The process of legalizing betting and gambling in Ukraine is well advanced. The government of Ukraine has completed another, second round of the selection process to appoint four new members of the Ukrainian Gambling and Lottery Commission, who will be selected through a competition.
As the Supreme Court finally rendered a decision allowing for legal sports wagering throughout the United States on Monday, an increasing number of states have plans to capitalize on the economic growth and tax revenue that legal gambling can bring.
The U.S. Supreme Court court, in a 6-3 ruling, struck down today a federal law that required states to ban gambling on the outcome of sporting events. The Professional and Amateur Sports Protection Act was highly unusual: it did not ban sports gambling nationwide as a matter of federal law, but it said the states […]
So far Ukraine has not provided any legislation for cryptocurrencies, however some local experts say it may happen by autumn. There are already several draft laws to regulate the industry, but most of them still need to be revised. These days there is both legal and illegal crypto currencies market in Ukraine. Here are some […]
Deputies of the Zaporizhzhya City Council agreed to appeal to the President of Ukraine Petro Poroshenko, the Verkhovna Rada, the Prosecutor General Yury Lutsenko and the Minister of the Interior Arsen Avakov with a request to amend the law on the prohibition of gambling business.
Ukrainian officials returned to the idea of reactivating gambling, almost 10 years after it was banned in 2009. As is it knows, the legalization of the gambling business in Ukraine was spelled out in a memorandum with The International Monetary Fund (IMF) earlier this year.