This story was published more than 3 years ago.
The Ukraine Ministry of Finance has sent a letter to the International Monetary Fund, noting that they're promising to introduce legal gambling within their borders by 2018.
The letter was necessary for the country to qualify for financial assistance and showed the IMF how it planned to reform its economy. The government stated that legalized gambling would add money to the country's budget, and that they would implement land casinos, online betting, sportsbetting, and a national lottery, which could create billions of dollars in revenues annually.
The government of Ukraine is applying for $17.5 billion in financial assistance from the IMF, and the group claimed their first $1 billion in aid last week.
Ukraine is currently in a state of flux, as an ongoing civil war has been ongoing for the last four years and has seen rebels controlling some of the Eastern part of the country.
We will be keeping up with this story and updating readers as we learn more about the country's plans.