Eastern Europe

Volodymyr Zelensky Reveals His Plans to Legalise Gambling in Ukraine

Published

5 years ago

August 12, 2019

Niji Narayan

Photo source: themoscowtimes.com

Reading Time: < 1 minute

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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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.