Mykhailo Zborovskyi on myths in the gambling business
Despite legalization and technological development, the gambling business continues to be shrouded in numerous myths that shape a negative or distorted perception of the industry in society. Mykhailo Zborovskyi, an expert in the strategic development of iGaming products, says, “When I worked with CosmoBet, the mythologization of the industry was already on the decline, but some myths are quite difficult to eradicate from society.” Debunking these misconceptions is critical to fostering dialogue between the state, society, and legal operators. Modern iGaming is a high-tech, regulated, and responsible part of the economy. The most common myths about iGaming MYTH #1: “Casinos don't pay taxes and operate in the shadows.” This perception is a direct result of the long-standing existence of illegal gambling, which did indeed avoid any fiscal obligations. Mykhailo Zborovskyi emphasizes that legal operators are significant taxpayers in the country, as evidenced by billions in contributions to the budget. Companies…
