Ukraine’s betting legalisation approval delights Parimatch. Parimatch Holding welcomes the results of the significant vote held today. It is a landmark moment for the liberalizing economy of both the international betting industry and Ukraine.
Developing a fair and regulated betting market is fantastic news for Ukraine. It shows the world that they are ‘open to business.’ It will attract international investment into, and help grow, important sectors of technology and payments that are the basis of betting industry. It will also raise much needed revenue for the state budget through the license fees and tax contributions.
The Bill includes many best-standard international practices that will form the framework of a transparent and competitive market. We eagerly wait for President Volodymyr Zelenskyi to sign it and deliver on his ambitious pledge to legalize betting to support Ukraine’s new economy. After the Bill is finally ratified, we believe there is a requirement to reform the Tax Code of Ukraine to accompany this regulatory framework; ensuring the long-term viability of the industry in Ukraine.
Parimatch is proud of the platform that we offer our millions of customers internationally. After 11 long years, we are delighted to finally be able to provide these products to our home market and entertain the people of Ukraine. We have all waited long enough.
[image: Max Kukurudziak]