Tag Archives: ukraine

Parimatch ups global esports appeal with Fnatic partnership

CIS betting group Parimatch has announced its biggest esports partnership to date becoming a global partner of pro esports organisation Fnatic winner of more than 200 championships across 30 different game types in the past decade. The partnership sees Parimatch join Fnatic’s roster of global brands, which includes BMW, Monster Energy, One Plus and AMD Radeon, serving as Fnatic CSGO …

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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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Ukraine Gambling Law demands tough scrutiny on operator origins

International law firm Dentons CIS office has published a further breakdown of all provisions attached to the second reading of the Ukraine Gambling Law. Approved last week by the Verkhovna Rada, the Gambling Law mandate will form the basis for Ukraine adopting a legislative framework regulating gambling services, following 11-years of market prohibition. Upon approval, Dentons CIS stated that if uninterrupted …

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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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FeedConstruct scores data partnership with Ukrainian FA

FeedConstruct has secured a new partnership with the Ukrainian Association of Football which will see the sports data feed provider gain exclusive rights to collect and distribute video streaming and Fast Betting Data from the matches. Under the terms of the partnership, FeedConstruct will cover more than 800 matches from competitions such as the Ukrainian Premier League, Cup, Women’s and …

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Ukraine Rada approves unclear Gambling Law for second readings

Ukraine’s Verkhovna Rada (parliament) Finance Committee has approved Bill-2285D to be forwarded for second readings. Yesterday, Committee member Andrei Motovilovets declared that the Committee ‘unanimously supports the formation of a new market’, and sanctioned second readings for the SoP Party’s ‘Gambling Law’ mandate. The approval sees Rada update its parliamentary schedule to host a dedicated readings session on final provisions …

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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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Parimatch promotes ‘proven talent’ Dmitry Sergeev as CEO of CIS markets

Parimatch Holdings has confirmed the promotion of Dmitry Sergeev to the newly created executive leadership position – CEO of Parimatch CIS Division.  Sergeev, who has led Parimatch’s Russian unit since 2019, will be tasked with leading operations and growth strategy for the ‘Commonwealth of Independent States’ territories, encompassing – Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, …

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Ukraine fast-tracks gambling readings but bill questions remain

Mirroring European counterparts, Ukraine’s Rada (parliament) has had to undertake radical adjustments to counter COVID-19 impacts, affecting its legislative resources and timetable. Facing a backlog of legislative readings, Rada’s situation is further undermined as President Volodymyr Zelensky ordered a sweeping senior cabinet reshuffle in March, having fallen out with influential first minister Oleksiy Honcharuk. Nevertheless, Zelensky’s SoP Party has maintained its …

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