Ukraine Takes a Stand Against Unlicensed Gambling: KRAIL Blocks 371 Sites Unlicensed gambling websites are proliferating, posing significant risks to consumers and undermining legitimate operators. In a bold move to tackle this issue, Ukraine has taken decisive action. Discover how the Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) is leading the charge […]
A New Era for Ukrainian Gambling: Parliament Votes to Dissolve KRAIL Amidst Regulatory Overhaul In a landmark decision, Ukraine’s parliament has voted to dissolve the key gambling regulator, KRAIL, reshaping the future of gambling in the nation. Amidst the backdrop of ongoing conflict and societal concerns, this move is set to redefine how gambling is […]
Ukraine’s Gambling Sector Sees Surge in License Applications Amid Regulatory and Social Shifts In an eventful start to 2024, Ukraine’s gambling landscape witnessed significant regulatory activities and societal discussions. The Commission for the Regulation of Gambling and Lotteries (KRAIL), the country’s gambling regulator, received a notable influx of 194 license applications in the first quarter […]
A Bold Move Against Gambling Fraud The Economic Security Bureau of Ukraine has taken a dramatic step by confiscating UAH700 million (approximately €17.3 million) from a top gambling operator, signaling a tough stance against tax evasion within the gambling sector. This action underscores the government’s commitment to ensuring compliance and integrity within the industry. In-Depth […]
Ibox Bank has lost a legal case against the Ukrainian Gambling and Lottery Regulation Commission (KRAIL) regarding the cancellation of its gambling license. The bank had challenged KRAIL’s decision after a criminal conspiracy was uncovered by the Economic Security Bureau of Ukraine (ESBU). According to the financial watchdog, over 20 Ibox subsidiaries and multiple gambling […]
KRAIL, the Commission for the Regulation of Gambling and Lotteries, has reported a decrease in the number of illegal gambling sites targeting Ukraine. Out of the 1,895 sites identified, only 727 are currently offering unlicensed gambling in the country. The regulator attributed the decline in unlicensed sites to its collaboration with law enforcement agencies to […]
A draft law proposing the dissolution of the Commission for the Regulation of Gambling and Lotteries (KRAIL) in Ukraine and the establishment of a new executive body has been presented to the Verkhovna Rada by the Ukrainian Deputy Prime Minister, Mykhailo Fedorov. Mykhailo Fedorov, who serves as both Ukraine’s Deputy Prime Minister and Minister for […]
According to the Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL), the number of individuals who have chosen to self-exclude from gambling in Ukraine has experienced a significant increase during the first four months of 2023. Since the introduction of the new responsible gambling regulations in Ukraine in 2021, the establishment and maintenance […]
The Ukrainian gambling regulator, known as KRAIL, has taken action against several operators in the past by cancelling their licenses. Recently, KRAIL has suspended two state lotteries, including an instant win lottery and a numerical draw. The Ukrainian Commission for the Regulation of Gambling and Lotteries (KRAIL) has officially confirmed the suspension of two state […]
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 […]