Ukraine receives another payment of 768k EUR for onlice casino license

Limon LLC has paid UAH 23.4 million to the budget of Ukraine for a license for an online casino. The information was confirmed by the Ukraine’s Commission for the Regulation of Gambling and Lotteries (KRAIL).

Earlier, this company received a license for the online casino brand Champion Casino. This is already the 12th online gambling license which has been issued by the KRAIL so far. The list of legal online casinos in Ukraine includes: Cosmolot, Slots City, PariMatch, Fir?st!!, Vulkan Casino, Favbet, Pin-up, Slotoking, Gold Cup, Joker and Vbet.

It is worth noting that a total of 32 licenses have already been issued in Ukraine for various gambling companies: 12 of them are online casinos licences, 10 – slot machines, six – land-based casinos, three – online poker platforms and so far only one license issued to bookmakers.

According to Boris Baum, the head of KRAIL’s advisory board Ukraine has collected 1,2 billion UAH from gambling fees and taxes. In addition to licence costs and taxes from the gaming sector, the authorities also expect to receive billions of hryvnia from related areas, including the hotel and restaurant business.

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