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Ukraine has dissolved its gambling regulator KRAIL and launched a new agency, PlayCity, under the Ministry of Digital Transformation. The move, effective April 1, aims to modernize gambling oversight, reduce corruption, and combat illegal operations. PlayCity will digitize licensing, improve compliance, and enhance market transparency. The agency inherits KRAIL’s staff and resources, ensuring continuity while introducing stricter controls. Authorities expect up to UAH 10 billion in annual tax revenue to support the military. Despite debate over its name, officials support PlayCity’s potential to create a fair, legal, and profitable gambling sector through digital reforms and stronger regulatory enforcement.
Source: https://lcb.org/news/ukraine-replaces-gambling-regulator-krail-with-playcity-for-market-reform
Source: https://lcb.org/news/ukraine-replaces-gambling-regulator-krail-with-playcity-for-market-reform