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  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
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    Default Ukraine President signs gambling bill

    Ukraine President Volodymyr Zelensky formally signed Bill-2285D following July’s legislative approval by the Verkhovna Rada.

    The "Ukraine Gambling Law" maintains the Rada-approved legislative framework and guidelines forming a mandate that will overturn Ukraine’s 11-year prohibition of all forms of gambling, except for lotteries.

    From SBC News:

    The formation of a regulated gambling marketplace had been formally outlined as a key economic pledge by President Zelensky’s SoP Party, which took control of Ukraine’s government last summer.

    SoP had formed a legislative mandate for gambling, but would find little consensus attached to key policy areas related to industry taxation, licensing procedures and management of lottery incumbents.

    Following numerous amendments, disputes and rewrites, SoP ministers settled on a working framework of Bill-2285 to be reviewed by Rada as Ukraine’s federal gambling policy framework – a process which was allowed to be fast-tracked by Rada committees last May.

    At present, the Ukraine Gambling Law establishes that the government will form a regulated marketplace for the eight gambling disciplines of Land-based casinos, online casino, retail sports betting, online sports betting, Slot machine halls, online poker, totalizer contracts and lotteries.

    Despite its presidential approval, the Gambling Law remains unfulfilled with regards to key operator criterias for licensing, licensing procedures and industry taxes.

    Fast tracking Bill-2285D, supporting ministers chose to hold separate hearings on how UKraine would formulate its tax framework and licensing provisions forming a regulated gambling marketplace.
    Read more here: https://sbcnews.co.uk/sportsbook/202...dent-zelensky/

    Here is a link to the bill: http://eterna.law/content/Alerts/Gam...l%202285-D.pdf
    Last edited by The Buzz; 11 August 2020 at 6:15 pm.

  2. The Following 6 Users Say Thank You to The Buzz For This Useful Post:

    celena (16 August 2020), ddm (11 August 2020), drifter8 (12 August 2020), Gerasim (13 August 2020), ocreditor (20 August 2020), Tex Holdem Questions (23 August 2020)

  3. #2
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    Thanks for the info!
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    Default

    Good news, thanks. Will look forward to more opportunities.

  5. #4
    Nenad is offline Public Member
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    Some good news, I hope! Thanks for the information.

  6. #5
    Casino Gamerz is offline Public Member
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    Default

    So, how much was in the big brown envelope Mr Zelensky?
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    Great stuff, thanks for the news !

  8. #7
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    Anyone knows the URL of the Ukrainian gambling commission/regulator website?

  9. #8
    Tex Holdem Questions is offline Private Member
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    Thanks for sharing!

  10. #9
    elad is offline Private Member
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    The main question would be - how long before it turns into something actual?

  11. #10
    Yoda is offline Public Member
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    Supposedly not to long. They want to move forward fast because of the Corona affecting the economy.

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