KYIV. Sept 1 (Interfax-Ukraine) – The Finance Ministry of Ukraine has preliminarily assessed revenues of the national budget from the legalization of gambling at up to UAH 5 billion, Finance Minister Natalie Jaresko told reporters on Monday.
“According to tentative assessments, this could be up to UAH 5 billion a year of revenues to the budget. Concrete figures would be presented in the budget,” she said.
As reported, Economic Development and Trade Minister of Ukraine Aivaras Abromavicius has said that he supports the legalization of gambling in the country.
“I personally support [legalization of] gambling, as it means income for the budget,” he said.
According to him, such establishments should be located in four and five-star hotels and the exact size of such establishments should be defined in a way that operators with good reputations from the U.S. and Central and Eastern Europe will come to Ukraine.
The Finance Ministry plans to reduce the individual income tax and single social security tax thanks to the legalization of gambling.
Gambling was banned in Ukraine in the summer of 2009.
