On July 14, the Verkhovna Rada (Parliament) of Ukraine lifted the ban on gambling by adopting the draft law “On state regulation of activities in the organization and conduct of gambling” (2285d) in the second reading and as a whole. The introduction of the ban in 2009 had not lead to the disappearance of gambling, but instead simply created “grey” and “black” gambling markets in Ukraine, amidst growing criminalization (the gambling business was bypassing prohibition by using gaps in legislation. Various types of gambling were acting under the guise of forms allowed by the legislation , primarily lotteries and similar betting games).
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Key Political Risks Facing Central & Eastern Europe and the South Caucasus in 2025
2025 will be a year of substantial challenges for international businesses globally. International investors in Central & Eastern Europe and the South Caucasus should be