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Ukraine urged to get a move on with gambling regulatory update

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Ukraine urged to get a move on with gambling regulatory update

Ukraine’s Attorney General has restated his approval of the country legalizing gambling, but operators are growing impatient at the slow pace of regulatory change.

 

Last week, Ukraine’s Attorney General Yuriy Lutsenko paid a visit to the town of Uzhgorod, where he staged a mock raid on an illegal gambling den and accused local officials of protecting the proprietors. Lutsenko insisted he wasn’t anti-gambling, but insisted that operators must obtain the government’s formal blessing.

Trouble is, Ukraine currently doesn’t permit legal gambling, having banned pretty much everything except lotteries in 2009. Legislation that would have legalized both land-based and online gambling was floated in 2015, but its unpalatable combination of high fees and other licensing restrictions left would-be licensees unimpressed, and the legislation was ultimately scrapped.

In April, Ukraine’s government offered assurances to the International Monetary Fund that the country would have a viable gambling regime in place by 2018, in keeping with the terms of the IMF’s economic aid package. Industry stakeholders offered to help the government craft more viable legislation but tangible signs of legislative progress remain elusive.

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Last month, businessman Oleksandr Yaroslavsky, considered one of Ukraine’s 10 richest individuals, publicly rebuked the government for dragging its heels on reforming the country’s “shadow” gambling market, which he claimed was worth “about half a billion dollars.”

Yaroslavsky also reminded the government that it had required him to include a casino in the plans for his Premier Palace Hotel in Kharkiv prior to the country co-hosting the UEFA Euro 2012 football tournament. But despite having invested $12m to incorporate a casino into the hotel’s design, Yaroslavsky said “the requisite facilities remain idle.”

 

UGS 2017

Stay up to date with the latest developments by attending the Ukrainian Gaming Summit 2017. The seminary type conference is scheduled to be held on the 17th of November at the Hyatt Regency Kiev. The Summit will give way for the delegates to network with regulators, gaming experts, operators, software providers and investors.

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A special report will be given about the Ukrainian gambling market and about the possible amendment that will take effect in 2018. The Summit will also focus on bringing a wealth of information about regulation, responsible gambling and technology from Eastern European region with world class speakers and regulators sharing their updates and advice.

 

register-now-ugs-2017 Ukraine urged to get a move on with gambling regulatory update

 

 

Ukraine’s online gamblers certainly aren’t sitting idly by waiting for their government to act. The Internet Association of Ukraine (InAU) recently published an online traffic report for September, which identified Russian bookmaker Parimatch as the 16th most-visited website, with roughly one-quarter of Ukraine’s online population paying the site a visit last month.

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Parimatch’s international marketing director recently announced that the company had seen its Ukrainian online customer base grow by nearly 30% in just the past year. The average bet per Ukrainian customer was just $5, with 60% of wagers made on football, followed by basketball (11%), tennis (10%) and hockey (5%).

Ukraine’s parliament intends to discuss its draft budget for 2018 at a meeting scheduled for October 19. The government has planned for 3% GDP growth next year and recently suggested that it was “open for any proposals” that would spur the “development and success of international and local business in Ukraine.”

The post Ukraine urged to get a move on with gambling regulatory update appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: EEGaming.

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4Play

Fast Track Enters into Partnership with 4Play

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Fast Track, the leading player engagement platform built specifically for the iGaming industry, has partnered with 4Play, a dynamic and innovative gaming operator renowned for its exceptional player experiences in both casino and sports betting.

Launched in 2023, 4Play has rapidly gained recognition in the industry, primarily targeting the burgeoning Brazilian market. With a commitment to delivering unparalleled entertainment, 4Play offers its players a seamless experience in Portuguese, featuring popular gaming verticals such as casino and sports betting.

4Play’s decision to integrate Fast Track CRM comes as part of its strategic initiative to bolster player retention and streamline operations through advanced automation. Fast Track’s robust platform will enable 4Play to automate complex player journeys, ensuring each interaction is personalised and timely.

“We are excited to partner with Fast Track to elevate our player engagement strategies. Their innovative approach to CRM and their commitment to creating individualised player experiences align perfectly with our vision for 4Play. We look forward to leveraging their platform to enhance our player retention and operational efficiency,” Mateus Ihering, Chief Operating Officer of 4Play, said.

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Fast Track’s CRM platform, recognised for its real-time data capabilities and comprehensive automation suite, will support 4Play in achieving its business goals. By automating player communications and optimising the registration journey, 4Play aims to significantly increase its number of depositors while maintaining a high level of engagement among its 148,000 monthly active users.

Simon Lidzén, Co-Founder and CEO of Fast Track, said: “We are delighted to welcome 4Play into the Fast Track family. Their innovative spirit and dedication to providing top-tier player experiences make them an ideal partner. Together, we will set new standards in player engagement and retention, ensuring that 4Play continues to thrive in the competitive iGaming landscape.”

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Andrés Tamayo

Pragmatic Play Enhances FullReto Partnership with Virtual Sports Addition

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Pragmatic Play, a leading content supplier to the iGaming industry, has reinforced its commitment to Latin American expansion by strengthening its existing relationship with Colombian operator FullReto.

The latest agreement will see FullReto offer its players a broad selection of Pragmatic Play’s unique Virtual Sports titles, building on an already extensive offering of over 300 Slots and Live Casino games.

Fantastic League, Greyhound Racing, and the thrilling motor racing-themed Force 1 are among the games now available to FullReto customers as the operator looks to capitalise on the rapidly increasing popularity of Virtual Sports to consolidate its position as a leading platform in Colombia.

The multi-product partnership reaffirms Pragmatic Play’s intentions to expand its offering in the LatAm markets, with FullReto now offering a vast catalogue of Pragmatic’s award-winning games across three verticals.

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Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is delighted to reinforce its partnership with FullReto by providing its players with access to its renowned Virtual Sports games. The deal not only emphasises Pragmatic Play’s desire to provide Colombian players with an exciting online gaming experience, but also demonstrates the supplier’s dedication to furthering its Latin American expansion.”

Andrés Tamayo, General Manager at FullReto, said: “FullReto’s continued collaboration with Pragmatic Play highlights our main objective of supplying the optimal player experience. The addition of Pragmatic Play’s Virtual Sports offering, on top of its Slots and Live Casino games, will ensure FullReto players have access to hundreds of fan-favourite games across a variety of verticals.”

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Alonso Huiman

Pragmatic Play Launches Live Casino Offer at Atlantic City

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Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its Live Casino footprint across Peru after going live with major local operator, Atlantic City.

The partnership sees Pragmatic Play’s full Live Casino portfolio integrated with the operator, enabling players in Peru to enjoy market-leading titles such as Blackjack, Roulette, and Baccarat from the supplier’s award-winning portfolio.

This latest agreement showcases Pragmatic Play’s plans for growth in LatAm, exhibiting an array of its verticals across multiple territories in recent months. It is the latest deal signed by Pragmatic Play with a Peruvian operator, following a comprehensive growth strategy in the country.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Atlantic City is one of Peru’s most reputable operators and offers another opportunity to showcase the Pragmatic Play Live Casino portfolio in Peru. With an offering that will deliver exceptional gaming experiences to players, this partnership promises to cement Pragmatic Play’s position at the forefront of the Peruvian iGaming industry.”

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Alonso Huiman, Chief of Online Casino at Atlantic City, said: “This landmark agreement with Pragmatic Play is a pivotal moment for us. Its vast selection of table and card games will resonate seamlessly with our player base and we are confident that this will propel our brand to new heights.”

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