Gambling in Ukraine was outlawed back in 2009 after a fire in a gaming hall in Dnipropetrovsk killed nine
people and injured several others. Te gambling licence of the premise owner was revoked and in a knee jerk
reaction to public outrage, Parliament then passed the ‘Prohibition of Gambling Business in Ukraine.’
required) and Red Zone countries (must provide a negative Covid test on arrival and have health insurance).
followed by visitors from Poland, Russia and Hungary.
In 2020, Ukraine saw 66.7 per cent less foreign tourists visitors with about 3.4 million people in total from 192 countries. In comparison, 11.2 million Ukrainians travelled abroad last year. Tourism accounts for around 6.4 per cent total contribution to GDP and is responsible for 1.3 per cent of total employment.
Te country lifted its entry ban to foreigners and resumed commercial flights for the second time in September 2020, although visitation codes are divided between Green Zone countries (no quarantine rules, but Covid health insurance
Te Ukraine, which was already staring down large foreign debt repayments in 2020, is now facing another recession with a reported 84 per cent of households having lost income despite the fact the government introduced an ‘adaptive quarantine,’ which allowed them to respond to outbreaks in areas without stopping the country completely.
NEW GAMBLING LAW Te Ukraine gambling market until now has
mostly operated illegally over the last decade. It is estimated that the Ukraine gambling market is worth around €1bn. Te government says a legalised market is a powerful tool for the development of the tourism market.
Gambling in Ukraine was outlawed back in 2009 following a fire in a gaming hall in
Dnipropetrovsk that killed nine people and injured several others. Te gambling licence of the premise owner was revoked and in a knee jerk reaction to public outrage, Parliament passed a law ‘On Prohibition of Gambling Business in Ukraine No. 1334-VI,’ which banned any type of gambling business, except lotteries as these operated under the ‘On State Lotteries in Ukraine law.’
Prior to the ban, gambling was rife with very little clear regulatory procedures in place, while no single state authority had responsibility over the sector. It has been estimated that only 40 per cent of all gambling operators were legal entities during this time.
Revenues were estimated to be around €967m in 2008 with slots raking in over €700m alone followed by casinos €37m, lotteries €66m and betting companies €158m.
President Viktor Yushchenko signed the WIRE / PULSE / INSIGHT / REPORTS P47
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