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A Memorandum of Understanding and Co-operation has been signed between Merkur Gaming of Germany and the Ukraine’s Expert Advisory Council of Gambling and Lotteries Regulation Commission.

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The effect of the document is to credit Merkur with the highest level of recognition in the country that has just passed fresh gambling regulations. The new laws in the Ukraine, issued last September, include fresh gaming specifications and is attributed to three-star and above hotels, giving them the right to operate casinos.

Suppliers to those venues will now include Merkur, with a partner opening in the Ukraine capital, Kiev. A showroom will open once the current Covid-19 regulations are eased, to offer German slots to local operators.

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Sakis Isaakidis, chief executive, international, at Merkur Gaming, said: “The news from the Ukraine is inspiring for us and for the entire gaming industry. Historically, difficult times have always also created opportunities and that is clearly the case here.

'Merkur Gaming is absolutely committed to bringing its huge experience - as both a manufacturer and as a successful operator - to work alongside the authorities in creating a new market opportunity that will create many new jobs, create new wealth and which will be, by law, a socially responsible gaming environment within the Ukraine.

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'The overwhelming feeling, the aura as we call it, is already hugely positive and that will increase as actual operations are seen to open up. There are still many challenges to be addressed but we look forward to assisting in the process of those challenges being met.

Poki

'As has been said many times, to make the best result from new opportunities it is necessary to always be in the right place and at the right time. Merkur Gaming is achieving that and will continue to do so in the future as we actively co-operate in making Ukraine’s new gaming future become a resounding success.”