\u201cThere is hope that even additional regulation that is to be adopted on top of the draft law will not include provisions that can scare any international investor in his right mind,\u201d he added.<\/p>\n
But Skoblo cautions that the final outcome of gambling legislation in Ukraine could wind up being different from the current proposal.<\/p>\n
As someone who has worked in this market for more than 20 years already, we would say that this part of Europe is lucrative in terms of gambling and the draft law looks promising,\u201d Skoblo said.<\/p><\/blockquote>\n
\u201cIt is still hard to advise on rushing into decisions, because future regulations and associated implications are not clear yet. One should keep in mind that [the] former Soviet Block is the place where everything — including legislation — may change in one day,\u201d Skoblo warned.<\/p>\n
Many Gaming Companies Interested in Ukraine Market<\/h2>\n
He said Dentons now has \u201ca myriad of clients from casinos to lottery companies to betting shops, both land-based and online, on the new Law on Gambling in Ukraine\u2026. We were also involved in the drafting of the law when it was first floored.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Ukrainian legalized gambling, which will allow licenses for up to 20 brick and mortar casinos and 10 online gaming operations, is coming closer to reality. An initial bill was submitted Wednesday to the Parliament for a first reading. Under the proposal, Ukraine\u2019s 2009 gambling ban would be lifted. Beyond the opening of casinos, the bill […]<\/p>\n","protected":false},"author":44,"featured_media":119164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60,13],"tags":[],"acf":[],"yoast_head":"\n
Ukraine Moves Forward With Gambling Bill, Local Attorney Urges Caution<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n