Gambling in Ukraine to be revived

A ‘Game On’ Conference meeting is scheduled to take place on the 13-14 of October this year with the aim of reviving gambling in Ukraine. The Kyiv based meeting involves global experts, captains in the gambling industry as well as top official in the Ukrainian government. The main agenda would be initiating a passage unto which betting would be brought back in the nation in a transparent way following five years absence.

Nonetheless, the reviving of the betting practices in the nation means that there will be initiation of new rules which would be followed to the letter not only by casino operators but also sports betting, online gambling as well as lottery acts. This would be fundamental in maintaining the interests of the nation as the first priority as well as putting in check the conduct taking place in accordance to the international standards. This initiative by the government will also play a key role in the affairs of the state including attraction of foreign gamblers which would boost the tourism sector as well as raising the revenue for the government.

The newly incorporated gaming industry is deemed to create more than 300,000 job opportunities in the next five years as well as bringing in extra UAH 2.3 billion as tax income in a year. The revenue can be used in other social services and the Ukrainian government would welcome such a move.

The Conference marks the start of several varieties of events with the initialization of rules of first order that would be beneficial to clients, operators as well as the government. This would be tagged along with acquiescence of the report to the Ukrainian parliament and the re-launching of the gaming industry.

Those in attendances in the conference and speakers include the Who’s Who of the Ukrainian politicians as well as global gaming industry advocates selected from various huge gaming firms. The conference provides casino operators, legislators, suppliers as well as equipment manufactures with ample time to discuss more on the future of betting in the nation.

ACE Publishing Ltd is the company that is behind the success of the conference and it is leading other companies in bringing back gambling in Ukraine.

This article is published in: Sports Betting
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