Business news from Ukraine

Business news from Ukraine

UKRAINIAN FINANCE MINISTER WANTS TO LEGALIZE GAMBLING

Ukrainian Finance Minister Oleksandr Danyliuk assesses potential annual revenue of the budget from the legalization of gambling in Ukraine at UAH 5 billion. “According to experts’ assessments, the state could receive an additional of some UAH 5 billion every year from legalization of gambling and spend this money on social protection of citizens, support of healthcare, sports and culture,” he said in an interview with Interfax-Ukraine.
The minister said that the approval of license conditions for the gambling market players is the only way to settle the issue of legalizing gambling in the country in line with current Ukrainian law, until respective amendments are made to it.

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