Tag Archives: Verkhovna Rada

KRAIL stands by its authority of Ukraine gambling 

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KRAIL – The Commission for the Regulation of Gambling and Lotteries in Ukraine has hit back against direct attacks made against its organisation by The Ministry of Digital Transformation.  This week, the Ministry presented ‘Draft Bill-9256’ to the Verkhovna Rada (parliament), seeking authorisation to ‘liquidate KRAIL’ of its duties as the authority overseeing Ukrainian gambling. Mykhailo Fedorov, who leads the …

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Parliamentary decision on Ukrainian Gambling Law delayed once again

SBC News Parliamentary decision on Ukrainian Gambling Law delayed once again

Betting and gaming industry stakeholders with interests in the CIS and Eastern Europe regions will have to wait for confirmation on Ukrainian Gambling Law amendments. Bill 2713-д, a piece of draft legislation which would see changes to the provisions of the national legislation on gambling as well as the Tax Code, was due to be voted upon by Ukrainian representatives …

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Ukraine stakeholders frustrated at Rada’s lack of urgency on final Tax Bill judgement

SBC News Ukraine stakeholders frustrated at Rada’s lack of urgency on final Tax Bill judgement

The Verkhovna Rada final hearing on the Tax Bill of the Ukraine Gambling Law has been delayed until the end of November. The final hearing and judgement on tax amendments were meant to be passed by 10 November, however, Ukraine stakeholders have seen no precedent take place on the matter. Though sanctioned last August, the Rada’s failure to settle on …

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Winter judgements to re-shape Ukraine’s gambling marketplace

SBC News Winter judgements to re-shape Ukraine’s gambling marketplace

A make-or-break end of year beckons for Ukraine’s nascent gambling sector, as the definitive tax framework and technical amendments of the Gambling Law are scrutinised by the Verkhovna Rada.  Though sanctioned last August, the Rada’s failure to settle on the Gambling Law’s tax, licensing and technical arrangements has frustrated domestic incumbents, whilst leaving international operators in limbo with regards to …

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Legalisation of gambling in Ukraine has huge potential, says Andrey Astapov

SBC News Legalisation of gambling in Ukraine has huge potential, says Andrey Astapov

Ukraine’s decade-long ban on gambling ended last year on 14 June when the decision was made by the Verkhovna Rada, the country’s national parliament. Building on this “historical event,” Ukraine’s authorities plan on relaunching a regulated gambling market this year, and both the Rada and cabinet ministers have been working on the implementation of all necessary bylaws. Speaking to CasinoBeats, …

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July to August 2020 in Review: Betting beats the gloom as new horizons emerge

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As betting began to emerge from the difficulties of March and April, the future started to look slightly brighter as the industry began to assess its new options for a post-COVID environment. SBC – Betting emerges from the COVID storm … July saw no respite from politics which continued to dominate gambling’s agenda, as the UK government stalled on its …

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Andrey Astapov, ETERNA LAW: Ukraine faces critical choices as gambling finish line nears

SBC News Andrey Astapov, ETERNA LAW: Ukraine faces critical choices as gambling finish line nears

Following the formal ascension of Bill-2285D by President Volodymyr Zelensky, Ukraine enters a critical four months to finalise its legislative gambling frameworks, as the country seeks to launch its regulated marketplace in 2021, ending a decade of gambling prohibition.  Observing on-the-ground developments, Andrey Astapov, Managing Partner of Kyiv-based law firm ETERNA LAW, writes for SBC News about the critical final …

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Ukraine targets summer initiation for its new gambling law

SBC News Ukraine targets summer initiation for its new gambling law

The CIS office for international law firm Dentons has issued on-the-ground perspectives with regards to the approval of Ukraine’s ‘Gambling Law’ (Bill-2285-D). Tuesday’s industry headlines were dominated by the Verkhovna Rada approving the bill’s second reading 248-to-95, moving to end Ukraine’s 11-year prohibition of all forms of gambling except for lotteries. Observing Rada developments, Dentons CIS has detailed further insights …

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