UKRAINE

The law on gambling comes into force in Ukraine today

The official publication of the Ukrainian parliament has published the text of the law on gambling signed by the President earlier this week. Thus, the gambling industry in officially legal in Ukraine.

However, the market will not be launched until the norms on equipment certification and online monitoring system are set. Earlier, MPs predicted that it would take from six months to a year for casinos to start operation. Thus, the gambling business can be fully operational only by next summer.

It is also worth mentioning that one of the political parties has informed about the plans to challenge the law in Constitutional Court. The party is headed by Yulia Tymoshenko, who was Ukraine’s Prime Misister in 2009 when the industry was banned.

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