Meanwhile, after amending it to set a flat rate of 10 percent for all forms of gambling, bill 2713-d was put forward by committee chair Oleg Marusyak before being approved by the country‘s Committee on Finance, Tax and Customs Policy. In spite of the fact that the country’s Gambling Act was signed into law last summer, Parimatch still awaits a final decision from Ukraine’s legislature, the Verkhovna Rada, on taxation, licensing costs, and technical accreditation of systems. The bill legalized online gambling, slot halls, bookmaking, and land-based casinos located in hotels only, a provision reportedly requested by Zelensky in 2019 to help prevent illegal slot machines. 2285-d to legalize the gambling industry in what is Europe’s second largest country. In February this year, Spaceiks LLC, which operates the Cosmolot brand and was formerly owned by Ukraine’s National Lottery before being discontinued in 2019, was the first license approved by the KRAIL, with Parimatch’s approval following.įounded in Ukraine in 1994, the CIS (Commonwealth of Independent States) online gambling group first announced that it would be bidding for the new operating licenses in the country on August 13, 2020, after President Volodymyr Zelenskyi, who is a long-time supporter of regulated gambling in Ukraine, signed Bill No. The firm confirmed Thursday that after an 11-year wait its full Ukraine licensing provisions had been satisfied and the new license, which will allow it to offer sports betting, live casino, and online poker in the Eastern European country, has been validated by the newly established Commission for Regulation of Gambling and Lotteries (CRGL). It will be the 5th country where the group holds a license after Kazakhstan, Tajikistan, Belarus, and Cyprus where its B2C headquarters is located. Online gaming software, Latest Casino and Gambling News, World Casino News, Online gambling regulation, Gaming Industry News, European Casino News, Licenses, Taxation, Online Gambling News, Sports betting, UkraineĪfter initially being approved for an online casino license last month, international betting and technology company, Parimatch has now become the first operator to receive approval for a Ukraine betting license. Betting on sports futures, props and lay bets.
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