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25 rooms for other locations. Te licence is granted for 250 slot machines and there must be at least 50 in one hall.


Sports betting activities will be allowed online and in land-based locations. However, it is allowed to play only in three, four and five-star hotels and at racetracks. Bets can be placed on real events, all virtual events are forbidden.


If you plan to open a casino in the above-mentioned zones, you need to obtain a licence to organise and conduct gambling establishments. Investors, who are ready to build a separate hotel complex with five-star rating and at least 200 rooms for Kyiv and 150 rooms for other cities, will automatically acquire the right to host a casino and get an investment license instead of the normal licence. Tere will be no fees for issuing an investment licence, and its validity period will last for 10 years.


Video lottery terminals and other video visualisation devices are prohibited, i.e. slot machines that allow you to bet on the result of video games and operate on the principle of a random number generator. Te


gambling law also makes changes to the law of Ukraine "On advertising" by imposing restrictions on gambling advertising, including a ban on outdoor advertising, except for signage, as well as restrictions on all other types of advertising.


In addition, all gambling sites should be equipped with an online monitoring system, which will allow the state control over the activities of gambling operators by obtaining data directly from gambling equipment and providing the facilitiy to store this information to a single system. Moreover, it is proposed to create a separate state authority named Te Commission tasked with the purpose of regulating the gambling market with both a Chairman and five members, which will manage the licensing and control the activities of market participants.


An online monitoring system will be introduced in two and a half years. Te cost of a licence for online casinos, sports betting locations and slot machine halls in hotels will be three times higher before the introduction. Te law is still full of anomalies, such as the prohibition of bill acceptors in slot machines, which I will cover in my next article.


NEWSWIRE / INTERACTIVE / MARKET DATA P31


It is proposed to create a separate state authority named The Commission tasked with the purpose of regulating the gambling market with both a Chairman and five members, which will manage the licensing and control the activities of market participants.


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