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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

G2E - Las Vegas 2025

06 de October 2025

Korbi Carrison on 25 Years of G2E: "It’s crucial to stay ahead of trends"

(Las Vegas, SoloAzar Exclusive).- In this interview, Korbi Carrison, Event Vice President of G2E at RX USA, reflects on the success of G2E’s 25th anniversary edition in Las Vegas, sharing insights on the event’s evolution, key highlights, and what this landmark celebration means for the future of the gaming industry.

Tuesday 04 Nov 2025 / 12:00

CT Interactive on Innovation, Networking, and Market Growth at G2E 2025

(Las Vegas, SoloAzar Exclusive).- The global gaming industry marked G2E’s 25th anniversary with a major gathering in Las Vegas. CT Interactive stood out for its innovative product development and international growth strategy. Account Manager LATAM at CT Interactive, Roberto Muñoz, shared insights on G2E’s importance, emerging trends, and the company’s collaborative expansion efforts.

Thursday 30 Oct 2025 / 12:00

Atlaslive Explored the Future of Gaming in Latin America at Recent G2E 2025

(Las Vegas, SoloAzar Exclusive).- Bruno Almeida, Head of Sales LATAM at Atlaslive, attended G2E for the first time to explore how land-based and online gaming are converging. His experience highlighted key trends shaping the Latin American market, from immersive casino innovations to strategic networking and regulatory insights.

Monday 27 Oct 2025 / 12:00

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