{"id":39105,"date":"2019-08-29T07:32:20","date_gmt":"2019-08-29T07:32:20","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=39105"},"modified":"2019-08-29T07:32:20","modified_gmt":"2019-08-29T07:32:20","slug":"gambling-reform-presents-numerous-obstacles-for-ukraine-pm","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/gambling-reform-presents-numerous-obstacles-for-ukraine-pm\/","title":{"rendered":"Gambling reform presents numerous obstacles for Ukraine PM"},"content":{"rendered":"<p style=\"text-align: left;\"><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-22892\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/vegas_gambling.jpg\" alt=\"\" width=\"590\" height=\"392\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/vegas_gambling.jpg 590w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/vegas_gambling-300x199.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/vegas_gambling-250x166.jpg 250w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/vegas_gambling-405x269.jpg 405w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2013\/09\/vegas_gambling-60x40.jpg 60w\" sizes=\"auto, (max-width: 590px) 100vw, 590px\" \/>Gambling industry stakeholders inside of Ukraine, are watching the new PM very closely, as he is said to be considering overturning its currently prohibitive gambling code. <\/span><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"background: white; margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">Since 2009, Ukraine has operated under the \u2018<i>Prohibition of Gambling Law\u2019<\/i>\u00a0mandate first sanctioned by the\u00a0Viktor Yushchenko\u00a0administration, which has seen all forms of gambling (expect lotteries) \u2013 be it land-based or digital \u2013 banned by Ukrainian authorities.<\/span><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">However, whilst his victory was one of the biggest political upsets of 2019, it is still to be seen how easy or hard it will now be for him to govern one of Eastern Europe\u2019s most geo-complex country.<\/span><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">\u00a0<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">Despite the prohibition, Ukraine\u2019s gambling frameworks remain conflicted as the nation\u2019s lottery contracts are serviced by monopoly incumbents\u00a0<strong><span style=\"margin: 0px; padding: 0cm; border: 1pt windowtext; font-family: 'Calibri Light',sans-serif;\">Patriot<\/span><\/strong>,<b>\u00a0<strong><span style=\"margin: 0px; padding: 0cm; border: 1pt windowtext; font-family: 'Calibri Light',sans-serif;\">MSL<\/span><\/strong><\/b>\u00a0and\u00a0<strong><span style=\"margin: 0px; padding: 0cm; border: 1pt windowtext; font-family: 'Calibri Light',sans-serif;\">UNL<\/span><\/strong>, at least one of these enterprises closely aligned with former President\u00a0<strong><span style=\"margin: 0px; padding: 0cm; border: 1pt windowtext; font-family: 'Calibri Light',sans-serif;\">Petro Poroshenko<\/span><\/strong>\u2019s<b> <\/b>administration.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">Stakeholders seeking a liberalised market have criticised the lottery operators of forming yet another Ukrainian monopoly governed by cronyism, in which contracts are subleased to partners incapable of collecting taxes, developing social benefits or adding any form of economic value.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"margin: 0px; color: black; font-family: 'Calibri Light',sans-serif;\">Having taken office, Zelensky maintains that SoP is open to reforming gambling laws, as long as directives can be served that are aligned to aiding Ukraine\u2019s modernisation projects and creating fairer business conditions.<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"margin: 0px; font-family: 'Calibri Light',sans-serif;\"><span style=\"color: #000000;\">Yet, Zelensky has been swift in taking action to develop his gambling agenda and has instructed delegates from the SoP to work closely with industry stakeholders. The aim is for a new draft bill to be delivered to parliament within the next few months.<\/span><\/span><span style=\"margin: 0px; font-family: 'Calibri Light',sans-serif;\"><span style=\"color: #000000;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"background: white; margin: 0px; color: #333333; font-family: 'Calibri Light',sans-serif;\">Nevertheless, SoP\u2019s fresh directive has raised concerns of potential conflicts of interest arising as powerful oligarchs are reported to want to limit Ukraine\u2019s gambling framework to service a remit of\u00a0 \u2018limited Master Licenses\u2018, managed by \u2018eligible companies\u2019.<\/span><span style=\"margin: 0px; font-family: 'Calibri Light',sans-serif;\"><span style=\"color: #000000;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"margin: 0px; color: #333333; font-family: 'Calibri Light',sans-serif;\">Estimates on the size of a potential Ukraine gambling marketplace remain obscure with limited resources pointing towards a Ministry of Finance 2014\/15 study which detailed that a regulated industry could provide approximately UAH 5 billion (\u20ac170m) of additional revenue for the state\u2019s budget.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gambling industry stakeholders inside of Ukraine, are watching the new PM very closely, as he is said to be considering overturning its currently prohibitive gambling code. \u00a0 Since 2009, Ukraine has operated under the \u2018Prohibition of Gambling Law\u2019\u00a0mandate first sanctioned by the\u00a0Viktor Yushchenko\u00a0administration, which has seen all forms of gambling (expect lotteries) \u2013 be it [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":28377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2,11,8],"tags":[],"class_list":["post-39105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-gaming","category-headlines","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - 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