PlayCity started issuing licenses: budget to be replenished by $50 million
Kyiv • UNN
The state agency PlayCity has started issuing licenses for online casinos, B2B software manufacturers, and gambling equipment. An additional $50 million is expected to be added to the budget.
The State Agency for Regulation of Gambling and Lotteries PlayCity has started issuing licenses. This is reported by UNN with reference to PlayCity.
Details
As noted by the agency, the budget will be additionally replenished by $50 million. They added that they have already received the first requests in the following three areas:
- for online casinos;
- for B2B software manufacturers;
- for gaming equipment.
The agency's goal, according to them, is to create "a transparent, civilized gambling market with clear rules and equal requirements for all participants."
It should function as a full-fledged sector of the economy that consistently replenishes the budget. Revenues from the industry to the state budget will be directed to strengthen the country's defense capabilities
Recall
The Prosecutor General's Office ensured the transfer of arrested assets of the online casino "Pin-Up" totaling over 2.6 billion hryvnias to the state budget of Ukraine.