Business
June 5, 2021
Vbet Gets License for Operating Casino and Poker in Ukraine
BetConstruct’s business-to-consumer brand Vbet has been approved by the Ukrainian gambling and lottery regulator KRAIL for a license for operating online casinos and poker in the country. With permission from KRAIL, Vbet will become Ukraine’s very first official online poker room. Ukraine outlawed gambling in 2009 before finally legalizing it once more in 2020. An ecosystem will now have to be established anew. Vbet […]
Legal
May 21, 2021
Gambling Tax Proposal May Impact Ukraine State and Local Budgets
State and local budgets in Ukraine may be adversely affected by the proposed flat tax rate on gambling revenue in the country, a parliamentary committee warned, asking the government to consider subsidies to address the deficit. High Taxes will Minimize Consumption The Scientific and Expert Management Committee of the Ukraine Parliament argued that there is […]
Legal
March 26, 2021
In March Ukraine Closed More Than 30 Illegal Gambling Venues
Ukraine’s Secret Service together with the country’s regulator shut down more than 30 venues offering illegal gambling in March. During the raids in multiple regions across the country, officials confiscated a significant number of casino equipment and cash. Ukraine Steps up Efforts against Illegal Gambling Several bills proposed the legalization of gambling in Ukraine last […]
Industry
March 11, 2021
Ukraine Welcomes Slotegrator at This Month’s “Ukrainian Gaming Week”
Slotegrator will attend the “Ukrainian Gaming Week” in Kyiv to give their expert opinion of the growing Ukrainian gambling market. Ukrainian Finance Committee changed the original bill regulating the industry and introduced a new flat tax on gambling winnings, and decreased license fees. Slotegrator to Give Advice on Ukrainian Market Sustainability Slotegrator is a software developer […]
Legal
March 1, 2021
Finance Committee in Ukraine Changes Gambling Tax Rates
Bill 2713-d, introduced in Ukraine last year in August proposed different taxes on gambling based on the type of gambling activity. The proposal was changed last week when the Committee on Finance, Tax and Customs Policy approved a flat tax of 10% applicable for all gambling activities. Ukraine Changes Proposal for Gross Gaming Taxes on […]
Business
February 23, 2021
Enlabs Reports Revenue Increase in 4Q2020
Enlabs experienced another record quarter with active customer count increasing by 15% quarter to quarter and 88% year over year. Another Record Quarter After Acquisition of Global Gaming in Q3 Estonia-based operator Enlabs has published their financial results for 2020, including the fourth quarter of the year. Revenues for the period January 1 – December […]
Industry
February 16, 2021
SiGMA’s Virtual Roadshow Launches with Ukraine on March 3
SiGMA is launching its inaugural Virtual Roadshow with Ukraine as the first stop. The group brings key stakeholders, experts and lawmakers to provide interested parties with the most relevant news and developments in the CIS region and Ukraine. Virtual Roadshow by SiGMA to Launch with First Stop Ukraine SiGMA Group is launching the next chapter […]
Industry
February 12, 2021
Ukrainian Gaming Week 2021 Attracts Top Tier Exhibitors and Sponsors
Ukrainian Gaming Week 2021 has attracted many top tiers, international exhibitors and sponsors. UGW 2021 will take place on 24-25 March Ukrainian Gaming Week Exhibition on 24 March Ukraine is about to experience its first major gambling and gaming exhibition in over 10 years – Ukrainian Gaming Week 2021 (UGW 2021). The large-scale event, which […]
Business
February 8, 2021
Lottery.com and MSL Sign MoU for Select Products in Ukraine
Leading online and mobile lottery platform Lottery.com announced it entered into a Memorandum of Understanding (MoU) with Ukrainian state lottery operator MSL to offer some select products to the market in the country. Lottery.com Acquires Access to Ukraine Select products offered by Lottery.com under the provision of the MoU will be in accordance with current […]
Casino
February 3, 2021
Spaceiks Becomes First Licensed Online Gambling Operator in Ukraine
Spaceiks LLC has become the first licensed online gambling operator in Ukraine under the country’s 2020 Gambling Act. The company’s application was approved by the Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) on Tuesday. Spaceiks must now pay a UAH 30.7 million (around $1.1 million) licensing fee and will in turn be […]