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Commission for Regulation of Gambling and Lotteries (KRAIL)
Overview
The Commission for Regulation of Gambling and Lotteries (KRAIL) is Ukraine's governing body for all gambling operations in the country. The Commission started its operation in late 2020, following the passage of new gambling laws in the country.
Online Casinos Licensed by Commission for Regulation of Gambling and Lotteries (KRAIL)
In late 2020, the Ukrainian government passed a new gambling law, that finally allowed for legal gambling operators to be licensed within the country.
As a part of this law, the Commission for Regulation of Gambling and Lotteries (KRAIL) was founded, with the mandate to license, govern, and oversee the operations of all brick and mortar and online gambling operators in Ukranine. In early 2021, the Commission issued the first online casino license in Ukraine since 2009.
About Commission for Regulation of Gambling and Lotteries (KRAIL)
Licenses issued by Commission for Regulation of Gambling and Lotteries (KRAIL) can allow all types of gambling operators to offer their services to Ukrainian citizens. The body was founded in late 2020 and the first license was issued in February 2021. KRAIL licenses allow online operators to work legally in Ukraine and pay taxes on their profits, like any other legitimate business.
Commission for Regulation of Gambling and Lotteries (KRAIL) Licensed Online Casinos
The online gambling bill in Ukraine is still fresh and there are many things that still need defining. However, online casinos licensed by the Commission for Regulation of Gambling and Lotteries are allowed to offer their services in the country and provide players with casino games via online channels.
Licensed Ukrainian online casinos have to pay licensing fees as well as taxes on their profits. Exact numbers are still the matter of debate and should be defined by additions and modifications to the original bill.
Safety
Online casinos licensed by the Commission for Regulation of Gambling and Lotteries are perfectly safe to play at. To receive the license, online operators have to adhere to very strict laws and regulations stipulated by the country. These laws ensure fair operation of the casinos as well as a high level of protection for the players.
FAQ
What is the mandate of Commission for Regulation of Gambling and Lotteries?Commission for Regulation of Gambling and Lotteries (KRAIL) has a clear mandate of licensing and overseeing the operation of all gambling operators in Ukraine.Who can get a KRAIL license?Any gambling operator looking to work in Ukraine can apply for the license. The body will review the application and grant the license if all the terms are met.
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