The much anticipated regulated Ukrainian gambling market looks set to launch in December. 

Recently appointed head of the Ukrainian Gambling and Lottery Commission, Ivan Rudyi, has confirmed that the country’s legal gambling industry is expected to go live next month, and that the commission is currently working on legislation to set tax rates for the various types of gambling.

Furthermore, Rudyi said the government is expecting to raise around UAH 1 billion (approx. €30M) through the sale of licenses and legal gambling in the first year. 

The commission is now forming its charter and recruiting to fill some 230 positions, and is intending to hold meetings with potential licensees soon.

AYO.NEWS says:

Unlike some markets, cough cough “the Netherlands,” Ukrainian authorities certainly haven’t wasted any time in getting things sorted – maybe it was a good idea to appoint a former military commander the head of the new regulator! 

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