Ukraine year-to-date gambling licence fee revenue reaches US$23.2 million

Ukraine year-to-date gambling licence fee revenue reaches US$23.2 million

Article brief provided by iGaming Business
  • Robert Fletcher, iGaming Business
November 6, 2022 9:57 AM
  • Robert Fletcher, iGaming Business

Revenue generated from licence fees in Ukraine during the 10 months through to the end of October amounted to UAH856.5m ($23.2m), according to the Ukrainian Commission for the Regulation of Gambling and Lotteries (Krail).

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The official figures also showed the amount spent on the regulator from the state budget in the same period reached UAH79.7m, representing 9.3% of its revenue for the 10 months.

Krail also posted statistics for all of 2021, during which revenue stood at UAH1.58bn, with 7.9%, or UAH125.5m, being spent on the regulator.

For the entire 22-month period, stretching from January 2021 to the end of October this year, total receipts from licence fees in the country amounted to UAH2.44bn. This, Krail said, outweighed expenses by 91.6%.