Reports UKRAINE - MARKET REPORT
Investment licences can be issued and these are exempt from the licence fee for 10 years on the condition applicants build a new five star hotel with 200+ rooms in Kiev or with 150+ rooms in another city. Te operator must hire at least 250 employees and use a minimum of 20 gaming tables (including four roulette tables) and 250 slots and dining facilities.
UAH7.5bn for the state budget in 2021 in income from licensing fees from legalised gambling.
Tere are several stipulations for applying for a gambling licence which include:
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Although local and foreign investors have access to the market, only legal entities registered in the Ukraine may become gambling operators.
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Gambling operators can not be controlled or any shareholders cannot be Russian residents or by any countries blacklisted by the Financial Action Task Force (ie: North Korea and Iran).
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Gambling operators must have a share capital of UAH30m.
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Operators must open a deposit account or obtain a guarantee from a Ukrainian bank for 7,200 MMW (UAH34m / €1m). Tey must have a .ua domain name.
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Operators cannot be a bank, financial institution or non-governmental organisation.
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A gambling operator can conduct gambling under one brand.
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Minimum player age is 18 years for the lottery and 21 years for other types of gambling with mandatory identification and a blacklisted register.
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Only the licensed operator is permitted to advertise gambling and advertising of gambling or trademarks is prohibited on any kind of television between 6am and 11pm, in print media (except specialised media), on
P50 WIRE / PULSE / INSIGHT / REPORTS
transport or on goods, entertainment locations, sports venues or events aimed at under 21s.
SECTOR BY SECTOR Land-based casinos l
Casinos can be located in: - Five star hotels in Kiev with 150+ rooms;
- Four and five star hotels with 100+ rooms in other cities;
- Out of town resort complex with minimum size of 10,000sq.m with a five star hotel;
- Special gaming zones (maximum five zones can be established) – these zones can be within the Ukraine territory and in an area that might need socio economic development.
Investment licences can be issued and these are exempt from the licence fee for 10 years on the condition applicants build a new five star hotel with 200+ rooms in Kiev or with 150+ rooms in another city. Te operator must hire at least 250 employees and use a minimum of 20 gaming tables (including four roulette tables), 250 slots and dining facilities. TIt is hoped that investment licences will help boost undeveloped regions to help turn them into tourism destinations.
l Min. gaming area of casino must be 500sq.m. l Minimum number of employees is 50. l Gaming equipment requirement includes:
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- In cities with 500,000+ people – at least 10 gaming tables (including at least two roulette tables) and at least 50 slots.
- In smaller cities and rural areas – at least five gaming tables (including one roulette table) and at least 20 slots.
- Gambling zones – 20 gaming tables (including four roulette tables) and 250 slots.
A licence is issued for five years and the fee is 60,000 MMW in Kiev and 30,000 MMW in other cities. In 2021, this is €10.6m in Kiev and €5.3m in other cities.
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