This year Ukraine’s government has promised to start earning increased revenue from legal gambling starting with 2018. The news was highly shared since in April, Ukraine’s Ministry of Finance published the full text of a letter to International Monetary Fund boss Christine Lagarde, detailing the country’s plans to reform its economy in order to qualify for $17.5b in financial assistance.
The letter, which was signed by the country’s president, prime minister, finance minister and national bank president (although the latter abruptly quit on Monday), vowed to press ahead with plans to legalize gambling in the Ukraine, “which will contribute additional revenue to the budget no later than 2018.”
In 2015, Ukraine introduced draft legislation that would have authorized land-based casinos, sports betting, a new national lottery and online gambling sites. The following year, the government suggested its gambling market could generate revenue of $1.5b per year, but gambling operators balked at the price of proposed license fees and the tax rates, and the legislation went nowhere.
Last November, a group of local industry stakeholders formed the Ukrainian Gaming Industry Association to help the government craft legislation that would take ‘international standards and practices” into account.
The “Growth of regulated markets in the Eastern European region” panel is scheduled to be held between 11:00 – 12:00 (Budapest Local Time) on the 19th of September (Day 1) during the second edition of the Central and Eastern European Gaming Conference Budapest. (you can view the full agenda here).
The second edition of the Central and Eastern European Gaming Conference (CEEGC) will be held at the Kempinski Hotel Corvinus Budapest and as during first edition, it will bring together the cream of the online gambling industry for two days of fully packed unique networking opportunities.
We have set the dates of 19 and 20 September by carefully synchronizing with the top delegates that will be attending the event and we are looking forward to having you among our guests.
The motto of the 2017 event is “Unfinished Business: Dare to attend” and it will focus on the Latest Innovations, Hot Topics, Eastern and Central European market updates and a special focus on the Balkans.
We are aiming to bring yet another opportunity to harvest a wealth of information about the hot topics and trends which shape the industry in 2017 and will look towards the future awaited regulatory updates.
“Ukraine’s regulation on the horizon, the plans to regulating the market by European guidelines” is the tile of Ms. Iryna Sergienko’s presentation and it will serve the most vital information which revolves around the opportunities Ukraine can bring for investors and operators.
Iryna Sergienko (CEO at Ukrainian Gaming Industry Association)
Iryna is the CEO of the Ukrainian Gaming Industry Association since August 2016 and also a Board Member of the All-Ukrainian Union for bookmaking development from 2014
As an Attorney at Law, her specialization includes gambling, IT – business and sports law.
A member of the Interagency Working Group for consideration and resolution of problematic issues in the field of gambling and lotteries (2015)
Consultant of Committee of the Verkhovna Rada of Ukraine on Family, Youth and Sports issues
Member of the Committee on Ethics and Fair Play of the Foot-ball Federation of Ukraine
Author (co-author, editor) publication “Legal regulation of gambling business. European experience. Practices in post-soviet countries. Perspectives for Ukraine” (Eng, Ukr. 2015)
Participant (speaker) of numerous specialized international conferences on issues of legal regulation of gambling., partici-pated in the draftng of Tax Code of Ukraine in the version 2014 in part of tax issues for the gambling industry.
How to secure your seat?
Early Bird Rate is set for 299 EUR an can be booked with the 50% discount until September the 3rd, 2017. Limited seating! (Online payment, Bitcoin or Bank Wire Available)
Source: CEEGC
