SBC Summit CIS To Highlight Ukraine’s Potential As Next Global Gambling Tech Hub

The SBC Summit CIS, presented by Parimatch, will take place next month and will highlight Ukraine’s potential as the next major international centre for the betting and gaming technology business.

The conference and trade expo will bring together participants from operators, suppliers, affiliates, investors, and regulators on the 13th and 14th of October at the Parkovy Kyiv International Convention Center.

Gambling legalisation

The decision by the Ukrainian government to legalise gambling has opened up a potentially huge new market for major operators, but this country of more than 40 million people also has a lot to offer gaming technology providers.

Lower labour costs used to be a major driver of high-tech investment in Ukraine, but it is no longer the main reason why foreign corporations chose to create R&D and support centres there.

The country boasts a highly educated population, and its colleges are currently producing 16,000 new IT graduates each year, adding to what is already Central and Eastern Europe’s largest qualified IT workforce.

Ukraine not only has the talented workforce needed to support the growth of technology companies and the development of game-changing tech innovations, but it is also eager to attract investment and recognises the betting and gaming industry’s economic and job-creation potential.

Ukraine opportunities

SBC Summit CIS is the best venue for multinational operators, technology providers, game studios, and investors to learn more about opportunities in Ukraine and interact with local partners and advisers.

Anton Kuchukhidze, Chairman of the Ukrainian Gambling Council, one of the event’s key partners, stated that the country is already well on its way to become a centre of excellence for the betting and gaming industry.

He said: “Ukraine will now publicly claim its ambitions to become an IT hub for the gambling industry. Since earlier, under the conditions of the ‘closed’ gambling market in Ukraine, there were many different tech companies that worked for the largest Western companies. They made software, various IT platforms, and developed different online solutions. Thus, Ukraine has been known in the gambling world for a long time already. 

“Now, after the legalisation started, CEOs and representatives of the same companies started to talk about their work. Around 10 to 15 of the world’s largest gambling brands already had IT offices that dealt with their products, created software, and assisted their operations all over the world. 

“Thus, nothing changes. Ukraine is simply starting to bring it into the public domain. In addition, these foreign companies are joined by national, internal ones which became legal, and now talk about their IT teams openly. Therefore, Ukraine already has a fairly strong position for presenting itself as a hub for creating technical solutions for the gambling sector.” 

CIS topics

The SBC Summit CIS schedule includes talks on topics such as ‘Delivering the Opportunity – Betting and iGaming in Ukraine,’ ‘An Investment in the Future – Recruitment and Retention,’ and ‘The Rise of CIS as a Global iGaming Tech Hub – What Does the Future Hold?’

Sports sponsorship, changes to gambling tax legislation in Ukraine, opportunities generated by legislative changes across the CIS and Eastern Europe, the expansion of esports betting, and tactics for effective localised marketing campaigns are all topics that delegates can expect to hear about.

Along with the conference, there will be an expo including 20 major suppliers showing their latest developments, as well as a series of nighttime networking events in fashionable Kyiv venues.

Visit the SBC Summit CIS website to purchase a complete event pass.

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About Debbie Hewlett

Debbie is an internet journalist with many years of writing experience with a focus on bingo and gaming. Debbie has written reviews and useful information for gamers and readers on a variety of websites.