Tag Archives: 4H Agency

A new government takes charge of implementing much-needed reforms to North Macedonia’s Gambling Act. Regulatory proceedings will have to accommodate the complexities of North Macedonia’s societal and ethnic make-up and its relationship with Balkan neighbours. Examining the political dynamics and fault lines of a young North Macedonia reshaping its gambling regime, Ivan Kurochkin, Partner and Head of the Eastern Europe …

Armenia continues to modify its gambling regime, as Parliament has approved a package of new amendments to rectify existing laws related to gambling. Approved on Wednesday, 12 June, legislative changes will introduce new tax charges on ‘gambling winnings’, categorised as “large win” and “regular win” for customers. A “large win” is defined as any single win exceeding 5 million drams …

The Republic of Uzbekistan has issued a decree to launch a new gambling regime in 2025, ending the 17-year prohibition of all forms of gambling in the Central Asian nation. Signed by President Shavkat Mirziyoyev, the government of Uzbekistan will adopt new measures to improve the “regulation of the organization, and conduct of lotteries and risk-based games.” From 1 January …

The government of Kazakhstan has authorised amendments to the Tax Code that will require all licensed gambling operators to report on the wagering activities and profiles of Kazakh citizens.   A mandate that was approved by the Mazhilis (Parliament) in November has been imposed as of 12 February 2024, and will require Kazakh gambling operators to submit direct customer reports to …

In a new series for SBC audiences, global gambling advisory 4H Agency provides an in-depth breakdown of current dynamics and regulatory factors impacting the make-up of gambling in individual CIS nations.  The series begins with an analysis of Central Asian neighbours Kazakhstan & Uzbekistan’s contrasting approaches to regulating nascent gambling sectors… This article will provide an overview of the status …

Beginning a new feature series for SBC, Brand Ambassador Ilya Machavariani Senior Partner and CEO at 4H Agency examines the technical challenges and conflicts that operators face in 2022 and beyond.  Feature-1 sees Machavariani interview US markets compliance expert,  Frank, the CEO of Odds on Compliance and former VP of Legal Affairs for The Stars Group.  Providing his firsthand knowledge …

The Verkhovna Rada has missed its final opportunity to vote on the tax framework required to complete the outstanding technical arrangements of Ukraine’s Gambling Law. Closing its hearings on Friday 17 December, the Rada held no vote on Bill 2713 – a proposal backed by Ukraine’s Committee on Finance that finalises the tax framework of the Gambling Law. The vote …

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 …

Russia’s state Duma has undertaken the first readings of bill (No. 1133991-7), which seeks to amend and strengthen federal laws on combating ‘illegal remote gambling operators’.  The bill aims to establish a ‘definitive criteria’ for Russian agencies to determine and prosecute remote gambling businesses deemed to be offering illegal services within ‘the territory of the Russian Federation or elsewhere’. The …

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 …