Ukrainian Gaming Congress to Discuss Future of Gambling in UkrainePublished September 7, 2015 by Elana K
The Ukrainian Gaming Congress will take place September 29, 2015 in Kiev, and will discuss the future on regulated gambling in Ukraine.
The Ukrainian Gaming Congress, scheduled to take place on September 29, 2015 at the Radisson Blu Hotel in Kiev, is a monumental event for Ukraine’s gambling industry. The congress will bring together representatives of government bodies, gambling zones, investors, owners of betting programs, hotel and tourist industry, foreign casino chains, experts and lawyers to discuss the future of gambling and online gambling in Ukraine.
The congress is being organized by Smile Expo, an international organizer of large business events.
Why is the Congress Happening Now?
The Ukrainian Gaming Congress was scheduled for September following the introduction of a significant bill that was introduced earlier this year, in July. The bill is called "On State Control and Legal Basis for the Organization of Gambling," and if approved, will legalize and regulate gambling activities in Ukraine.
All the movers and shakers that will gather at the conference will discuss a number of pressing issues concerning the legalization of gambling; the goal is also to submit proposals to the country's leadership.
Relevant issues include: Will gambling actually be legalized, what prospects are available, who are the major players, what will happen to the black market in the case of regulation, how much will licensing cost, what will the government tax be, will foreign bookmakers be allowed to enter the market, and will online gambling be included in the regulations.
Speakers at the conference will include Getmantsev Danil, president emeritus of Jurimex law firm, and author of the book "Gambling in Ukraine and abroad;" Dmitry Dragun of Baker Tilly Ukraine; Irina Sergiyenko, Director of law firm Fomin, Sergienko and Partners; Francesco Baranca of FederBet, a Belgian association that supports rights of customers and bookmakers.
Is the Government of Ukraine Receptive to Gambling Regulations?
At this point, yes. The Ukrainian government is receptive to the idea of legalizing gambling since they realize that regulating the industry can bring in a large amount of additional revenue, as well as provide opportunities for the country’s business growth.