UKRAINE

Ukraine: Expert informed when the first gambling license to be issued

According to political scientist Anton Kuchukhidze, Ukraine will issue it first gambling license in March 2021. The law on gambling requires some amendments to create gambling commission responsible for regulating the industry.

According to the most optimistic forecasts, the Regulator could be formed by the end of October 2020. And only after its formation the gambling watchdog begins to develop licensing conditions for future gambling operators. If we follow the optimistic scenario, Ukraine may issue the first licenses by the beginning of March 2021.

According to the law on gambling, State Commission on Gambling will be formed via competition organized by the Cabinet of Ministers. The commission consists of the head and 6 members.

Prices for gambling licenses depend on the type of gambling activity. Here you can find the rates.

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