Gaming: Growing Popularity and New Opportunities

GAMING: GROWING POPULARITY AND NEW OPPORTUNITIES

The gambling industry continues to develop dynamically, attracting new participants and increasing market volumes. However, for further growth and increasing revenues for both operators and the state, it is necessary to improve tax and regulatory policies.

Key measures to stimulate development

REDUCTION OF TAX BURDEN

Lowering rates for operators and simplifying the taxation of player winnings will help attract new participants to the market. This, in turn, will lead to increased business volumes and increased budget revenues. 

DIFFERENTIATED TAX RATES

Introducing tax gradation depending on the size of the company and its revenue will support small and medium-sized businesses, creating fairer conditions for all participants.

FIGHTING THE ILLEGAL SECTOR

Introduction of modern  control tools, including monitoring
online platforms,  will help
minimize the share of illegal business and ensure equal conditions for all participants.

SIMPLIFYING THE LICENSING PROCESS

Reducing the cost and simplifying the process of obtaining licenses will make the market more accessible, which will lead to an increase in the number of legal operators and increased competition.

STABILITY OF LEGISLATION

Developing a long-term strategy for the development of the gambling industry and establishing clear tax rules will create trust among investors and market participants, contributing to its sustainable development.

The gambling industry in Ukraine has significant potential for growth and investment. Optimization of the tax system and regulatory norms will create a fair and efficient environment that is beneficial for both business and the state. Sustainable development of this sector will be an important contribution to the country's economy and strengthen its position in the international arena.