Mixed feelings towards legalised Ukrainian gambling market
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Ukrainian Gambling Council Chairman Anton Kuchukidze says the country's legalisation of gambling has been a success. In the year since the sector was legalised, the Ukraine Government has issued 40 licences. President Volodymyr Zelenskyy believes the industry could bring in €160m ($187m) per year.
In the year since the legalisation of gambling in Ukraine, the government has issued 40 licences. President Volodymyr Zelenskyy believes the industry could bring in €160m per year. However, there are still concerns about illegal gambling halls and high taxes. Sergey Potapov, CEO of Cosmolot, claims new companies are reluctant to enter the market due to high tax. He thinks the new law will change the current system. The law is currently being discussed. A member of the Gambling and Lottery Regulatory Commission was arrested on suspicion of taking a bribe to grant a gambling licence.
