Ukraine’s regulator regroups to restore the besieged country’s gambling industry

Ukraine’s regulator regroups to restore the besieged country’s gambling industry

Article brief provided by SBC News
  • Ted Menmuir, SBC News
August 8, 2022 10:22 PM
  • Ted Menmuir, SBC News

Anton Kuchukhidze, Chairman of KRAIL – Ukraine’s Gambling and Lotteries Council – has provided an update on Ukrainian gambling developments under the active Russian aggression.

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Speaking to CIS markets news sources SBCCIS, Kuchukhidze disclosed that KRAIL had re-established its regulatory duties five months following Russia’s illegal invasion of Ukraine.

KRAIL governs a marketplace that has been severely disrupted by the conflict across all Ukrainian provinces, especially in the occupied eastern cities such as Kherson and Mykolaiv.

However, Kuchukhidze and KRAIL executives remain steadfast in their commitment to restore an active gambling market, reopened alongside other domestic industries, as Ukraine’s business and economy requires.