Ukrainian President Volodymyr Zelensky has made a statement on the possible restoration of the gambling business in the country. The state budget missed billions of hryvnias since the ban of gambling business in Ukraine.

According to the statements of Zelensky, only a general outline of future gambling liberalisation can be formed. The statement was somewhat confusing. At first, Zelensky announced that gambling facilities would be located in five-star hotels, then added that the location would be limited to the southern gaming zone in Odesa. Considering that the state is now a smartphone, it seems that the president received a message about the legalisation of gambling from one device, but two different people typed in text.

On the eve of the election, some pro-government influence groups implemented several “approaches” to monopolise the legal lottery business. According to the experts, the legalisation of the gambling business in Ukraine can additionally bring up to 10 billion UAH (400 million USD) per year to the treasury.

Ukrainian President Volodymyr Zelensky has declared his intention to re-legalise gambling, in particular, to allow casinos in five-star hotels. He has promised to legalise the operations of casinos while attending the Ukrainian-Turkish business forum in Turkey.

“We will legalize gambling, namely, the operation of casinos in five-star hotels, which will stimulate the development of the region’s tourism cluster near the Black Sea. We also want to grow together here. Therefore, we want to see Turkish businesses as our partners rather than competitors,” Volodymyr Zelensky said.

All kinds of gambling activities were made illegal in Ukraine after the fire in a gambling hall killed nine people in 2009. In 2016, the Cabinet of Ministers of Ukraine submitted to the Verkhovna Rada bill No. 4663 on the legalisation of gambling and a system of control over the organisation of casinos, betting and lotteries.

It is expected that the budget of Ukraine may receive an additional revenue of about UAH 10 billion (US$394.32 million) in case of gambling legalisation.

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