Connect with us

EMEA

The rules for suspension of gambling licenses in Ukraine are set to undergo reform

Published

on


As per the proposals put forward by the Ukrainian gambling regulator, the government has agreed to establish fresh certification and inspection protocols.

As part of its 2023 action plan, the Ukrainian government has adopted the proposals made by the country’s gambling regulator, the Commission for the Regulation of Gambling and Lotteries (KRAIL). The planned reforms will involve modifying the procedures for suspending and revoking gambling licenses.

Ukraine’s Council of Ministers has endorsed the action plan, which encompasses over 500 priorities, including various draft laws and resolutions. One of the key proposals is to establish a clear protocol for the suspension of gambling licenses during periods of martial law, as well as the process for reviewing such measures once martial law has ceased.

Under the forthcoming legislation, gambling businesses owned by individuals or entities from aggressor states will be prohibited from operating, and a system will be established for suspending the licenses of businesses that offer their products or services in Ukrainian territory occupied by aggressors.

Advertisement

In addition to the specific changes related to aggressor states and occupied territories, the upcoming reforms will also entail a broader review of the renewal, suspension, and revocation processes for gambling licenses. The government will also introduce new certification and inspection protocols for gaming equipment, as well as measures to address issues related to problem gambling and illegal gambling.

Last December, KRAIL revoked the gaming licenses of three operators – Joker UA, Play Fan Investment, and Alphagime – citing their alleged control by residents of Russia. The decision to cancel the licenses was made after the police and security services provided evidence that the operators had submitted false information in their documentation.

KRAIL had come under fire from lawmakers and the press for its perceived failure to safeguard Ukraine during Russia’s incursion into the country.

Advertisement

Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Gamingo.News stands as a premier digital destination dedicated to delivering top-tier news and insights in the gaming and gambling industry. This specialized media outlet garners the attention of over 120,000 readers each month, providing them with engaging content, current news, and in-depth analyses.
The platform offers extensive coverage of various facets of the gaming world, including both online and brick-and-mortar gaming, wagering, esports, updates on regulations and compliance, as well as technological innovations. Regular content includes daily news stories, press releases, unique interviews, and comprehensive reports on events.
Moreover, Gamingo.News organizes webinars pertinent to the industry and offers detailed reports, establishing itself as a comprehensive information source for those interested in learning about gaming market operators, suppliers, regulators, and professional services. The portal's main objective is to keep its large audience informed about the latest news, trends, and developments in the gaming and gambling sectors. It focuses particularly on the European igaming market but also covers significant global news, proving to be an invaluable tool for gaming professionals, operators, and enthusiasts.

For inquiries, reach out at: sales@gamingo.news

For editorial or PR submissions, contact: media@gamingo.news

Copyright © 2024 Gamingo.News.