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UKRAINIAN GAMING BUSINES LEGALIZATION CHRONICLES

Spherical desk discussions with gaming trade consultants held on 18 December 2020, together with with Boris Baum, have been optimistic that the primary gaming license could be issued on or earlier than 31 December 2020. Even although trade consultants thought-about tax circumstances to be a priority for buyers, the Ukrainian parliament — The Verkhovna Rada — didn’t settle for amendments to the tax code. With out such amendments, our spherical desk consultants felt international buyers could also be much less more likely to enter the Ukrainian gaming market.

Along with on-line playing legalization points, there have been query marks by itself and no person actually understood learn how to remedy these questions. In response, the Ukrainian Gaming Fee agreed to recruit consultants to the advisory council from the gaming trade who’ve a deal with delivering extra sensible info and options.

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