Head of the All-Ukrainian Gambling Council Anton Kuchukhidze in his interview told about one of the main advantages of the legalization of gambling in Ukraine. According to the expert, the withdrawal of the gambling sphere from the “shadow” to the official plane will stimulate the development of business activity in the country and attract foreign investment.
An important step towards the detenization of this industry was the holding of the first Ukrainian gambling exhibition called “Gaming Industry”since 2009. According to Kuchukhidze, as a result of the organization of this event, Ukraine became the fifth country of the Old World where such events were held.
He noted that at the exhibition, which was attended by the head of the Commission for the Regulation of Gambling and Lotteries (KRAIL) Ivan Rudy and Boris Baum, the First Deputy of the Consulting and Expert Council of KRAIL, presented products and services of operators from 11 countries. This indicator is a “PR” for Ukraine, the functionary is sure.
“Behind-the-scenes communication with representatives of Western business has once again confirmed their interest in the Ukrainian jurisdiction. However, they cannot determine their strategy until the tax issue is resolved. Major operators monitor the development of our market, but there are certain legislative obstacles. The early adoption of new tax rates can move the solution of this problem from the dead point and fill the budget with foreign investment, ” Anton Kuchukhidze is sure.
According to the expert, the “Gaming industry” has become a catalyst for the development of a constructive dialogue between the state and representatives of the gambling business. Earlier, according to the head of the Ukrainian Gambling Council, there were no such contacts, since state institutions “did not fully understand the consequences” of the law on the legalization of the gambling industry adopted last summer.
Recall that the Billionaire casino in Kiev earned 7 million hryvnias for the first month of its operation.