Tag Archives: Volodymyr Zelensky

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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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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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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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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Ukraine Rada to review unclear tax frameworks

Four draft laws have been presented to Ukraine’s Verkhovna Rada (Parliament), which has set about establishing a new federal tax framework for gambling services. Nevertheless, industry observers appear unimpressed with the draft provisions to modify Ukraine’s tax code, in support of this month’s redrafted and approved Bill 2285-D, which will lay the foundations of ‘Ukraine’s Gambling Law’. The ‘main tax …

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Rada approves SoP’s redrafted bill but heavy licensing fees remain on Ukraine’s gambling agenda

Following two day-long sessions of assessment, Ukraine’s Verkhovna Rada completes its review of the eight draft bills propositioning the nation’s new gambling framework. A vote carried on Thursday 16 December saw 260 MPs back the amendments of Bill 2285-D following its second Rada reading. Bill 2285 was the original draft law favoured by the ruling ‘Servant of the People’ (SoP) …

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Draft divergence sees little consensus on Ukraine gambling

Further Ukraine gambling developments have seen seven draft regulatory proposals submitted to Rada (Ukraine’s Parliamentary council), presenting alternatives to the ‘law on legislating gambling services’ – published by the governing Servant of the People (SOP) party this November. Of the seven, only five have been made available to the public, sharing commonalities and divergences on developing an effective regulatory framework …

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Paddy Power – Trump hits shortest impeachment odds yet remains 2020 frontrunner

Paddy Power Politics has shortened President Donald Trump’s impeachment odds following an explosive first day of testimonies related to ‘Ukraine transcripts’, in which the President is charged with seeking dirt on political rival Joe Biden. Yesterday, US media was gripped as the House of Representatives questioned acting US Ambassador to Ukraine William Taylor and State Department official George Kent on Trump’s exchanges …

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Licensing fees weigh heavy on Ukraine’s gambling reforms

Ukraine’s First Minister Oleksiy Honcharuk has sanctioned the release of the Servant of the People (SoP) party’s ‘draft law on legislating gambling services’, which aims to retire Ukraine’s 10-year ‘Prohibition of Gambling law’ mandate. Published three-weeks later than originally anticipated, SoP ministers blamed the delay on vested parties trying to influence the development of legislation. SoP’s draft frameworks will seek to …

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