Casino News: Limited Gambling advertisement in the Ukraine

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Limited Gambling advertisement in the Ukraine

 June 15, 2008, 8:07 am (5 months ago)
A strict restriction on gambling advertising and casino registration in the Eastern European country was indicated this week by Official notifications on the Ministry of Finance for the Ukraine website.
Public discussion for better restriction over gambling in the Ukraine was opened by the Ministry until July 9th.

The government proposal states minimum share capital for the registration of casinos in local currency equivalent to Euro 1 million, and details the kinds of gambling permitted in Ukraine, along with limited advertisement of gambling by radio or television; on the front and last pages of magazines; indoor and outdoor displays; ads on vehicles and any measures which may have the appearance or character of advertising. Suggested penalties for violations are US dollar equivalent of $50 000.
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