Compliance Updates
Ukraine’s Evolving Gambling Landscape: Insights from the Panel of European Gaming Congress in Warsaw
The panel discussion last week, at the European Gaming Congress made me feel inspired to contemplate on critical facets of Ukraine’s burgeoning gambling industry, positioning the nation as an appealing prospect for Western European investors. Although unique challenges, including historical financial corruption and external pressures, exist, Ukraine’s European identity makes it an attractive hub for investment. As the country grapples with ongoing conflict, it must simultaneously address customary market concerns such as safeguarding against Russian interference and protecting the personal data of its citizens.
A striking parallel emerged between Ukraine’s gambling landscape and the realm of cryptocurrencies, where combating money laundering and terrorist financing poses significant challenges. The National Bank, equipped with the capacity to monitor financial flows, plays a pivotal role, in conjunction with law enforcement agencies. A comprehensive strategy to combat mis-selling and gray schemes is being executed by the National Bank of Ukraine, alongside the Commission and the Ministry of Finance, resulting in the revocation of licenses, particularly among operators with Russian ties. Comparable license revocations have occurred in several European nations that have issued cryptocurrency licenses.
However, amid the ongoing struggle against these challenges, errors have emerged, exemplified by the imposition of sanctions on prominent Ukrainian industry leaders like Parimatch and Pokermatch. These sanctions have not only significantly impacted the legal gambling sector but have also cast a shadow of caution over Western investors. Notably, the President’s directive to the Cabinet of Ministers, prompted by a citizen petition with 25,000 signatures, seeks to investigate the circumstances leading to the inclusion of Parimatch in the sanctions list of the National Security and Defense Council.
In the wake of the Parimatch case, it’s worth noting that the Cosmolot brand has also recently faced heightened scrutiny, with law enforcement agencies conducting searches and investigations, further emphasizing the need for a robust law enforcement process. Ukrainian Gambling Council, representing 80% of licensed gambling operators, committed to serving its members by actively working on player protection, advertising regulation, and acting as a valuable business ombudsman for the industry, contributing to a more secure and transparent gambling landscape in Ukraine.
As technical impediments are surmounted, the regulatory body demonstrates its efficiency. Critical issues, such as streamlining market access through license issuance, promoting responsible gambling, stricter advertisement rules, and reinvigorating investments, are coming to the fore.
Once the security concerns are addressed, Ukraine is poised to unleash pent-up demand in its gambling sector. This situation will spur investors to contemplate their entry into the market, whether through direct investment, partnerships, or mergers and acquisitions, underlining the evolving landscape of opportunities in Ukraine’s vibrant gambling industry.
Article by Viktoriya Zakrevskaya, Founding Member and Deputy Chairwoman for Communications, Ukrainian Gambling Council
Viktoriya was a speaker at the European Gaming Congress by Hipther, that took place on 31 October at the InterContinental Warsaw. She discussed the emerging Ukrainian iGaming market at the Panel “The Greek Odyssey, La Dolce Vita, La Fiesta Española, The Ukrainian Spirit, and The Portuguese Fado”.
Evoplay, the award-winning game development studio, has expanded its reach after securing a supplier licence from the Alcohol and Gaming Commission of Ontario (AGCO), marking its official entry into the Canadian market.
The licence allows Evoplay to offer its gaming portfolio to Ontario’s licensed operators, bringing its innovative titles to one of North America’s most dynamic regulated markets.
As a province with a strong player base and well-established iGaming framework, Ontario represents a key opportunity for Evoplay’s continued global expansion.
With a diverse portfolio of slots, table games, crash, and instant games, Evoplay is known for delivering engaging content that resonates with modern audiences.
This move reinforces the company’s commitment to entering new regulated markets and working closely with local partners to provide high-quality gaming experiences.
With further growth plans on the horizon, Evoplay continues to strengthen its global footprint, bringing its signature gaming experiences to new audiences worldwide.
Ihor Zarechnyi, CCO at Evoplay, said: “Receiving an Ontario licence is a significant milestone for us as we expand into North America.
“Ontario’s iGaming market has grown significantly, and we’re excited to bring our content to local players while building strong partnerships with operators in the region.”
The post Evoplay enters the Canadian market with Ontario licence approval appeared first on Gaming and Gambling Industry in the Americas.
The Australian Communications and Media Authority (ACMA) has requested the Australian internet service providers (ISPs) to block more illegal online gambling sites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.
The latest sites blocked include Crown slots and Billy billion.
Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 1178 illegal gambling and affiliate websites have been blocked.
Around 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal online gambling rules in 2017.
The post ACMA Blocks More Illegal Online Gambling Websites appeared first on European Gaming Industry News.
The Regulating the Game 2025 Sydney conference has officially concluded. Over the three days, global regulators, industry leaders, policymakers, researchers and compliance professionals gathered at the Sofitel Sydney Darling Harbour.
With an unparalleled lineup of expert speakers, masterclasses, and panel discussions, the event reinforced its position as the must-attend conference for gambling regulation and compliance professionals.
From Michael Phelan APM’s keynote on the battle against organised crime to Bo Bernhard’s exploration of the “Fun Economy”, attendees were challenged to rethink conventional approaches and explore innovative solutions.
Crown Resorts CEO David Tsai led a compelling discussion on Crown’s pioneering PlaySafe solution, positioning the company as a global leader in safer gambling innovation. His insights reinforced the need for proactive, technology-driven approaches to responsible gambling and regulatory excellence.
Other high-impact sessions featured:
• Titus O’Reily on the rise, fall, and resurgence of sports gambling in Australia.
• Dr Ron Ben-David (VGCCC) offering an unfiltered perspective on the evolving landscape, responsibilities and challenges facing regulators today.
• Professor Alison Taylor on building an ethical corporate culture.
• Brendan Thomas, CEO, AUSTRAC, on AML and financial crime risks, regulatory expectations and the work still to be done.
• Barni Evans (CEO, Sportsbet) with a walk through wagering history, acknowledging missteps and discussing the industry’s future direction.
As technology continues to reshape the gambling sector, discussions on RegTech, AI, cashless gaming and cybersecurity dominated the agenda. Experts including Ian Hughes, Jamieson O’Reilly, Tracy Schrans, Jay Robinson, Donata Szabo and Elizabeth Lusk explored the risks and opportunities presented by emerging technologies, outlining how regulatory frameworks must evolve to maintain integrity while embracing innovation.
The Artificial Intelligence Panel, led by Christopher Logan from Amazon Web Services, examined AI’s role in the future of betting, compliance, and risk mitigation, sparking valuable discourse on security, privacy and regulatory oversight.
One of the most anticipated segments of RTG 2025, Pitch! provided a platform for innovators to showcase game-changing research, technology and compliance solutions. The event, hosted by Rob Lopez from Norths Collective, culminated in a thrilling Pitch! Challenge, where Focal Research Consultants’ Focal Go solution emerged as the winning innovation, underscoring the power of data-driven approaches in enhancing responsible gambling outcomes.
RTG 2025 Sydney wasn’t just about insights—it was about connections. With networking events at iconic Sydney venues, including Dean & Nancy on 22 and Alpha, delegates forged new partnerships that will drive future collaborations and strengthen regulatory and industry ties.
The post Regulating the Game 2025 Sydney Conference Concluded appeared first on European Gaming Industry News.
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