On February 24, representatives of business, the state regulator and lawmakers discussed what is happening with the gambling market in Ukraine. Boris Baum, Deputy Advisory and Expert Council under the Gambling Regulatory Commission, answered questions. And the issue of taxation grew into a heated debate. All details are in a special report from Gamingpost.net.
According to the forecasts of Ukrainian lawmakers, 7.5 billion hryvnas from the sale of licenses for gambling will go to the budget this year. But in addition to paying for licenses, Ukrainian gambling operators will also bring taxes to the budget. True, which ones are still unknown. The amendments to the current tax code have not yet been adopted. But, for example, in Georgia, gambling operators do not think about taxes at all - they pay only for licenses, tables and gambling machines. What Ukraine can learn from the Georgian experience of the gambling business - Lavrenty Gubin, an expert and author of the telegram channel @GamingInsider, told Gamingpost.net especially.
Anton Kuchukhidze, a member of the advisory and expert council under the Commission for the Regulation of Gambling and Lotteries, told gamingpost.net about how the regulator compiles a list of equipment required for certification.
The SPACEX company paid UAH 23.4 million to the Ukrainian budget. Why exactly this amount - gamingpost.net explained the first deputy of the advisory and expert council at the Commission for the Regulation of Gambling Boris Baum.
The procedure for issuing permits as to compliance and approval for operation of gambling premises (casino gaming zone, bookmaker slot for accepting bids and paying wins, gambling machines hall) has been adopted in Ukraine. Oleksiy Demyanenko (Partner at Asters law firm) and Tetiana Tyshchenko (Partner at Asters, member of the Expert Advisory Council of the Gambling and Lotteries Regulation Commission in Ukraine) analyze the legal nuances of the procedure in their exclusive article for Gamingpost.net.
The process of gambling business legalization in Ukraine is monitored not only by operators and investors, but also by equipment manufacturers, including large international companies. Among them is Winsystems, which develops casino management software as well as equipment manufacturing. Is an international company ready to work on the Ukrainian market? And what nuances of legislation do foreign manufacturers pay attention to? Oscar Giralt, Corporate Marketing Director of Winsystems, spoke especially for gamingpost.net.
The first operators who applied for licenses received refusals from the Commission. The reasons are different, mainly incorrectly filled papers or lack of information about the company. But even obtaining an official license will not give operators the opportunity to work right now. Anton Kuchukhidze, exclusively for gamingpost.net, told how to resolve the issue of equipment certification without the participation of the Verkhovna Rada. And is it possible to legally protect a business from a lockdown. Details are in the interview.
Operators of the gambling market will face double taxation. This is spelled out in the tax code, which is in force now. They were going to change it even before the end of 2020, but no changes were made. The Verkhovna Rada did not have time to put forward the bill 2317d, which regulates inconsistencies in the current tax code. But the licensing conditions have already been accepted, and, according to the regulator, work can also begin. What difficulties gambling operators will face - gamingpost.net learned from Alina Plyushch, a lawyer and member of the advisory and expert council under the Gambling Regulatory Commission.
The law on gambling has been in effect for more than four months now, and billboards advertising online casinos and gambling halls flaunt on the streets of Kiev. And it seems that they are not noticed at all. Who should enforce the law that explicitly prohibits advertising of gambling games? And is it possible to remove it from the streets of the Ukrainian capital? Gamingpost.net has made its own investigation.