Tag Archives: Rada

Winter judgements to re-shape Ukraine’s gambling marketplace

A make-or-break end of year beckons for Ukraine’s nascent gambling sector, as the definitive tax framework and technical amendments of the Gambling Law are scrutinised by the Verkhovna Rada.  Though sanctioned last August, the Rada’s failure to settle on the Gambling Law’s tax, licensing and technical arrangements has frustrated domestic incumbents, whilst leaving international operators in limbo with regards to …

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Rada opens passage for a simplified Ukraine gambling tax code

Ukraine stakeholders have cited progress on the deliberation of the gambling tax framework required to finalise the market terms of the federally approved Ukraine Gambling Law. Yesterday, the Verkhovna Rada (federal parliament) approved the first reading of amendments made to the Gambling Law’s ‘tax code’. Alongside outstanding technical certifications, the Rada is yet to settle on the final tax framework …

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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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Martin Lycka – Santa’s correspondence with Gambling…

In the latest of a series of columns on international gambling legislation, Entain Group’s recently promoted Senior Vice President of US Regulatory Affairs & Responsible Gambling Martin Lycka shares another letter to Santa… The other day, a letter came through our letterbox which was stamped ‘North Pole’. Within the gilded envelope made of silky smooth paper, was this message: “Dear …

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Ukraine appoints former special forces general Ivan Rudyi to lead UGLC 

The government of Ukraine has formally announced the appointment of Ivan Rudyi as first Director-General of the Ukrainian Gambling and Lottery Commission (UGLC).  The appointment of Rudyi as the UGLC’s founding director-general was confirmed last Friday following the publication of a telegram issued by Oleg Nemchinov, leader of Ukraine’s Council of Ministers.  A high-profile figure, Rudyi is a former general …

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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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Andrey Astapov, ETERNA LAW: Ukraine faces critical choices as gambling finish line nears

Following the formal ascension of Bill-2285D by President Volodymyr Zelensky, Ukraine enters a critical four months to finalise its legislative gambling frameworks, as the country seeks to launch its regulated marketplace in 2021, ending a decade of gambling prohibition.  Observing on-the-ground developments, Andrey Astapov, Managing Partner of Kyiv-based law firm ETERNA LAW, writes for SBC News about the critical final …

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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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Rada approves Ukraine gambling bill with no taxation policy 

Voting 248-to-95, Ukraine’s Verkhovna Rada (parliament) has approved the mandate of ‘Bill-2285D – Gambling Law’, passing the legislation to ‘form a new market for regulated gambling’.  The approval will allow Ukraine’s government to repeal its existing ‘Prohibition of Gambling Law’, which has held a blanket ban on all forms of gambling except state-run lotteries since 2009. The overhaul of Ukraine’s …

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Half measures threaten Ukraine Gambling Law being ‘dead on arrival’

Major developments in Ukraine have seen the Rada (parliament) committee fast track final readings of ‘Bill-2285D – Gambling Law’ to be commenced this week (18 May). MPs will be given the final chance to debate amendments of the governing SoP Party’s bill which will reestablish Ukraine’s federal gambling framework. Despite its fast track, observers remain unconvinced on a number of …

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