News
Sportsbook features its own special terms that have been formed over many years. To figure out the specific nature of sports betting, let’s examine the main notions. Arbitrage (arbitrage betting) – a special betting strategy when players will make a profit for sure. It means wagering on the opposite outcome of a match and benefiting anyway. American odds – an indicator of the potential betting income; it is aimed at winning 100 and designated by signs “+” or “-”. Pluses...
On September 2, 2019, President of Ukraine Volodymyr Zelenskyy issued a commission to develop a bill on gambling business legalization. On September 29, the Cabinet of Ministers passed the corresponding bill. These events caused extensive talks and opinions in society regarding the further development of the gambling sector as well as the potential business possibilities after the gambling market legalization. Therefore, we would like to introduce four new topics to be examined at Ukrainian Gaming Week 2020. They will be...
Slot machine developers frequently acquire special licenses in order to create products based on well-known series and popular TV shows. Such a strategy attracts the audience’s attention and allures many clients. What themes are used to launch new games, and what shows are they based on? Who Wants to Be a Millionaire? This slot machine by Big Time Gaming was introduced to users previous year, becoming one of the developer’s top novelties. The game relies on a famous TV show...
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...
According to data of the German company GIZ, the Ukrainian gambling market was worth €967 million in 2008 and tended towards further growth. The ban of the gambling activity halted this process but legalization in 2019 opens up new prospects for Ukraine. What may they be? Ukrainian gambling market after the ban Until 2009, Ukraine had not drafted full-fledged laws that would regulate gambling field in the country. Officially, only statutes and regulations (tax, license, patent) had influence on gambling....
