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Industry
March 4, 2022
Gaming Industry for Ukraine Seeks to Help Refugees of Russian War
Gaming Industry for Ukraine is an initiative that has been formed to respond to the unprovoked war Russia declared on its democratic neighbor. The GoFundMe campaign hosted by several gambling organizations will seek to provide refugees with up to £250,000 ($333,000) in relief funds. The funds will go directly to Choose Love, a crisis fundraiser […]
Industry
March 4, 2022
MGA Advises License Holders to Ensure They Comply with Sanctions
The Malta Gaming Authority will be actively reevaluating its licensing conditions in light of the war Russia waged on its democratic neighbor last week. The regulator has said that license holders would need to comply with the sanctions imposed on Russia for declaring war on Ukraine. MGA Warns Licensees to Adhere to Sanctions on Russian […]
Business
March 4, 2022
Czech Business Leaders Condemn Russian War in Ukraine, Offer Humanitarian Relief
Czech entrepreneurs and business leaders Karel Komárek and Robert Chvátal have condemned the Russian war in Ukraine which has led to the senseless and brutal oppression of the Ukrainian people. The war launched with a premeditated strike by the Russian side on Thursday, February 24, which led to the large-scale invasion of Ukrainian territory by […]
Business
February 28, 2022
Parimatch Announced $1m Fund to Support Defense of Ukraine
Sports betting operator based in the CIS region Parimatch joined the international effort to provide support to Ukraine by launching a UAH30 million ($1 million) fund. Funds for Ammunitions, Food and Medicines The decision to provide the funds for defenders of Ukraine that are currently fighting against the invading Russian armed forces was announced in […]
Sports
December 20, 2021
Oleksandr Zinchenko Named Official VBET Brand Ambassador
VBET, an Armenian-based online sports betting and gaming brand, announced Ukrainian national soccer player Oleksandr Zinchenko as its official ambassador. Expand Ukraine’s Presence VBET, part of BetConstruct Group, announced a collaboration with the prominent soccer talent and current player of English Premier League (EPL) Manchester City as part of its ongoing efforts to establish a […]
Industry
December 6, 2021
Ukraine’s Vote on Gambling Law Amendments Delayed Again
A bill that seeks to implement changes to the provision of national gambling law in Ukraine was put aside by the national legislature implying further delays to the legal process. Vote Did Not Go Ahead Bill 2713-D that also has provisions for Tax Code amendments was on the Parliament’s agenda for voting on Friday, December […]
Industry
October 13, 2021
Ukraine Gives Illegal Operators Three Days to Comply
Ukraine is sending an unequivocal message to unlicensed operators as the country’s recently-formed regulator KRAIL, or Commission for the Regulation of Gambling and Lotteries has published guidelines that will advise a course of action against unauthorized gambling websites. KRAIL Begins Targeting Illegal Gambling Businesses Joining the family of regulated markets, Ukraine is quickly looking to plug the hole […]
Industry
August 31, 2021
Top UK MPs Criticized for Accepting Hospitality from Betting Firms
The Liberal Democrats have criticized UK Conservative Party MPs Philip Davies and Esther McVey for receiving free tickets and hospitality from gambling companies, when the Government is reviewing gambling laws. Tatton Constituency Concerned About McVey’s Betting Links Liberal Democrats in Esther McVey‘s local constituency of Tatton have criticized their MP and her fellow MP husband, Philip Davies, for accepting gifts from gambling firms while the UK Gambling […]
Legal
August 23, 2021
KRAIL Member Arrested for Taking Money to Assist Licensing
Gambling regulations in Ukraine took center stage after a member of the country’s national regulatory body was arrested on suspicion of bribery. Alleged Bribery Ukraine’s National Anti-Corruption Bureau (NABU) arrested a member of the Commission for the Regulation of Gambling and Lotteries (KRAIL) Friday for allegedly accepting a $90,000 illegal benefit in exchange for providing […]
Sports
August 20, 2021
VBET Expands Presence in Ukraine Sports with FHU Partnership
Online sports betting and gaming brand VBET announced today it entered into a partnership deal with the Ukrainian Ice Hockey Federation (FHU) to become title sponsor of the Ukrainian national ice hockey team. Restoring Popularity of Ice Hockey Under the terms of the sponsorship deal, VBET and the FHU will collaborate to restore the status […]