Casino Life Ukraine Issue 08 International Edition

Page 15

Feature: Anton Kuchukhidze

Ukrainian Gambling Council

Why does the criticism of legal gambling continue despite all the success of the reform? Anton Kuchukhidze, Chairman of the Ukrainian Gambling Council

E

ven though the gambling sector had a substantial positive effect on the Ukrainian economy after its legalization at the end of 2020, we still come across dozens of media publications and “analytical” pieces criticizing the industry. Opponents of the reform claim that legalization of gambling failed to bring planned revenues to the state budget, the profile draft law Issue 08

on taxation 2713-д will decrease the taxation of the gambling business and numerous technical issues remain unsolved. Why do these manipulations take place? Let’s take a closer look. Since the issuance of the first gambling license at the beginning of 2021, the state budget received over 1.7 billion hryvnias in license payments only. Experts estimate the overall cumulative effect for 15


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