News

Strictly only operating in white market jurisdictions, Parimatch is looking forward to adding Ukraine to its list of licenced operations which also includes Kazakhstan, Tajikistan, Belarus and Cyprus, while elsewhere in the world the company provides the opportunity for partners to franchise the renowned ‘Parimatch’ trademark across the globe.

On August 11, the President of Ukraine Volodymyr Zelensky signed the bill 2285-d “About state regulation of activities related to organization and conduct of gambling”. The new law came into effect the next day after publication – on August 13.

Today many people wonder how the law will be enforced, as well as how much revenue legalization may bring to the state and private sector. How to enter the country’s gambling market and legally earn money? Where to find partners, distributors of gambling hardware and software?

The President signed the law on gambling business, despite the legal conflict with the regulatory authority.

President Vladimir Zelensky signed a law on gambling business regulation. This was reported on the website of Parliament on Tuesday, August 11.

Zelensky has legalized the gambling business.

The AGEM Index increased by 13.55 points in July 2020 to 420.86 points, a 3.3 percent gain from June 2020. Six of the 13 AGEM Index companies reported stock price increases amid the ongoing global economic impacts due to the COVID-19 pandemic. The stock price for Aristocrat Leisure Limited (ASX: ALL) increased by 2.7 percent, accounting for a 12.43-point improvement in the AGEM Index, while Scientific Games Corporation (SGMS) experienced a 13.7 percent stock price jump that led to an index contribution of 3.79 points.

The question – Who is the new owner of the Dnipro Hotel? – has been discussed since the very moment that the property was sold on July 15 for UAH 1.1 billion. AIN.UA’s publisher was the first to get an exclusive interview from the winning bidder. The latter turned out to be Alexander Kokhanovskyy, the founder of the country’s most successful esports organization, Natus Vincere, the former co-owner of ESForce, and the founder of DreamTeam startup.

WASHINGTON – New American Gaming Association (AGA) research shows consumers are moving their business away from illegal bookies and toward legal options. Average spending with illegal bookies fell 25 percent in legal sports betting states last year, while legal online and mobile betting spend increased 12 percent. Illegal offshore operators also saw a three percent increase in states with legal sports betting.

New Jersey gaming regulators gave the final approval Friday for a $17.3 billion merger   of Eldorado Resorts Inc and Caesars Entertainment Corp, clearing the way for a deal that will create the world’s biggest casino company.

Monday, July 20: Games and adult entertainment will soon return to cities and towns across the country, after The Grosvenor Casino today announced that it is preparing to open its venues from Saturday, August 1.

Under current government directives, 44 casinos across the country will welcome returning friends and family to enjoy the fun and excitement of visiting the casino for the first time since Grosvenor temporarily closed its facilities in March due to lockout restrictions.

The new director of the Gaming Inspection and Coordination Bureau (DICJ), Adriano Marques Ho, has paid a visit to local gambling venues to inspect the casino operators’ implementation of the new measures aimed at preventing the Covid-19 epidemic, according to a DICJ press release.

Mr Ho met with security management representatives from all six concessionaires and sub-concessionaires and asked them to fulfil the new requirements in controlling the entrance of visitors and customers with a view to guaranteeing the hygiene and health of its workers and clients.

Ukraine’s long-awaited large-scale privatization has officially begun.

On July 15, the state-owned four-star Dnipro Hotel, located in the Kyiv city center, was sold for $41 million to a private investor through the ProZorro online procurement platform.

The final sale price was almost 13 times higher than the initial price, with 29 participants submitting their offers in the open bidding. And the auction ended with a surprise: the winner, a dark horse Ukrainian company called Smartland, paid only $4 more than the runners-up.