
Ukraine to dissolve gambling regulator, create new agency to oversee industry
A new state agency, PlayCity, will aim to digitize gambling business licensing and strengthen oversight of the industry.
A new state agency, PlayCity, will aim to digitize gambling business licensing and strengthen oversight of the industry.
Ukraine’s State Bureau of Investigation (SBI) has detained the director of popular online casino Pin-Up over its alleged Russian ownership and business in Russia, the agency announced in a press release on Feb. 14.
The beneficial owners and top managers of one of the most popular online casinos in Ukraine, Pin-Up, are suspected of collaborating with Russia, the State Bureau of Investigation and the Prosecutor General's Office announced on Dec. 5.
Law enforcement officers are investigating over 450 criminal offenses related to the illegal organization of gambling as of mid-May, the Prosecutor General's Office said.
More than 2,500 gambling websites that had operated without a license were blocked in Ukraine as of April 27, the Prosecutor General's Office reported.
Ukraine's parliament, the Verkhovna Rada, backed in the first reading on April 24 a bill strengthening the state's oversight over the gambling business, lawmaker Oleksii Honcharenko said.
President Volodymyr Zelensky signed on April 20 a decree on counteracting the negative effects of online gambling, which proposes to ban it for the military until the end of martial law.
The following is the April 9, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. French billionaire Xavier Niel’s investment company NJJ Capital announced that it would be acquiring and merging two
The Parliamentary Finance Committee supported measures that would impose stricter oversight of the gambling industry in Ukraine, lawmaker Yaroslav Zhelezniak said on April 4.
President Volodymyr Zelensky said in his evening address on April 2 that the government is preparing to tighten control over the online gambling industry "and help protect the interests of the society."
President Volodymyr Zelensky tasked Ukrainian authorities to propose a solution to online gambling after a petition demanding restrictions on their operation passes the threshold for presidential consideration in a few hours on March 29.