Expert: "Ukraine will take second place in the CIS gambling market"

Head of Dentons Gambling and Gaming Practice in Russia and CIS Ilya Machavariani spoke at SBC Barcelona-Digital Summit. The expert spoke about current events in the field of gambling entertainment in the post-Soviet space.

In his speech, he said: “The main thing is that the CIS has begun to open up. I mean Ukraine, Uzbekistan, Russia. All these countries are trying to somehow work on the development of the gambling business. As a lawyer, I see that the regulators and the people in these countries who are responsible for the new laws are really applying the best international practices.”

The situation with the legalization of casinos in Ukraine deserved special attention in his speech: “It's really good that Ukraine is trying to be open to the international community. Everyone will notice this because the local gambling legislation, which appeared only a couple of months ago, was covered in all the leading gambling and online casino magazines. If you look at the post-Soviet space, then Ukraine will take second place after Russia in terms of market size. It's very interesting for large companies."

He added, "I think that in a couple of years it will be a good time for everyone to move in this direction and look at the CIS."

Также Мачавариани не обошел вниманием ситуацию на российском рынке. В частности, эксперт оценил разработку и внедрение местного игорного законодательства: «В России все происходит очень быстро, особенно когда речь заходит об изменении законодательства».

Recall, on July 14, the Verkhovna Rada of Ukraine adopted a law on the legalization of gambling in the country.

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