As Ukraine successfully starts legalization gambling business in the country ? controlled as per European gambling market standards ? Parimatch has laid hands on the fundamental position bookmaker license. Close to having a 11-year weak side, the state finally got round to gambling market regulation. It was as per the situation of European countries. The state will redirect funds made from the proposal of licenses to the spending plan in favor of social needs: healthcare, education, sports, culture, and various regions.
Parimatch Is Looking To Be A Leader In Gambling Business
As the gambling business pioneer in the CIS countries, Parimatch holding continues developing its quality nearby and is preparing for a verifiable dispatch on the area of Ukraine. “We are the first on the market not simply in nature of services and level of technological development yet what’s more in consistence with the standards of a direct business environment. Parimatch was brought into the world in Ukraine, and we are happy to finally definitively return and help develop the business in our country of inception. Legalization of the gambling business will help Ukraine with making funds for the monetary arrangement and scatter them where they are continually required ? for social needs.” ? Sergey Portnov, CEO of Parimatch, commenting on the commission’s decision.
Legalization of the gambling market in Ukraine opens up opportunities for foreign investment, subject to tax authorization reform. At this stage, the cost of licenses close by taxation is the most imperative in Europe and doesn’t ensure the most charming investment conditions in the as of late emerging real betting market. If the public power meets the market halfway and completes tax order, Ukraine will deliver its potential as an Eastern European gambling community point, like Malta or Manila. The presumed organization was first set up in Ukraine, and they’ve finally returned! This is a particular test and basic commitment in regards to us, so they will outfit the Ukrainian group with the best the gambling business can give the player. “Ukraine can turn out to be the principle stage in the Eastern European market, and we are having everything to make this thought a reality,” said Natalia Gilevich, CEO of Parimatch UA.