fbpx B2B Licensees: What Are the Expectations for Companies Providing Services to the Gambling Market? | Gamingpost.net
captainslot.consulting

B2B Licensees: What Are the Expectations for Companies Providing Services to the Gambling Market?


11 Ukrainian companies received licenses to provide services in the field of gambling. Do they have a lot of clients and did their work meet expectations? Read the exclusive report on Gamingpost.net.
  • Interview
  • 2021-07-29 11:42:24
  • 1193
B2B Licensees: What Are the Expectations for Companies Providing Services to the Gambling Market?

It is not easy for developers to sell their online monitoring system for a casino or slot hall. You need to get a special license to provide services in the field of gambling, which costs 1.8 million hryvnias. Eleven Ukrainian companies have already received such B2B licenses. Almost everyone is engaged in the development of systems for online monitoring and management of gambling halls. But the expectations from the work were not met by all licensees. The service station of the company "Galaxion" Sergey Los tells - there are not many clients yet.

“So far, this license itself has not brought us additional orders. But we were forced to take this license because we have one client who purchased a gaming hall monitoring system from us. And without this license, the client could not get his license. An operator who opens a gaming club must have an agreement with a B2B company that will serve it in the future. Without this agreement, he cannot obtain a license to operate. Therefore, so far we are working with only one network of slot-halls that are planning to open,” - says Sergei Los.

A representative of one of the companies that received a license to provide services in the field of gambling told Gamingpost that there are practically no orders because the market itself is not yet operating at full capacity.

“What market - so many clients. And there are no clients. They can be counted on the fingers of both hands. The number of operators depends on whether the tax code changes. We do not argue whether it is good or bad, we work with what is on the market. If nothing changes, then the market will remain so. And there will be neither replenishment to the budget, nor a legal market as such,” - says a representative of a company with a B2B license.

But there is hope that there will be more clients, says Sergei Los. Before the closure of the gambling market in Ukraine, the Galaxion company was called Odrex and for about 10 years cooperated with many gambling operators. Now, after legalization, these companies are going to re-enter the legal gambling market. But they are not inclined to take risks.

“There are a lot of companies that are just planning to enter the market. They are waiting for the moment due to the fact that the market has not yet been formed, the rules of the game have not been formed. They are in no hurry to make investments, they are in no hurry to take steps, until they see from the experience of someone else that the business is working and making money. Therefore, there is a hope that when the tax issue is resolved, there will be more clients,” - says Sergei Los.

The bill on changes in taxation was adopted by the People's Deputies in the first reading. It equalizes GGR tax rates for all types of businesses up to 10%, defines the correct wording of "income" and "winnings", and does not tax winnings up to UAH 48,000. The document now awaits a second reading in the fall. And the paid B2B licenses have already brought almost UAH 20 million to the Ukrainian budget.

The material especially for Gamingpost.net

 

The gambling portal gamingpost.net monitors the process of legalization of gambling in Ukraine. Read the latest news: A year for the gambling business of Ukraine. How does the market work?

The fight against the black market, the roster of gambling addicts and taxes: a round table of experts

"Approval of a tax law is vital" - Igor Makievsky on Bill 2713-d, taxes on winnings and gambling income

YOU MUST PAY ATTENTION
GC-UA appealed to the Verkhovna Rada: interview Interview

GC-UA appealed to the Verkhovna Rada: interview

The GC-UA Association appealed to the Verkhovna Rada and supported the bill 2713-d, which the people's deputies adopted in the first reading. Representatives of the association propose to become a platform for the preparation and development of amendments to the draft law for the second reading.

  • 2021-08-11 11:08:25
  • 1162
B2B Licensees: What Are the Expectations for Companies Providing Services to the Gambling Market? Interview

B2B Licensees: What Are the Expectations for Companies Providing Services to the Gambling Market?

11 Ukrainian companies received licenses to provide services in the field of gambling. Do they have a lot of clients and did their work meet expectations? Read the exclusive report on Gamingpost.net.

  • 2021-07-29 11:42:24
  • 1193
"Approval of a tax law is vital" - Igor Makievsky on Bill 2713-d, taxes on winnings and gambling income Interview

"Approval of a tax law is vital" - Igor Makievsky on Bill 2713-d, taxes on winnings and gambling income

The Verkhovna Rada voted for bill 2713-d in the first reading. Now the document is awaiting a vote in the second reading in the fall. Why is the bill vital to the industry? How do licensed casinos work without regulated taxes? And why has the demand for slot machines dropped? Igor Makievsky, head of the All-Ukrainian Association of Employers in the Leisure and Entertainment Industry, answered these questions, especially for Gamingpost.net.

  • 2021-07-20 10:47:14
  • 378
Association GC-UA: interviews with founders Interview

Association GC-UA: interviews with founders

The gambling association "GC-UA" has appeared in Ukraine. There are already more than 10 participants in it. Experts in the field of gambling business, as well as companies and market operators can join the association. What is the main goal of the association and how does it differ from other associations in the Ukrainian market? Gamingpost.net found out from the founders of the association - representatives of the companies "SiGMA" and "ETERNA LAW".

  • 2021-06-25 10:57:27
  • 291
“We want to focus on social responsibility”, - Viktoria Zakrevska about the Gambling Association of Ukraine Interview

“We want to focus on social responsibility”, - Viktoria Zakrevska about the Gambling Association of Ukraine

The founder of the Ukrainian Gambling Council Anton Kuchukhidze resigned from the post of the head of the Gambling Association of Ukraine. Today he introduced the new head of the Association - Victoria Zakrevskaya. In an interview with Gamingpost, Victoria told why she headed the GAU and what the Association will do under her leadership.

  • 2021-06-02 09:25:14
  • 483
"There is a paradoxical situation in Ukraine" - Ganna Buiadzhy on the gambling market Interview

"There is a paradoxical situation in Ukraine" - Ganna Buiadzhy on the gambling market

Honored Lawyer of Ukraine Ganna Buiadzhy in an interview for Gamingpost.net told how to solve the problems of the gambling market in Ukraine.

  • 2021-05-10 10:58:04
  • 433
More contents