Renewal of Casino Operation in Peru and England, Unblocking of Draft Law 2285-d, and Other Gambling News
Adopted at second reading, the draft law on gambling regulation in Ukraine has been unblocked and is waiting for signature of the parliamentary Speaker and the President. In August, casinos will resume operation in Peru and England. Kazakh gambling market grew more than twofold in the first quarter of this year. And the share of online gambling in the total global revenue of the gambling industry will grow by up to 17.4% in 2020.
Read more about these and other news of the gambling industry in our digest.
Draft law 2285-d unblocked
On Tuesday, July 21, all three bills about the reversal of law 2285-d were not supported at the intersessional meeting of the Verkhovna Rada of Ukraine. None of them collected more than 80 positive votes. Now the draft law on gambling legalization can be signed by the Speaker of the Verkhovna Rada of Ukraine and the President. Let us recall that the law will come into effect the next day after publication.
Gambling market grew twofold in Kazakhstan
The research conducted by Ranking.kz shows that the volume of gambling services grew twofold (207.2%) in Kazakhstan in the first quarter of 2020 (January-March). It amounted to more than 6.8 billion tenge, while in the same period of 2019 – 3.1 billion tenge.
Almaty Region leads the pack with 4 billion tenge, Nur-Sultan city holds the second place with 1.1 billion tenge, and the third place belongs to Akmola Region with 802.3 million tenge.
Online gambling will account for more than 17% of the overall gambling market
According to the data of H2 Gambling Capital, online gambling will account for 17.4% of the total global gambling revenue in 2020. This year, the global gross gambling revenue is expected to reach $358 billion, which is 24.4% less than the GGR forecasted before the start of the pandemic and 20.8% lower than in 2019.
Experts state that the share of online gambling will keep growing and will soon reach 18%. In their opinion, the figure will grow up to 20% by 2025, which will make $108 billion.
Opening of gambling facilities in Peru and England
The President of the National Chamber of Tourism in Peru (Canatur) Carlos Canales confirmed that the fourth stage of the ease of quarantine restrictions would include the launch of casinos, betting houses, and slot machine halls. The fourth stage will start in August 2020.
On orders of the Prime Minister of the UK Boris Johnson, casinos will resume operation in England on August 1. Bingo halls were opened in the country earlier. Besides, it is worth mentioning that there is no information regarding the dates of reopening of gambling facilities in Scotland and Wales.
A jackpot of €49.5 million was hit in Ireland
A huge jackpot of €49.5 million was hit in Ireland. This jackpot is the sixteenth in the country’s history win since 2004 and the sixth by its size. At the time when the winning ticket was announced, its holder did not claim his rights.
Keep updated on the latest events of the gambling industry in Ukraine and throughout the world – follow the materials in our news section.