Slotegrator to provide opinions on debate for Ukraine legislation
Slotegrator is expected to be providing professional opinions on the practicality and sustenance of the newly-launched Ukraine gambling market at March’s Ukrainian Gaming Week (UGW) set to take place in the Ukrainian capital. The event will be held on the 23rd and 24th of this month, and is solely devoted to debating issues concerning the recent joining of the country into the regulated gambling realm.
Slotegrator mentioned that the launch of such new markets brings about new opportunities and broadens horizons for many. The company is now getting ready to provide its entire collection of solutions to anyone who is willing to follow in the footsteps of Parimatch. Parimatch became the very first operator to acquire a sports betting licence in the newly regulated Ukraine market, straight from the Commission for Regulation of Gambling and Lotteries (CRGL).
Even though it was approved, it was also revealed that Parimatch is currently waiting for some final decisions from Verkhovna Rada concerning the taxes and costs of the licence.
Vadim Potapenko, Slotegrator Head of Sales, said in February:
“There is no perfect scenario — each country’s regulation has its own pros and cons. Obviously, operators will always have a negative attitude towards taxes — they view them as a burdensome expense on top of what they already pay to payment system providers, game developers and affiliates. That is why the simpler the tax scheme is, the easier it is for the operator. There are licences available for both online and land-based projects. Furthermore, the licences are affordable: many will say they are on the high side but I believe that start-ups with the experience and the budget will pop up. This will reduce risks for the players — if a casino has money, it can guarantee that winnings will be paid out. Any new businesses that appear on the Ukrainian market will be well managed projects with sophisticated brands.”