Compliance Updates
Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission
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Ukraine’s Cabinet of Ministers has approved the establishment of a gambling Commission to regulate gambling and lotteries. Its work is scheduled to launch in November this year.
The Gambling Commission will issue licenses, monitor and control the activities of gambling business operators.
“The launch of the commission will make it impossible for illegal gambling establishments to operate under the guise of state lotteries. And the legalization of gambling will stimulate the economy, attract investment, create additional jobs and receive a significant source of additional revenue,” the Ministry reports.
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