The Ministry of Finance of Ukraine has developed a bill which specifies regulations of gambling business in Ukraine. In addition, it defines minimal share capital on the registration day for casinos in hryvnias equal to EUR 1 million, reported MFU on its official web-site. Remarks and offers to the bill “About gambling in Ukraine” are accepted by July 9.
The bill specifies all kinds of gambling allowed in Ukraine and forbids advertisement of gambling on the radio and television, on the front and last pages of magazines and other periodicals, also indoor and outdoor advertisement, ads on vehicles and any measures which may have advertisement character.
MFA also offers to provide a penalty for the violations at the amount of 500 minimal salaries (about USD 50,000 ed.)
According to the Chamber of Accounts, there is a possibility to remove “from shadow” incomes from gambling at the amount of UAH 3-7 billion.
