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Kiev Casinos – The Top Ones to Visit
Located in the Eastern part of Europe, Ukraine is the biggest country in the whole continent by land area and is also on the list of one of the largest countries in the world. It is a phenomenal country that has a population of more than 40 million people, which is surrounded by the Sea of Ozoz and the Black Sea, along with countries of Poland, Romania, Belarus, Moldova, Slovakia, Russia and Hungary. Ukraine had a huge gambling industry and it thrived as people in the country loved gambling. However, the industry underwent a detrimental stage in 2009 when all forms of gambling were declared illegal by the Ukrainian authorities.
- The President of Ukraine Viktor Yushchenko signed the law on June 23 and on June 25 it came into force. The Law On Prohibition of Gambling Business in Ukraine also applied to internet casinos, it did not apply to lotteries. Parliament legalised gambling again on 14 July 2020. Albeit with regulations and age restrictions (minimum age of 22).
- List and compare the best online casino sites in Ukraine in our up-to-date, streamlined directory. Find the latest online gambling promotions in Ukraine along with special offers! With GamingZion, you will have priority access to free spins and the hottest no deposit online casino bonuses in Ukraine.
- A casino license in Ukraine is issued to companies with an authorised capital of more than 30 million hryvnias. Gambling zones can be located only on the territory of hotels (5-star hotels for full-fledged casinos and 3-star establishments for slot machine halls).
- Ukraine Online Casinos The Ukraine is one of the few European countries where almost all forms of gambling (online or otherwise) are typically deemed illegal. There are a few exceptions and a couple of grey zones, and this can make things confusing for Ukrainians.
Luckily, 2020 turned out to be the year when things changed, as casino activity was once again legalized in Ukraine. Poker had never been rendered illegal, but casino activity had been banned and now things have changed once more. It has now become possible to open casinos, including both online and offline ones, which can provide a lot of games and fun things to do. If you want to be a winner, you can explore some of the Kiev Casinos that offer you plenty of opportunities for doing so.
Some of the options you can explore are:
Avalon Casino
One of the largest and most respectable gambling establishments in Ukraine is none other than the Avalon Casino. Even the most demanding players will love one of the top Kiev casinos, as it offers an excellent croupier school, schooled casino personnel and loyal rules. It comprises of three VIP rooms, a Large Hall, a slot machine room as well as a democratic Tropical casino. Along with these features, you can play in one of the safest Kiev casinos as Avalon is known for its security level.
Gorod Casino
This is known as the Gorod Entertainment Center and it comprises of a casino, sports bar and striptease shows. The spirit of the game will take over you once you are in the elegant and spacious casino hall. Convenience and comfort of the guests is the primary goal of the workers and owners of the Gorod. As the casino is named Gorod, which translates into a city in English, they have decorated it as a medieval town street.
If you are looking for one of the best Kiev casinos, Gorod is the way to go as it offers bonus cards, special discounts, vouchers and other incentives. You can visit the casino to try your luck playing Poker, Black Jack and American roulette. As the casino can be found on the territory of a large entertainment center, people can spend their time gambling and then begin exploring the venue. This includes a sports bar, striptease bar, slot machines, billiards and so on. Personal complaisance, at-home atmosphere and hospitality are one of the highlights of Kiev casinos and the same applies to Gorod casino.
Gabriela Casino
If you are searching for one of the most luxurious Kiev casinos, you don’t have to look any further than Gabriela. It is located in the center of the city and provides its guests the opportunity to test their abilities and luck in games like American Roulette, Black Jack and poker. Those who enjoy gambling will certainly enjoy the drawing of prizes that happens regularly and the bar that offers free elite drinks. Every month, a lucky winner gets a jackpot that’s valued at $20,000. There is also a bonus prize given out daily, which is worth $200.
Guests can enjoy an interesting program at the Gabriela and it is one of the popular Kiev casinos because it offers various money prizes and contests. Plus, all visitors will be entertained by live music and dancing girls and if you feel hungry, you can always go to the banquet table and enjoy a meal. The casino showers a lot of attention towards its guests and there are different member cards that are offered for the clients’ convenience. The Gabriela is one of the Kiev casinos to go to for unforgettable gambling, a cheerful atmosphere and an unmatched service.
Grand Plaza Casino
One of the largest and cozy elite Kiev casinos is none other than Grand Plaza, which features exquisite elegance, luxurious classic interior and the atmosphere and comfort of good money and good game. When you visit this casino, you can choose from an array of games like American roulette, Black Jack and numerous poker versions and so on. The players and guests at the Grand Plaza are welcome to take advantage of the casino’s bar where they can find drinks like liqueurs, cocktails, cognacs and other drinks. The gamblers can also enjoy fresh hot coffee that will give their strength a boost to enjoy other games.
Of the Kiev casinos, the Grand Plaza is unique because it also has a dress code. It also has a chic and comfortable VIP hall where players can win impressive prizes. They have a chill out area with delicate aromas of good cigars and cigarettes, soft lights, an excellent range of refreshments and relaxing music. The Grand Plaza is one of the most luxurious Kiev casinos and entertainment center where everyone can have fun.
Salut International Casino
Amongst the most prestigious and reputable Kiev casinos is Salut International, where the ‘high society’ people come together to spend their free time. The game halls provide players the perfect opportunity to play traditional casino games, such as Black Jack, American roulette and Oasis Poker. People can participate in poker tournaments every day, where they have the chance to win some amazing cash prizes. There are some pleasant surprises that guests can enjoy at the venue, including trips to luxurious resorts, impressive prizes and amazing cars as well. The casino also has a VIP hall where players can demonstrate their skill in games like Texas Holdem, Seven Card Stud, Texas Double and more.
These are some of the top Kiev casinos that gamblers can enjoy to their heart’s content and indulge in their love of taking risks and winning prizes as much as they want.
On 14 July 2020 the Ukrainian law “On State Regulation of Organising and Conducting Gambling” (Gambling Law) finally reached the end of its six-year journey to adoption. President Volodymyr Zelenskyy is expected to sign it into law soon, at which point it will formally become the cornerstone of a new regulated European market, lifting the ban introduced in 2009.
Alina Plyushch (pictured) and Dmytro Hotsyn of the gambling desk of law firm Sayenko Kharenko explain the nuances of the new Gambling Law.
The operator: general requirements
While both local and foreign investors will have access to the market, only legal entities registered in Ukraine may become gambling operators. However, certain ownership restrictions will apply.
In particular, gambling operators shall not be controlled by a Russian resident nor have a Russian person as a shareholder or Ultimate Beneficial Owner (UBO). Neither should they have shareholders registered in countries currently blacklisted by the Financial Action Task Force (FATF), in other words North Korea and Iran.
In addition, a gambling operator must have a share capital of at least $1.1m (UAH30.7m/£906,000/€1.0m). They must open a deposit account or obtain a guarantee from a Ukrainian bank for $1.2m, and they must have a dot.ua domain name.
More generally, gambling operators are also obliged to follow responsible gambling standards and implement policies to prevent gambling addiction.
The verticals
Land-based casinos
Casinos can be located in 5-star hotels with 150 rooms in Kyiv, 4- and 5-star hotels with 100 rooms in other cities, out-of-town resorts with a total area of at least 10,000 m2 or “special gaming zones” within territories to be defined by the Ukrainian government. Total casino areas in such zones must measure at least 10,000 m2.
In addition, the law creates investment licences. Holders of investment licences are exempt from licence fees for 10 years on condition that they construct a new 5-star hotel with 200 rooms in Kyiv or of 150 rooms in another city. Investment licences may help boost underdeveloped regions by offering an opportunity to turn them into tourist destinations.
Online casinos
Online casinos are covered by a separate licence.
There are no particular requirements to premises and retail presence for an online casino operator (except for being registered in Ukraine). Previous drafts provided for keeping the operator’s servers in Ukraine but this provision has been dropped.
However, additional requirements for online casino operators may be set out in the licensing conditions.
Betting
A single licence covers both land-based and online betting.
The minimum betting shop area shall be at least 50m2 and these shops may be located in 3-, 4-, and 5-stars hotels with 50+ rooms in Kyiv or 3-, 4-, and 5-stars hotels with 25+ rooms in other cities.
These strict location requirements limit materially the offline betting opportunities for the majority of potential punters. Because of this, regulated online betting is expected to skyrocket in the near future.
Slot machine halls
Slot machines are allowed in casinos (with a general casino licence) and in slot machine halls (covered by a separate licence).
Operators of slot machine halls may open the venues at 3-, 4-, and 5-stars hotels with 50+ rooms in Kyiv or 3-, 4-, and 5-stars hotels with 25+ rooms in other cities.
These halls are not allowed in cities with a population of less than 10,000 people and cannot be placed within 500 metres of educational establishments. Operators of slot machines are prohibited from using equipment manufactured before 2019.
Online poker
Under the Gambling Law, specific licences are issued for online poker.
Offline poker can take place only in casinos as a casino game or in the form of competitive poker, which is not considered a game of chance.
Licence fees and taxes
Licence fees
The first versions of the draft Gambling Law were criticised for the exorbitant licence fees. Lowering these was deemed essential by the majority of international gambling operators interested in the market. Thanks to the multilateral dialogue with all stakeholders, the final version of the Gambling Law features more moderate fees.
Online casinos – $1.1m for a five-year licence
Betting – $5.1m for a five-year licence and $5,100 annually per betting shop
Slot halls – $1.2m for five-year licence and $1,000 annually per slot machine
Online poker – $850,000 for a five-year licence
For land-based casinos, a five-year licence will cost approximately $10.2m for casinos located in Kyiv and $5.1m for casinos in other locations.In addition, casino operators will pay equipment fees ranging from $30,000 for a roulette wheel, $15,000 for a gaming table and $1,000 for a slot machine.
Taxation
Ukraine’s parliament, the Rada, is yet to make a final decision on how it will tax gambling profits. Among the several taxation drafts proposed, the Rada is likely to vote for one that establishes a gross gaming revenue (GGR)-plus-corporate income tax regime.
GGR tax rates are expected to differ for each gaming vertical, ranging from 5% for betting to 10% for online casino and 12.5% for land-based casinos and slot machine halls.
Ukraine Casino Law
Corporate income tax is set at 18% in Ukraine.
Practical issues
Increased licence fees for certain gaming verticals during the “transition period”
The Gambling Law provides that the licence fees for the online casino licence, betting licence and slot machine licence shall be tripled until the so-called “Online Monitoring System” is put in place.
The Online Monitoring System is a state-owned system of oversight and control allowing real-time monitoring of the national gambling industry. It is supposed to be launched within 30 months of the Gambling Law entering into force.
It is likely, though, that the launch may be delayed for technical reasons or due to financial hurdles. In this case, gambling operators may face significant increases in their licence costs for quite some period of time.
Lotteries: a market on the edge
The first draft of the Gambling Law regulated all gaming verticals including lotteries to avoid potential overlaps and lacunas.
However, the final wording was modified to exclude lotteries from the legal framework envisaged by the Gambling Law.
As a result, the lottery market remains under the umbrella of the outdated State Lotteries Law. Although separating gambling verticals is not unusual, it is questionable whether principles and restrictions of the gambling legislation can be efficiently harmonised with those of lotteries legislation.
Casino In Kiev Ukraine
In addition, the State Lotteries Law means that international lottery operators may be unable to access the local market. To rectify this, further changes in gambling regulations would be needed.
Last but not least, separating games of chance and lotteries (which are not legally considered as games of chance) may preserve the current market situation, where de-facto slot machines and betting services are marketed as “e-lotteries” and “sport lotteries”.
The market: what’s at stake?
It is hard to estimate the current turnover of the market in Ukraine because it is almost entirely black, though estimates put it at around the €1bn mark. A successful relaunch of the Ukrainian market might triple this figure.
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The government, in turn, expects to bring in an additional $160m in extra revenues by the end of 2020 alone thanks to legalisation of the gambling industry.
However, the Ukrainian consumer might also want access to more sophisticated products from other markets. This may allow international investors to introduce more complex games into the local market and in turn enjoy higher levels of spending from Ukrainian players.
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Despite the intricacies of the Gambling Law, we are confident that a questionable regulation that actually exists is better than a blueprint of the perfect one.