Casinos come back….?

Although most of us know that many of the casinos never actually closed (particularly in the regions distant from Kiev) the current legislation means that at the moment all gambling is banned.

This may change soon however, with a draft bill under consideration that would allow casinos in 5 star hotels (of 60+ rooms) and in specially designated zones. These are the same zones that were promised over a year ago – remember?

The license fee per casino will be a $5 million payable per quarter over 7 years so around $60,000 per month. No other fees or taxes will be paid (officially anyway – lol)

Quite whether anyone will decide to open new casinos on the back of this is anyone’s guess but the existing closed casinos that fit the criteria will certainly stand to make a bucket load of cash.

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