SYNOT GROUP has announced that the ROYAL company, of which it is co-founder and co-owner, has obtained the necessary license to operate gaming halls and is gradually starting to open its stores in Lviv, which is the largest city in western Ukraine.
SYNOT GROUP recalled that ROYAL, Ltd is a Ukrainian-Czech joint venture founded thirty years ago and historically one of the most successful in its country and business.
Roland Andrýsek, SYNOT Group Sales Director, explained: “According to local legislation, gaming halls in Ukraine may only be located in hotels. For now, clients will find our gaming equipment in the luxury hotels Sonata, Volter and NTON. We see great potential for our further expansion in this country and region. Lviv is an important cultural, educational, transport and economic center in the entire western part of the country”.
Likewise, he informs that “each license is limited by law to 250 gaming facilities. So far, we have obtained the first license, and if the results meet our expectations, we will apply for additional licenses”.
SYNOT Group highlights through a press release that, following the ban on the gaming business in 2009, there has been extreme black-market growth and increased corruption. Therefore, less than a year ago, the government adopted a new law on gaming business to bring this area of business under control and receive revenue to the state treasury. Licenses for individual gaming halls have only been issued recent.
It should be noted that SYNOT Group opened a new showroom in Lviv so that its current and potential business partners can get a closer look at its latest products.
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