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Industry
June 7, 2024
Ukraine Continues to Block Illegal Gambling Websites
The second-largest European country, Ukraine, continues the fight against illegal online gambling. In an unprecedented act of war, the country was attacked by Russia more than two years ago. However, this did not stop Ukraine from tracking and combatting illegal online gambling. In the latest chapter of the fight against the online gambling black market, […]
Casino
June 5, 2024
Ukraine Dismisses Claims of Zelensky Casino Purchase as Russian Propaganda
The Embassy of Ukraine in the Republic of Cyprus has strongly refuted allegations that Ukrainian President Volodymyr Zelensky had acquired a casino in Kyrenia. In an official statement, the embassy characterized these reports as “another lie” intended to discredit Ukraine and its leadership and to create diplomatic friction between Kyiv and Nicosia. Ukraine Blamed Russian […]
Industry
May 28, 2024
Ukraine Issues Ban on Gambling Advertising Amid Harm Concerns
Ukraine’s government has opted to ban all gambling advertising in the country. The changes are outlined in resolution No. 583 and come amid an intense crackdown on the gambling industry. The resolution was adopted by the Cabinet of Ministers and aligns with the ongoing efforts to mitigate the negative impact of online gambling on the […]
Casino
April 30, 2024
Ukraine Goes after Illegal Gambling Operators Tied to Russia
Ukraine is on the offensive once again with the Ukrainian Prosecutor’s General Office launching a new investigation into online gambling platforms that have been operating illegally and are tied to Russia. At the onset of the 2022 war, which Russia declared on its neighbor, Ukraine sought to stem the tide of cash outflow that could […]
Industry
April 22, 2024
Ukrainian Soldiers Barred from Gambling amid New Regulations
In a bid to address mounting concerns over gambling addiction among military personnel, Ukrainian President Volodymyr Zelenskyy has approved a series of measures aimed at enhancing user safety within the country’s gambling industry. Under the new regulations, Ukrainian soldiers are prohibited from participating in any form of gambling, both in land-based establishments and online, for […]
Industry
April 10, 2024
Ukrainian Gambling Regulator Approves over 150 New Licenses
The Commission for the Regulation of Gambling and Lotteries in Ukraine (KRAIL) has been bustling with activity, processing a staggering 194 license applications during the first quarter of 2024. This surge in licensing activity comes at a time when discussions are underway regarding the potential restriction of military personnel’s access to online gambling in the […]
Industry
April 8, 2024
Ukraine: iGaming Operators Post Significant Increase in Revenues
In 2022, the same year when Russia invaded Ukraine in an unprecedented act of war, online casinos and betting operators in Ukraine reported UAH 1.94 billion ($50 million) in total revenue. A year later, their revenue skyrocketed more than 28 times, hitting nearly UAH 55 billion ($1.4 billion). Data released by the country’s service for […]
Industry
April 3, 2024
Ukraine Considers New Restrictions for Online Gambling
On February 24, 2022, Russia invaded Ukraine in what can only be described as an unprecedented act of war. This invasion became the largest attack on a sovereign European country ever since World War II. The war resulted in the displacement of millions of Ukrainians and the death of civilians and military personnel. While the […]
Poker
March 7, 2024
VBET Inks Deal with Ukrainian Sport Poker Federation for Poker Series
After expanding its presence on Ukrainian soil with a partnership inked with the country’s Ice Hockey Federation that turned it into the national ice hockey team’s title sponsor in 2021, and inking an assortment of similar agreements with the Ukrainian Association of Football for the VBET Cup, the Ukrainian Premier League for VBET LIGA, and the National […]
Industry
March 4, 2024
Ukraine’s Gambling Industry Pays $47.2M in Taxes in February
Ukraine’s Ministry of Finance has published its tax report for February, highlighting a significant increase in the gambling industry’s contributions. Despite the ongoing war with Russia, the tax revenues suggest that the gaming sector is still going strong. According to the ministry, businesses and organizations in the country paid a total of UAH 184.8 billion […]