3 Oaks Gaming Delivers Its Portfolio in Ukraine with PIN-UP Deal!
Many European countries have legalized gambling years ago, and some are still preparing the grounds to regulate the activities and avoid illegal gambling. Some have embargoed it for good, but most are preparing the legislation that would end illegal activities and regulate gambling for the greater good.
Now, Ukraine is one of those countries where gambling has a turbulent history. Today, it can be enjoyed by many in the country, but that was not always the case. The question is: are all gambling activities legal in Ukraine nowadays?
In 2009…
…all forms of gambling in the country were prohibited. The reason for the prohibition was a fire that caught a gambling establishment and killed nine people in Dnepropetrovsk. The government excluded gambling from the list of economic activities licensed to operate and extended the prohibition in 2010. The ban on gambling, however, did not apply for lotteries. The Ukraine National Lottery was given permission by the government to establish a national lottery system, and hold an exclusive monopoly license.
It was not until…
…2015 when the Ministry of Finance drafted the On Gambling in Ukraine bill to set out proposals for regulating gambling within Ukraine. The bill wanted to establish the organizational, legal framework that would enable operators to conduct gambling in the country. To oversee the industry, the National Service for Gambling was set up.
And while the intention…
…was to legalize gambling no later than 2018, there were several obstacles. President Zelensky commissioned the legislators to legalize gambling by ing laws by the end of the year, with aims to increase the tax revenue in the country. The parliament released the bill, where it stated that gambling would be allowed in hotels. But, it said that it would legalize online gambling, too. The Land-Based and Interactive Gambling Legislation Bill was ed in January 2020, and as of August 2020, Ukraine is a country with legal land-based and online gambling.
In February 2020…
…as the country was preparing for potential online gambling regulation in the market, the authorities announced a crackdown on illegal operators targeting Ukrainian players. The Ukrainian Cyber Police ganged up with the Office of Strategic Investigation in the Kyiv region to bust a number of illegal online casinos claiming to be legitimate IT development businesses. Ahead of regulation of the market, the Ukrainian telecom regulator has asked ISPs to block 32 online gambling websites.
When President Zelenesky signed the Gambling Act…
…in August 2020, not only land-based but online casinos were given the green light to apply for licenses. When the bill was introduced, it proposed 10 online casino licenses, five online poker licenses and 10 online betting licenses. For table games, the fees are 10% of gross win, for gaming machines 12.5% and for sportsbetting 5% of gross win.
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Given the fact Ukraine is now…
…a country with legal online gambling, as long as you’re playing at a site licensed by the Ukrainian State Directorate for Gambling, you can enjoy a limitless number of online casino games and all the other perks the casino offers. These include loyalty programs and other benefits. Do not try playing at sites which are not licensed by your government, because you’ll be playing at illegal sites.
Considering you choose a licensed casino…
…and you it, you can enjoy all sorts of online gambling activities. Whether you’re into sports betting, online poker or online casino games like Habanero, among other developers. Therefore, you can rest assured that you’ll get a gambling experience on a world level.
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You can rest assured…
…that the games you’ll be playing are perfectly fair and random, running on a Random Number Generator. This is a device that using an algorithm generates only random game results. The RNGs in the games by these developers are constantly overseen and controlled by third-party auditors, therefore, you can rest assured that they are all legit.
As mentioned…
…you can claim all sorts of bonuses and promotions, too. There are Ukrainian online casinos which offer Welcome Bonuses, Reload Bonuses and Cashbacks, and allow you to participate in tournaments and competitions. But these online casinos also offer great Neteller and other prepaid cards, vouchers and mobile payment solutions to fund your online casino and cash out your winnings with.
The best part is…
…that you can deposit and withdraw in your own currency, the Ukrainian hryvnia, so you won’t need to pay currency conversion fees as you would need to if you were playing at an international online casino site. On that note, another thing you’re getting for playing at a site licensed by your own country is high player protection. Players across international online casino sites are treated fairly, but those that play at casinos with local licenses have a better back up. In case you are treated unfairly, or you experience a problem with the site you’re playing at, by ing the right authorities, you’ll get a just and fair solution.
The bottom line is…
…as a Ukrainian player, you can enjoy both land-based and online gambling across licensed establishments and sites. You won’t need to worry about the fairness of the games and the entire experience, the currencies, the payment methods… nada. All you need to do is choose your game and start playing! Enjoy it!