The Ukrainian Gambling Council (UGC) has reached out to Google in the hopes it will stop blocking all advertising of licensed gambling organisers in the country. In explaining its reasoning, the regulator emphasised that this does not comply with the current legislation, leads to losses for both business and the state budget of Ukraine and helps illegal operators to enrich …
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CIS gambling expert, Viktoriya Zakrevskay, Founding Member and Deputy Chair of the Ukrainian Gambling Council (UGC) shares her insights from the SBC Summit Tbilisi, as regional stakeholders still view Ukraine’s market ambitions positively. The recent symposiums held at the SBC Forum Tbilisi, sparked an illuminating discussions centered on Ukraine’s burgeoning gambling industry. Nestled on the border between Eastern Europe and Central …
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The Ukraine Gambling Council (UGC) has stood by national gambling and lotteries regulator KRAIL, whose authority has been attacked by MPs and the media. Last week, Mikhail Fedorov, Ukraine’s Minister of Digital Transformation, submitted a request to the Verkhovna Rada calling on MPs to support “the liquidation of KRAIL”, stating that the agency had failed in its duties to protect …
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Anton Kuchukhidze, Chairman of the Ukraine Gambling Council (UGC) provides SBC with an update on how a liberalised gambling industry is planning for its future amid the unknown outcomes and consequences of a brutal war… The war launched by Russia against Ukraine has caused grave damage to the national economy. Commercial activity has declined significantly or minimized in all sectors. …
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Anton Kuchukhidze, Chairman of the Ukraine Gambling Council (UGC) has provided an update on Ukrainian gambling developments under the active Russian aggression. Speaking to CIS markets news sources SBCCIS, Kuchukhidze disclosed that regulator the UGC had re-established its regulatory duties five months following Russia’s illegal invasion of Ukraine. UGC oversees a marketplace that has been severely disrupted by the …
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As the UK gears up for regulation and legislation of its igaming industry, major players in the digital payment and processing sector have voluntarily agreed to block future transactions to non UK- complying igaming regulations. Credit cards and online payment processors such as Visa, Switch, Mastercard and PayPal Ebay, are set to block payment attempts to igaming operators not licensed …
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