The Latest in ukraine
Blockchain
March 10, 2022
Stake.com Donates $1M to Humanitarian Efforts in Ukraine
Stake.com has become the latest gaming operator to condemn the violence in Ukraine conducted by the Russian armed forces. The company has donated $1 million or 25.63 bitcoin to victims of the war in the country and has thus joined a global humanitarian relief effort designed to help the refugees of the conflict. Ukrainians Suffer […]
Business
March 7, 2022
Playson Praises Its Ukrainian Team Efforts to Defend Their Country
Playson has lauded the efforts of its Kyiv-based development arm amid the city siege which has put a strain on the iGaming content supplier’s production capabilities. The studio has openly condemned the war waged on Ukraine by Russia which started with airstrikes across the country on Thursday, February 24. Playson Stands By Its Ukrainian Team […]
Business
March 7, 2022
Genius Sports Shuts Down for Belarusian and Russian Businesses
Genius Sports has become the latest iGaming company to send an unequivocal message as to where it stands on the Russian invasion of Ukraine and Belarus’ complicity in the matter. As of Sunday, March 6, Genius Sports has suspended all of its commercial relationships in the two countries, citing the unprovoked attack on a democratic […]
Industry
March 4, 2022
Gaming Industry for Ukraine Seeks to Help Refugees of Russian War
Gaming Industry for Ukraine is an initiative that has been formed to respond to the unprovoked war Russia declared on its democratic neighbor. The GoFundMe campaign hosted by several gambling organizations will seek to provide refugees with up to £250,000 ($333,000) in relief funds. The funds will go directly to Choose Love, a crisis fundraiser […]
Industry
March 4, 2022
MGA Advises License Holders to Ensure They Comply with Sanctions
The Malta Gaming Authority will be actively reevaluating its licensing conditions in light of the war Russia waged on its democratic neighbor last week. The regulator has said that license holders would need to comply with the sanctions imposed on Russia for declaring war on Ukraine. MGA Warns Licensees to Adhere to Sanctions on Russian […]
Business
March 4, 2022
Czech Business Leaders Condemn Russian War in Ukraine, Offer Humanitarian Relief
Czech entrepreneurs and business leaders Karel Komárek and Robert Chvátal have condemned the Russian war in Ukraine which has led to the senseless and brutal oppression of the Ukrainian people. The war launched with a premeditated strike by the Russian side on Thursday, February 24, which led to the large-scale invasion of Ukrainian territory by […]
Business
February 28, 2022
Parimatch Announced $1m Fund to Support Defense of Ukraine
Sports betting operator based in the CIS region Parimatch joined the international effort to provide support to Ukraine by launching a UAH30 million ($1 million) fund. Funds for Ammunitions, Food and Medicines The decision to provide the funds for defenders of Ukraine that are currently fighting against the invading Russian armed forces was announced in […]
Sports
December 20, 2021
Oleksandr Zinchenko Named Official VBET Brand Ambassador
VBET, an Armenian-based online sports betting and gaming brand, announced Ukrainian national soccer player Oleksandr Zinchenko as its official ambassador. Expand Ukraine’s Presence VBET, part of BetConstruct Group, announced a collaboration with the prominent soccer talent and current player of English Premier League (EPL) Manchester City as part of its ongoing efforts to establish a […]
Industry
December 6, 2021
Ukraine’s Vote on Gambling Law Amendments Delayed Again
A bill that seeks to implement changes to the provision of national gambling law in Ukraine was put aside by the national legislature implying further delays to the legal process. Vote Did Not Go Ahead Bill 2713-D that also has provisions for Tax Code amendments was on the Parliament’s agenda for voting on Friday, December […]
Industry
October 13, 2021
Ukraine Gives Illegal Operators Three Days to Comply
Ukraine is sending an unequivocal message to unlicensed operators as the country’s recently-formed regulator KRAIL, or Commission for the Regulation of Gambling and Lotteries has published guidelines that will advise a course of action against unauthorized gambling websites. KRAIL Begins Targeting Illegal Gambling Businesses Joining the family of regulated markets, Ukraine is quickly looking to plug the hole […]