KRAIL has established new rules for the gambling business

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The Commission for the Regulation of Gambling and Lotteries of Ukraine (KRAIL) has published the first rules of responsible gambling in the country. The norms strictly regulate a number of aspects of the work of operators of the local gambling sphere.

The rules define responsible provisions on gambling entertainment for companies within the new market after last year Ukraine adopted a bill on the legalization of a wide range of gambling verticals.

Among the accepted norms, there is a serious restriction on bonuses for existing players. Thus, according to the document, operators “are obliged to refrain from providing players with any bonus payments and/or remuneration with goods, services as incentive measures, the provision of which is directly or indirectly related to the client’s losses in a certain game.”

In other words, from now on, gambling companies will not be able to offer a bonus to their visitors or give it away, because they lost money in the process of entertainment. In addition, all players should be able to independently exclude and set deposit limits. Users should also get the right to take into account the amount of time they spent at gaming tables or slot machines.

KRAIL also requires all operators operating within the Ukrainian jurisdiction to train their employees to recognize possible signs of gambling addiction in a particular client of a casino or bookmaker.

However, the development of the legal gambling entertainment industry in Ukraine is hindered by problems in the Tax Code. In February of this year, the Legislative Committee of the Verkhovna Rada of Ukraine put forward for a vote bill 2713-d, which sets tax rates at 10% of gross income for all verticals of this business.However, the parliamentarians have not yet voted for this initiative. According to Darren Keane, executive director of Storm International, this circumstance will not allow Ukraine to receive a sufficient amount of foreign investment.

Recall that in Ukraine, a “stop list” of citizens who are prohibited from entering gambling establishments has been launched.

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