On February 24, Smile-Expo successfully held a unique event for the gambling industry – the UGW conference, which became a source of interesting gambling news. The event took place prior to the major Ukrainian Gaming Week 2021 industry exhibition and became a perfect platform for learning all the intricacies of doing business in the country’s reviving gambling sphere.
The list of speakers of the event included 15 recognized experts. Among them were gambling industry reformers, experienced lawyers, heads of specialized associations, and foreign gambling specialists. They analyzed the key requirements of gambling legislation, considered issues related to taxation of operators’ income, and gave practical advice on the successful launch and promotion of business in Ukraine.
UGW featured the most comfortable conditions for guests and participants to exchange experiences and discuss prospects for mutually beneficial cooperation. In the networking areas, visitors made new business contacts, agreed on further meetings, and shared the latest industry insights. Thus, everyone who attended the event had a unique chance to personally meet representatives of companies that would join Ukrainian Gaming Week 2021 as exhibitors or sponsors on March 23-24.
The simultaneous interpretation of speakers’ presentations was organized specially for foreign guests. Due to the absence of language barriers, visitors who came to the event from abroad were able to figure out how to enter the newly launched gambling market taking into account the current regulatory rules.
About speakers and their reports: what topics were covered at the conference?
The event was moderated by Konstantin Karpalov, co-founder of the Papa Karlo CPA network.
The conference was opened by Borys Baum, a freelance Advisor to the Deputy Head of the Office of the President of Ukraine. During the Q&A session, he answered questions from guests.
The expert discussed topics related to the licensing procedure for gambling activities, certification of equipment, and taxation of the gambling business. He also spoke about the work of the gambling regulator and plans to combat illegal online casinos.
Tetiana Klymenko, Head of the legal department at Law&Trust International analyzed the restrictions in different countries related to advertising gambling. The lawyer examined the nuances of promoting gambling activities in Europe and explained what bans are currently established in Ukraine. She reviewed the scope of the EGBA Code that contains general rules for the EU countries for responsible advertising of gambling on the Internet. In addition, Tetiana gave examples of violations with operators fined for non-compliance with the established requirements.
Earle G. Hall, Vice-Chair at International Gaming Standards Association spoke about the impact of Big Data on compliance and legality. The speaker gave examples of big data use in different countries and explained how they can be utilized to achieve different goals: ensuring responsible gaming, combating money laundering, etc. In addition, he clarified what benefits operators can get from the introduction of innovative technologies into their work.