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Ukraine – New gaming law under consideration

By - 11 February 2015

According to meetings held at the ICE show in London with representatives of the Ukrainian gaming industry, the country’s government is considering the opening of the gaming market in Ukraine with the creation of a new Gaming Act. The new law is said to be in its embryonic stages at present with no details as yet formalised, but discussions are taking place and it appears that there is political will to demolish the country’s five-years old gambling ban, which was imposed in May 2009. One aspect that has been repeatedly mentioned and is sure to form a major component of the new law will be the regulation of the online gaming sector in Ukraine. While there are undoubtedly major issues for the Ukraine government to be dealing with at present, one of the major influences in the reinstatement of gambling in Ukraine is the need to refill the state coffers.

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