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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

SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences

(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.

Friday 07 Nov 2025 / 12:00

Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe

(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.

Thursday 06 Nov 2025 / 12:00

SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year

(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.

Wednesday 05 Nov 2025 / 12:00

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