Tag Archives: Ukraine Gambling Council (UGC)

The Ukraine Gambling Council (UGC) has thrown its hat into the ring regarding the recent sanctions imposed on betting companies by the Ukrainian government, particularly regarding Parimatch LLC. Sharing a statement via the trade association’s LinkedIn, UGC Chair Anton Kuchukhidze stated that sanctioning of illegal firms has a positive purpose for the ‘white market’, and that countering ‘ruscists’ brands’ was an …

Ukraine’s Gambling and Lotteries Regulatory Commission (KRAIL) has cancelled the licences of three operators, following security and law enforcement investigations. The regulator stated that the Security Service of Ukraine (SBU) and the National Police in Kyiv had concluded the firms had not submitted sufficient evidence that they were acting in Russian interests.  Play Fan Investment – which held both sportsbook …

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. …