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Analysis

Gambling in Ukraine Thrives Amidst War: Boosts Revenue to National Budget, analysis by UGC

Wednesday 05 de March 2025 / 12:00

2 minutos de lectura

(Kyev).- The Ukranian Gambling Council analyzes the gambling sector in the midst of the war. "While many sectors of the economy have faced significant disruptions, the gambling industry in Ukraine not only continues to function but also shows signs of growth," it says. It remarks that this sector has successfully adjusted to the new conditions and remains a vital source of revenue for the state budget, aiding in the funding of essential social programs and supporting the Armed Forces of Ukraine. Read more in this article.

Gambling in Ukraine Thrives Amidst War: Boosts Revenue to National Budget, analysis by UGC

Gambling sector set a new record in Ukraine

In the first months of 2025, the gambling business set a new record for state budget revenues. According to the State Tax Service, tax payments from legal gambling business organisers totalled UAH 735.63 million, which is 74.2% more than in the same period of 2024. This proves that legal gambling not only survived and withstood the difficult conditions, but also managed to find ways for growth and development.

Increase in tax payments

Such a significant increase in tax payments also shows that legal gambling businesses continue to adapt to new regulatory requirements, trying to be transparent not only for players but also for government control bodies. Since legalisation, despite all the challenges, including the war, legal gambling companies have managed to turn the gambling industry into a regulated sector of the economy.

Paying taxes in such volumes is a sign of business integrity and its readiness to support the country in difficult times. At the same time, in addition to financial revenues to the budget, the gambling business is also actively involved in supporting the Armed Forces. Funds from charity events and various initiatives of legal organisers are used to purchase equipment and help the military. Thus, legal gambling is becoming not just a commercial area, but also an important partner in restoring national security.

Gambling sector: Resilience and ability to grow

However, the efforts of legal organisers to fill the state budget are not without problems. While they are working and paying taxes responsibly, illegal gambling is flourishing, represented, in particular, by lottery operators , who do the exact opposite - they work without licences, do not pay taxes, and imitate gambling without appropriate permits.

Amidst all these changes, the gambling business in Ukraine has demonstrated resilience and the ability to grow, becoming an important element of the economy. The transformation of this industry in the face of severe challenges shows that even in the most difficult times, it is possible to find opportunities for growth.

Message for regulators

It is also important that regulators understand this, as their task is to create favourable conditions for business development and support it in difficult times, especially if the business wants to operate and grow. Not only does the further development of the industry depend on favourable regulatory conditions, but also the billions of taxes and licence fees that go to the state budget every month and fund, among other things, the needs of the army.

Categoría:Analysis

Tags: Sin tags

País: Ukraine

Región: EMEA

Event

ICE Barcelona 2026

19 de January 2026

Toni Karapetrov from Habanero on ICE Barcelona 2026: Regulated Growth, Localization and Strategic Expansion Drive 2026 iGaming Strategy

(Barcelona, Exclusive SoloAzar).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, shares insights from ICE Barcelona 2026, highlighting premium content innovation, high-level industry engagement, key iGaming trends such as localization and gamification, and the company’s strategic focus on regulated market expansion and sustainable growth in 2026.

Friday 13 Feb 2026 / 12:00

Johnny Ortiz, Founder of Zitro: "Our participation in this second edition of ICE Barcelona has been a resounding success"

(Barcelona, SoloAzar Exclusive).- In this interview, Johnny Ortiz reviews Zitro's participation at ICE Barcelona 2026, analyzes the impact of its new FANTASY and ILLUSION products, and reveals the company's strategic priorities for 2026, including international expansion, technological innovation, and strengthening its position in the Spanish market.

Friday 13 Feb 2026 / 12:00

R. Franco Strengthens Its Global Positioning Following a Strong Presence at ICE Barcelona 2026

(Barcelona, SoloAzar Exclusive).- R. Franco Digital's participation at ICE Barcelona 2026 delivered a highly positive outcome for the company, which leveraged the event to consolidate its international presence, showcase its latest innovations for both land-based and online segments, and generate key business opportunities across Europe and Latin America.

Wednesday 11 Feb 2026 / 12:00

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