Nevada Gaming Holding, a prominent US-based investment manager, has officially acquired Spacesiks, Ukraine’s top online gambling firm and owner of Cosmolot. This acquisition not only enables Nevada Gaming to expand Cosmolot’s reach across Europe and North America but also signifies a critical boost for Ukraine’s economy in a challenging period. The acquisition, initially discussed at […]
Greentube has taken a major step forward in its European expansion by partnering with Casino UA, a leading operator in Ukraine. This collaboration brings Greentube’s popular land-based titles and latest online hits to a brand-new audience, enhancing its presence in a market it first entered in 2021. Greentube Expands in Ukraine with New Casino UA […]
The Ukrainian Gambling Council (UGC) is calling on Google to lift its ban on ads from licensed gambling operators, warning that the tech giant’s blanket ad restrictions are unintentionally fueling the illegal gambling market. By allowing unlicensed operators to exploit these restrictions while preventing legitimate businesses from advertising, the UGC says the country’s regulated gambling […]
Ukraine Cracks Down on Sanctioned Online Gambling Operator with Alleged Russian Ties Ukraine is intensifying its crackdown on illegal gambling operations with a focused investigation into Parimatch, a major online gambling operator accused of having Russian ties. Amid escalating concerns about foreign influence and illegal activities, Ukrainian authorities are taking decisive steps to ensure the […]
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 Implements Gambling Ban for Military Personnel Amid Morale and Security Concerns A Resolute Response to a Rising Issue: Strengthening Ukraine’s Defense Through a Military Gambling Ban – In a decisive move, Ukrainian President Volodymyr Zelenskyy has officially prohibited gambling among the nation’s military forces, addressing acute concerns about its detrimental impact on morale and […]
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 […]
Under Siege and Online: The Alarming Spread of Gambling Among Ukraine’s Frontline Soldiers Amidst the relentless echoes of warfare, a different battle rages silently within the ranks of Ukraine’s defenders: the struggle against the grip of online gambling. Ukrainian President Volodymyr Zelensky, recognizing the severity of compulsive gambling among soldiers on the front lines, has […]
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 […]
Ukraine is taking robust action against unauthorized gambling, recently arresting five individuals suspected of running an unlicensed chain of gambling venues in Odesa. The Bureau of Economic Security (ESBU) revealed that during the operation, assets amounting to 2.4m hryvnias ($65,000) were seized. These unauthorized establishments, situated on the ground floors of residential structures, were revealed […]