The founder of Ukr Game Technology Igor Zotko, has proven by his actions that the gambling industry in Ukraine has a successful future. His online casino Pin-Up, has shown a strong involvement in the social sphere, especially since the outbreak of a full-scale war. Igor Zotko and the entire Pin-Up company help the Armed Forces of Ukraine and people who have suffered from the war started by Russia. To look closely at the connection between gambling and the social sphere, we propose to consider the key aspects that result from this interaction using specific examples.
Igor Zotko about CRAIL: What progress has Ukraine made in gambling legislation?
A successful businessman and owner of a popular online casino, Igor Zotko, is confident that the legalisation of gambling in 2020 will bring many positive results, as the industry should be white and transparent.
“We pay the right taxes and contribute to our country’s development. Modern business should be socially responsible and support the country’s economic stability. We will continue to improve our services and create a competitive market,” commented the owner of Pin-Up.
It is worth noting that Pin-Up.Ua was one of the first to receive a license from KRAIL, and in 2023, it brought UAH 3.4 billion in taxes to the country’s budget. Such reporting has once again proved that the recent news about Igor Zotko’s involvement in Russia is complete disinformation. CRAIL personally conducted an investigation and then informed the court that the information was unfounded.
The signing of the law on the legalization of online casinos brought many positive developments to the Ukrainian economy. However, this development is hampered by Ukrainian operators that remain in the gray zone and avoid responsibility. In this regard, we recommend readers to know what Igor Zotko think about CRAIL policy improvement:
- The government should listen to market representatives and consider the needs of all parties involved in the gambling industry.
- Revise the taxation system to make it more attractive for operators.
- Operators should be socially responsible for complying with new regulations and laws and providing players with quality services.
The founder of Pin-Up, Igor Zotko, shows by his example how gambling has a positive impact on the development of the country even during the war
The businessman owns such large businesses as Ukr Game Technology, “Yedynyy prostir”, and Pin-Up online casino. Thanks to this scale, Igor Zotko has the opportunity and most importantly, the desire to contribute to the development of the social sphere of Ukraine:
- During the war, the Pin-Up Foundation sent 153 million hryvnias of aid to the regions most affected by Russian aggression.
- Evacuation of more than 100 people who lost their homes to the Russian occupiers.
- Support and evacuation of employees who were in hot spots.
- Grant program with Forbes, where 5 million hryvnias are awarded to micro and small businesses.
Ways to improve the gambling market and the impact of the CRAIL regulator
It is still difficult to talk about the development of the entertainment sector when there are more critical issues and problems in Ukraine, namely, the war’s end. Nevertheless, the gambling industry exists and develops, supporting the social sphere and assisting those in need. Igor Zotko is confident that if KRAIL involves the state, operators, and players in these issues, the urgent needs can be resolved. The first and most important thing is the closure of platforms and operators operating without a license.
Please play responsibly. For more information and advice visit https://www.begambleaware.org
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