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 […]
Updates: New Gambling Regulations in Ukraine
Ukraine’s President endorsed the Conduct of Gambling Games and State Regulation of the Activities Related to the Organization into law on 11 August 2020. Eterna Law’s managing partner Andrey Astapov gives a simple explanation below about what it signifies for the local market and beyond. Legalizing gambling in Ukraine has elicited much discussion among politicians […]
Ukraine hires Executives for the latest Gambling Commission
Ukraine’s Cabinet of Ministers disclosed the leadership team’s names for the latest gambling and lottery commission. After the team members are formally accepted, and the state implements the licensing regulations, the new commission will begin the coming year. State Officials disclose the names of Ukraine’s Executive Team for the Gambling Commission. At the beginning of […]
Gamzix’s new splendid partnership with Ously Games!
Gamzix is almost new as it began in 2020, but in the e-gaming sector, it is a precious addition. The team of experts who boast years of experience has mainly concentrated on presenting top-notch games, and their primary area of expertise is beautiful sounds and graphics. Ously Games has proven to be a very skilled […]
At last, Caesars Entertainment will commence operations at its Las Vegas Casino and Rio Hotel, the final US Caesars property to reopen
The spot will begin operations on 22 December for hotel residency over the weekend, and the gaming floor will reopen each week for seven days. According to the COO, Anthony Carono, ‘The previous nine months have been full of issues and prospects also, such as the partnering of our two gaming firms, creating the latest […]
Ukraine’s Rada Has Sanctioned A Number of ‘Secondary Gambling Laws’
The Verkhovna Rada of Ukraine also known as Rada has sanctioned a number of “Secondary Gambling Laws”. These laws will supplement the Gambling law mandate that was officially approved by it for developing a basis for UGLC, a “Ukraine’s Gambling and Lottery Commission”. Reportedly, the UGLC is the first of its kind that is being […]