The Verkhovna Rada has registered the draft Law "On State Regulation of Activities in the Organization and Conduct of Gambling", elaborated by the Cabinet of Ministers of Ukraine, under No. 2285.
The Government's bill aims to comprehensively streamline the organization and conduct of gambling. In particular, the Government proposes to establish the following:
Adoption of the bill will allow to regulate the problem of illegal gambling business distribution, prevent gaming addiction. The legalization of gambling business will also increase revenues of the budget up to UAH 5 billion, but the final figures of the expected budget earnings will depend on the version the MPs adopt the law.
Since 2009, the Law of Ukraine “On Prohibition of Gambling in Ukraine” has been in force. But the results of this ban have led to gambling being a shadow business and their organizers receiving a surplus; the State budget hasn’t been filled through taxes and fees from such gambling industry. Involving minors in the gambling business was specific but not the only problem.