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Ukraine proposing the legalisation Of Gambling
Wednesday December 2,2015 : UKRAINE LOOKS TOWARDS LIBERALISING GAMBLING MARKET
Sweeping changes across all gambling sectors proposed.
The Ukraine Finance Ministry is proposing the legalisation and regulation of all forms of gambling in the country from retail to bricks and mortar casinos to online gambling.
The proposal, published on the Ministry’s website this week, calls for the establishment of a national service for gambling, coordinated by the Finance Ministry’s Cabinet of Ministers.
Further proposals point toward inviting license applications from entities who can provide Euro 2 million in cash guarantees. Licenses would come at a cost to online operators of Euro 1.5 million per annum.
A single lottery concession would be awarded through a tender process.
Bookmakers would face restrictive conditions on where their business may operate from in terms of location and area in which they are placed in buildings. They would need two licenses, the first a bookmakers license at Euro 1.5 million per annum and the second for each shop at a cost ranging from Euro 1,500 to 3,000 each. Bookmakers will be able to offer their business online under the license.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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