Ukraine casino bill passes first reading

0
Legea cazinourilor Ukraine casino bill

Ukraine casino bill, a bill that would allow casinos and online gambling has passed its first reading – a monumental step for the eastern European country.

The legislation would permit regulated gambling in certain hotels and online. The bill, if it becomes law, would authorise land-based casinos, online gambling, sports betting and lotteries. Only five-star hotels would be permitted to incorporate gaming spaces into their facilities.

Ukraine casino bill states that for hotels with 200 to 250 rooms, bidding for a casino permit would start at US$1.72m. For resorts with 251 or more rooms, the licence minimum would elevate to nearly $2.6m. Conducting online casino operations is set to start at $280,000.

Ukraine’s casino and online gambling bill would create as many as 20 hotel casinos and 10 licensed online platforms. The gambling age would be set at 21 and a special government agency would be established to monitor the casinos.

You can read about the laws of gambling in Ukraine HERE.

At this year’s edition of the Central European Gambling Summit, which will be held in Bucharest on March 10-11, the status of Ukrainian gambling law will be presented and debated within the Regional Legal Environment panel.

Those interested in participating can register NOW by filling out the Registration Form below and thus can save 30% of the participation fee.
Registration-Form-CEGS 20