Tag Archives: Ilya Machavariani

Cosmolot licence raises questions over Ukraine Gambling Law

Ukraine gambling stakeholders have been left dumbfounded by the country’s newly established Commission for Regulation of Gambling and Lotteries (CRGL) after it issued its first licence this week.  On Wednesday, CRGL announced that it had awarded its first online gambling licence to Speisiks LLC, the company which operates the Cosmolot brand, which formerly operated in Ukraine under the UNL’s instant lottery …

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SBC Digital Summit CIS: Ukraine warned of high licensing fees

2020 saw Ukraine launch global gambling’s most ambitious regulatory endeavour, aiming to deliver a comprehensive ‘Gambling Law’ framework governing all industry disciplines for land-based and online gambling verticals by 2021.  Speaking on the ‘Welcome to Ukraine’ panel at the ‘SBC Digital Summit CIS’, Boris Baum, Deputy Advisor to the Head of the President’s Office, revealed a first-hand account of the …

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SBC Digital Summit Africa: Duplicating your European offering in Africa simply won’t work

Operators cannot simply copy and paste their European offerings into the African market, explained Sab Jhooti, CEO of Bonmoja at the SBC Digital Summit Africa, adding that operators must understand the niches and intricacies of each individual market. Speaking as part of the ‘Opportunities in East Africa’ panel, Jhooti gave a run down on his key advice for those eyeing …

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Ukraine publishes remit and objective of first Gambling Commission  

Ukraine’s Rada has sanctioned a series of ‘secondary laws’ to accompany its formally approved ‘Gambling Law’ mandate, establishing the foundation of Ukraine’s first-ever ‘Gambling and Lottery Commission’ (UGLC). Closing September proceedings, Rada ministers approved a secondary decree ‘on the formation of a gambling and lottery commission’, which will serve as the state’s legal entity to monitor licensed gambling activities and …

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Ilya Machavariani: Best international practices a priority for CIS region

Best international practices are high on the agenda for the CIS countries looking to legalise sports betting, according to Ilya Machavariani, head of Russian and CIS gambling and gaming practice at Dentons. Speaking as part of the ‘CIS & the Balkans – The next big thing?’ panel on day two of the SBC Summit Barcelona – Digital, Machavariani gave an …

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Ilya Machavariani, Dentons – CIS regional dynamics will come to play prior to gambling take-off

Market developments in the CIS region have shot to the forefront of the industry’s agenda, as an intense July saw Ukraine approve its Gambling Law mandate, the Russian Duma announce an overhaul of sports betting laws and taxes, whilst Uzbekistan forms a counsel for the development of a national lottery.   At the coalface of rapid developments,  Ilya Machavariani, Head …

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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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