Eastern Europe
Ukraine Eases Up Licensing Costs for Gambling Operators

Ukraine is going to review a new law that will reduce licensing costs for operators willing to launch in the re-regulated gambling market in the country. As per the new bill, Ukraine would no longer expect from license holders to pay triple fees in the absence of a monitoring system which is still being delivered.
Moving forward, license holders could only have to satisfy much smaller licensing fees, depending on the vertical they wish to operate in. Sports betting firms would have to pay an estimated $1 million to cover licensing fees, from previously over $3 million.
Interactive casino license-holders would pay $250,000 per license as opposed to close to $800,000 under the original proposal, should the new bill pass.
In the absence of a monitoring system, however, license holders would be obliged to carry out an audit and submit it to the Ukrainian tax authorities once the system is rolled out officially to catch up authorities to key metrics that the system is designed to track in the first place.
-
Affiliate Industry5 days ago
Affiliates are the key to unlocking operator success in Africa
-
Asia5 days ago
Asian Poker Tour Announces Cancellation of APT Manila 2025
-
Asia5 days ago
Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner
-
Compliance Updates5 days ago
EPIC Global Solutions highlighted as a key element in PrizePicks’ iCAP Accreditation
-
eSports5 days ago
TEAM VITALITY WINS BLAST OPEN SPRING 2025 AND EXTENDS WIN STREAK TO 16 MATCHES
-
Africa4 days ago
Springbok Casino is Offering 25 Free Spins in Honour of South Africa’s Top 5 Wild Egg Hunters
-
Asia4 days ago
Asia Pioneer Entertainment Holdings Limited Announces FY2024 Annual Results: Returns to Profitability with Strong Revenue Growth
-
Central Europe5 days ago
Digitain Partners with Gamingtec to Expand Presence in Europe