{"id":6374,"date":"2021-08-26T00:00:00","date_gmt":"2021-08-26T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/europe\/exchange-of-gambling-licenses-in-ukraine-under-scope\/"},"modified":"2021-08-26T00:00:00","modified_gmt":"2021-08-26T00:00:00","slug":"exchange-of-gambling-licenses-in-ukraine-under-scope","status":"publish","type":"europe","link":"https:\/\/www.mundovideo.com.co\/en\/europe\/exchange-of-gambling-licenses-in-ukraine-under-scope\/","title":{"rendered":"Exchange of gambling licenses in Ukraine, under scope"},"content":{"rendered":"<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">A member of Ukraine&rsquo;s new Gambling and Lottery Regulatory Commission (KRAIL) is reported to have been arrested on suspicion of receiving a $90,000 bribe to grant gambling licenses. <\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><strong><span style=\"font-size:20.0pt\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">A Ukraine gambling body regulator member suspicious of bribing in exchange of gambling licenses<\/span><\/span><\/strong><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">The country&rsquo;s Special Anti-Corruption Prosecutor&rsquo;s Office did not reveal the identity of the official arrested, but the news outlet Ukrainska Pravda has reported that it is believed to be Yevhen Hetman, who was appointed as lead coordination of the gambling regulator in October last year.<\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">The prosecutor&rsquo;s office said its investigation was ongoing. <\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Ukraine legalized gambling last August to tackle the unlicensed market that sprang up during a period of 11 years during which almost all forms of gambling were banned. The period of prohibition followed a fire at a gaming hall in Dnipro in 2009 in which nine people died. <\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">KRAIL began issuing licenses under the new gambling legislation in February and has since issued 40 licenses, including seven to high-end hotels in Kyiv. Licenses are valid for five years, and the cost for land-based licenses varies depending on the city and the type of building. <\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-size:20.0pt\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">According to the Kyiv Post, some experts believe gambling revenues in Ukraine could reach $30bn, some 15 per cent of gross domestic product if the country can attract more investors. <\/span><\/span><\/span><\/span><\/p>\n<p style=\"text-align:justify\">&nbsp;<\/p>\n<p style=\"text-align:justify\"><span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\">Meanwhile, the final bill that will set the tax rate on the newly licensed market has passed its first read.<\/span><\/span><\/span><\/p>\n<p>\n<span style=\"font-size:12pt\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"background-color:white\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#333333\">No Copyright infringement intended. Video\/Photo Unknown Direct for credits\/issue or text us +57 3606412 &#8230;&nbsp;<\/span><\/span><\/span><span style=\"background-color:white\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#333333\">| Respect to Photographers &amp; Influence<\/span><\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prosecutor\u2019s office said its investigation was ongoing.<\/p>\n","protected":false},"author":1,"featured_media":6375,"menu_order":457,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[3577,3578,3166],"class_list":["post-6374","europe","type-europe","status-publish","format-standard","has-post-thumbnail","tag-exchange-licenses","tag-illegal","tag-ukraine","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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