Cabinet of Ministers Approves the Bill on Gambling Legalization in Ukraine
The regular meeting of the Cabinet of Ministers of Ukraine took place on the past weekend. It approved the bill legalizing gambling business in Ukraine. It is reported on the government portal – gov.ua.
The bill states that gambling in Ukraine is allowed to organize only in hotels. Besides, games of chance should be provided on equipment with software that corresponds to the international standards.
It is still unknown when MPs will adopt the law. However, experts believe that it can happen either by the end of 2019 or at the beginning of 2020.
Earlier, President of Ukraine Volodymyr Zelenskyy issued a commission to develop a document aimed at legalizing gambling business within the country. Such a task was set during the meeting with representatives of the Verkhovna Rada, the Cabinet of Ministers, and security officials.
On March 11-12, 2020, Kyiv will host Ukrainian Gaming Week allowing gambling industry players to discuss the prospects of the Ukrainian gambling market after its legalization. At the event, you will be able to discover special features of the new legislation, to examine products and services by various companies, as well as to talk to industry leaders.