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Ukraine becomes new legal gambling market

A new regulatory body was created shortly afterwards. The Commission for the Regulation of Gambling and Lotteries has already issued 18 licences, including casino licences to seven high-end hotels in Ukraine’s capital Kyiv such as the Fairmont Hotel. To open a casino in Ukraine now, businesses must buy a five-year licence, the cost of which varies according to the location. It is known that the licence fee for a five-star hotel in Kyiv to open a casino with more than 150 rooms is $10.4m.  As well as the one-off fee for their licence, casinos must pay $30,500 per year for each gaming table and $2,000 operation fee for each slot machine.(2021/05/21)

 
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