On June 15th, 2010 the Russian Gaming Week Conference was hosted in the Russian capital, Moscow. One of the leading themes was the expected terms for the removal of the ban on gambling business in Ukraine. Possible future changes of the gambling legislation in this country was under discussion also.

In Ukraine gambling businesses have been banned since June 25th, 2009. According to the Government decision, the ban should remain until the approval of special legislation allowing casinos in specially created zones. However, the legislation was not passed and now, after a year, the Government of Ukraine is considering plans for the development of the gambling industry in the country.

The Government's intentions for the future development of the gambling industry in Ukraine are quite serious. During the days of G2E Asia 2010 in Macau, a group of representatives from Ukrainian businesses visited the gaming exhibition. Chairman of the Board of Directors of the Alsart Group, Lyubov Loginova, was a member of the delegation, which also included several officials responsible for the development of gambling business in Ukraine. They visited the expo as well as local casinos - for a better understanding of the industry and the nuances of the organization of gambling in hotels.

"There are about 30 variants of the new gambling law now being considered by Ukrainian lawmakers - from the rational to the completely absurd," commented Lyubov Loginova. "What will be the final version of the gambling laws of Ukraine? Only time will tell. One thing is certain, whether this month or in the autumn, it will be adopted.” (E-06.23.10)

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