22Bet Ukraine

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22bet

August 1, 2024

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Ukraine ranks second in Europe in terms of size. It is considered one of the poorer countries in Eastern Europe. It is currently at war with Russia, although officially the conflict began earlier with the annexation of the Crimean peninsula. Ukraine is not among the member states of the European Union, but can count on its support in relation to the ongoing conflict. The legalisation of gambling and online gambling came relatively late, as it is only in 2020.

History of gambling in Ukraine

Ukraine was for a very long time part of the USSR, where the dominant amount of gambling was prohibited by law. It was not until 1991 that it managed to gain independence, giving it the ability to make its own laws. As a result, it was decided to legalise gambling as soon as Ukraine was established. Up until 2009, gambling grew very intensively. This time is referred to as the ‘golden age of gambling’, when the industry had an ideal breeding ground for expansion. In particular, it took advantage of looser regulations, omnipresent corruption or perfectly organised crime. Gambling was often the cause of very high-profile scandals.

Eventually, the government was motivated to act by a fire outbreak in Dnipropetrovsk, when as many as 10 people who had been in a gambling hall died. As a result, it was decided to close all gambling activities, and they could be reopened once their safety had been verified.

A ban on gambling was received until 2010 and included online gambling, although this had no rational basis. Consequently, Ukrainians took a keen interest in using unlicensed betting platforms.

Despite the subsequent legalisation of the Ukrainian gambling sector, the Ukrainian community still readily opts for unlicensed platforms, which reduces budget revenues. Revenues between 2005 and 2008 were as high as €967 million. In 2020, gambling in Ukraine was legalised again, including online gambling. Eventually, however, land-based outlets had to be closed from 2022 due to the war with Russia.

22bet Ukraine – is the portal successful?

The 22bet Ukraine betting platform is extremely popular in the country. Users are very eager to register with this bookmaker. This is mainly due to a very attractive promotion as a reward for registering and making a deposit. They can then obtain bonuses which are dedicated to regular players.

22bet Ukraine is rich in opportunities to place various bets. Events on many popular sports are made available. In addition, Ukrainians also have the opportunity to use a special online casino. The entire portal is crowned by excellent security measures, which protect both personal data and the funds transferred and collected by players. The high quality of the services provided is best evidenced by the licence granted by the Curacao government.