country paid a total of UAH 184.8 billion […]
Legal
February 9, 2024
Ukraine’s Cosmolot Faces Allegations of Tax Evasion and Unlicensed Gambling
In a significant development, Ukraine’s Bureau of Economic Security (BES) recently seized UAH 700 million ($18.6 million) from the accounts of one of the country’s largest gambling operators, Cosmolot. The move comes as the casino faces accusations of evading UAH 1.2 billion ($31.9 million) in taxes. Cosmolot has denied all allegations and is ready to […]
Industry
October 30, 2023
Ukraine Takes a Leaf off Las Vegas Book to Oust Russian Influence
The country, which recently reformed its gambling framework, has received an invitation from the US Gaming Control Board in Nevada to help it oust Russian influence from the industry completely. Ukraine Seeks Input from Las Vegas to Pare Down Russian Influence The Ukraine’s Gambling and Lottery Regulation Commission is expected to work with counterparts […]
Legal
August 11, 2023
Ukraine Resumes 18% Turnover Tax on Online Gambling
The collection of taxes on gambling activities helps deliver a valuable stream of revenue for governments across the globe. Such tax revenue can be dedicated toward educational programs or contribute to the treatment, support and research of problem gambling. Besides the land-based gambling sector, amid the popularity of online gambling activities, iGaming operators also contribute […]
Esports
August 10, 2023
GG.Bet Certified for Casino and Betting Products in Ukraine
GG.Bet has been one of the leaders in iGaming, sports and esports betting, with the company obtaining a series of important licenses all over Europe, including in the United Kingdom in recent months. GG.Bet Gets Greenlight for Ukrainian Rollout of Gambling Product Now, GG.Bet is also entering Ukraine as a fully-licensed and legitimate operator, with […]
Casino
August 3, 2023
BETER Live Introduces Ukrainian Roulette
BETER Live has already developed several live casino versions of the popular game, including classic European and French variations, along with Gravity Roulette, now building upon this previous success with the addition of Ukrainian Roulette. BETER Hosts First Ukrainian-Speaking Roulette The game is available to BETER Live’s partners, and it has been built after a […]