Client Alert
Ukraine: New gambling legislation now in effect
After a 10-year statutory ban on gambling, Ukraine has made a move towards the creation of a regulated gambling market. Even though the topic remains highly debated in Ukrainian society, it is expected that legalization of gambling should facilitate bringing numerous illegal business operators out of the shadows and attract foreign providers.
On 11 August 2020, the Law “On State Regulation of Organizing and Running Gambling” (registration no. 2285-д) (the “Gambling Law”) was signed into law by the President of Ukraine. The new legislation became effective on 13 August 2020, except for certain provisions (such as e.g. related to the State Online Monitoring System).
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