SiGMA’s Denis Dzyubenko to assist in managing the Gambling Industry in Ukraine

Denis Dzyubenko to attend Ukraine Gambling Commission’s Advisory Council. Ukraine is swiftly heading to a completely regulated gambling sector. SiGMA Group’s role in this will be necessary, after Denis Dzyubenko, SiGMA’s CIS Director’s appointment, as a division of the Expert Advisory Council, a section of the Ukrainian Gambling and Lotteries Commission. Ukraine is about to […]

Ukrainian Gambling Regulator Head to open 2021 UGW Conference

The 2021 Ukrainian Gaming week will take place between 24 and 25 February 2021. Smile-Expo organized the event, which will be the first one after the legalization of the market. In October 2020, Rudy was assigned as Head of the commission. Ukraine’s Commission for Regulation of Gambling and Lotteries Chairman, Ivan Rudy, will give the […]

The U.K. will evaluate Advertising and Online Bets Gambling Regulations

The U.K. has revealed plans to carry out a ‘comprehensive’ assessment of gambling regulations. It could lead to investigations of online bets and advertising. On Tuesday, a statement from the Department for Digital, Culture, Media, and Sport indicated that Ministers would assess regulations for Internet stakes and advertisement and additional safeguards for the youth and […]

How does Europe regulate online gambling throughout Europe?

Study: Regulation is still a major political topic, which why different states deal with the issue in different ways. In the EU, online gambling shows growth prospects, and it is estimated that the gross revenue in 2020 is €24.7bn. Because of this magnitude that signifies 21% of the entire gambling in all member states, it […]

Minister says that in 2020 Ukraine’s economy will decrease by 5%

On Monday, Ihor Petrashko stated that in 2020, the economy in Ukraine  may decrease by 5%. It is a bit more compared to the beginning of the year’s contraction forecast of 4.8%. In October, many areas of the economic activity indicated improvement, and in 2021, the economy will bounce back by 4.6%, he informed members […]

Reasons for the development of Europe’s Market for Online Gambling

Because of the wide range of limitations on physical attendance and social gathering in most physical businesses, the worldwide gambling markets and online gaming have multiplied in 2020. Gambling has increasingly become an online past-time, and there are expectations that markets like the EU will develop to around 10% each year and  by 2022, rise […]

Ukraine Reduces Licensing Charges for Gambling Operators

There has been a new proposal about the gambling bill, which will assist bidders in Ukraine to pay less tax. At the same time, a monitoring mechanism will be implemented. New Bill will enable operators to avoid heavy fees. Ukraine is to analyze a new regulation, which will decrease upkeep and licensing expenses for operators […]

BetInvest: A legal perspective of the ‘grey’ betting sector in Ukraine

Ukraine decided to repeal the 11-year restriction it imposed on gambling activity after numerous successful illustrations, that indicated that a controlled betting sector could be integrated into a national economy. Following months of failures and legislative theatrics, President Volodymyr Zelensky decided to allow a controlled betting and gaming market.  So, what are the benefits of […]

Has there been a rise in online casino demand?

Because of the prevalence of the Covid-19 pandemic, most operators have are now presenting their offers online using suitable access devices. What was the response of online casino business unit representatives to this query? What challenges did the sector experience regarding quarantine? How were users affected, or does the jurisdiction determine this? Our article below […]