Tag Archives: Ukraine Gambling Law

Ilya Machavariani: 4H Agency’s deep dive on Ukraine Gambling Law proceedings

Despite the Ukraine Gambling Law securing its parliamentary approval in 2020, recent regulatory developments have brought confusion to CIS markets newest jurisdiction. Ilya Machavariani, Managing Partner of 4H Agency and a legal expert for CIS markets, provides SBC readers with a full breakdown of on-the-ground developments regarding Ukraine Gambling Law and its passage into full existence.   ___________________ SBC: Confusion …

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Parimatch secures full Ukraine online gambling rights

CIS online gambling group Parimatch, has become the first operator to fully validate its Ukraine online gambling services, having secured licencing approval for online casino, sports betting and poker. Yesterday, Parimatch communicated that it had completed its full Ukraine licensing provisions, becoming the first operator to obtain a sports betting licence validated by the newly established Commission for Regulation of …

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Cosmolot licence raises questions over Ukraine Gambling Law

Ukraine gambling stakeholders have been left dumbfounded by the country’s newly established Commission for Regulation of Gambling and Lotteries (CRGL) after it issued its first licence this week.  On Wednesday, CRGL announced that it had awarded its first online gambling licence to Speisiks LLC, the company which operates the Cosmolot brand, which formerly operated in Ukraine under the UNL’s instant lottery …

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Ukraine appoints former special forces general Ivan Rudyi to lead UGLC 

The government of Ukraine has formally announced the appointment of Ivan Rudyi as first Director-General of the Ukrainian Gambling and Lottery Commission (UGLC).  The appointment of Rudyi as the UGLC’s founding director-general was confirmed last Friday following the publication of a telegram issued by Oleg Nemchinov, leader of Ukraine’s Council of Ministers.  A high-profile figure, Rudyi is a former general …

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Ukraine publishes remit and objective of first Gambling Commission  

Ukraine’s Rada has sanctioned a series of ‘secondary laws’ to accompany its formally approved ‘Gambling Law’ mandate, establishing the foundation of Ukraine’s first-ever ‘Gambling and Lottery Commission’ (UGLC). Closing September proceedings, Rada ministers approved a secondary decree ‘on the formation of a gambling and lottery commission’, which will serve as the state’s legal entity to monitor licensed gambling activities and …

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Ukraine gambling bill enacted by President Zelensky

Ukraine’s regulated gambling marketplace developments remain on track for 2020 after President Volodymyr Zelensky formally signed the ascension of Bill-2285D, following July’s legislative approval by the Verkhovna Rada. Bill-2285D maintains the Rada-approved legislative framework and guidelines forming the ‘Ukraine Gambling Law’, a mandate which will overturn Ukraine’s 11-year prohibition of all forms of gambling except for lotteries The formation of …

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Ukraine Gambling Law demands tough scrutiny on operator origins

International law firm Dentons CIS office has published a further breakdown of all provisions attached to the second reading of the Ukraine Gambling Law. Approved last week by the Verkhovna Rada, the Gambling Law mandate will form the basis for Ukraine adopting a legislative framework regulating gambling services, following 11-years of market prohibition. Upon approval, Dentons CIS stated that if uninterrupted …

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