Addressing national media, Ukraine President Volodymyr Zelensky has underlined confidence in delivering comprehensive regulatory frameworks, which will ‘remove gambling’s history from the streets’.

This October, Zelensky’s newly installed ‘Servant-of-the-People’ (SoP) cabinet confirmed that an ‘action plan’ had been drafted but as yet no terms of SoP’s gambling mandate have been disclosed.

Central to the action plan, Zelensky and SoP seek to eliminate illegal slot machines and underground gambling activities, as an overriding decree of a novice government that won Ukraine’s 2019 General Election on a strong anti-corruption stance.

Since 2009, Ukraine has operated under the ‘Prohibition of Gambling Law’ implementing a blanket ban on all forms of gambling except for lottery operators Patriot, MSL and UNL, which SoP had accused of being run as cronyism vehicles.

Addressing media, Zelensky addressed that SoP officials were assessing multiple options for licensing Ukraine’s market and governing its incumbents.

Zelensky has stressed that SoP will deliver gambling laws which support Ukraine’s wider industries and business stakeholders, noting that effective legislation could revive Ukraine leisure industry.

“We have five-star hotels on the market, but they are very small,” he explained. “There is no way to build a casino yet. We need to test how people will fight for these licenses. We want hotels to be built.”

Ukraine’s President has also backed the SoP stance that gambling funds should be attributed to supporting education, healthcare and sports networks.

Source:SBCnews.co

By DOMENICO DRAGONE

iGaming expert - with over 10 years of experience in the retail market in Italy and knowledge of global online gaming. In the past he has worked with the largest national gambling companies and he managed some land-based shops on their behalf. Entrepreneur, investor and enthusiast of difficult challenges, in 2015 he founded The Betting Coach Group, an international news and social marketing agency geared towards sports, esports and gambling companies. He is currently the C.E.O of The Betting Coach and is a consultant for Loginbet.it Mr. Dragone collaborates with providers (game developers) and event organizers with the aim of helping them develop networks and business across continents. Passionate about journalism, he is the creator and promoter of iGaming Cafè, the first talk show in Italy, dedicated to companies and delegates from the gaming world.

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