Publication date: 14 March 2023
In March 2023, Ukrainian authorities approved a package of sanctions against 120 individuals and 287 legal entities. Companies and people from Russia, Cyprus, Curacao, the UK, Hong Kong, Singapore, Gibraltar and Ukraine were banned. They are all involved in organising gambling businesses. The restrictions imposed for 50 years include asset freezing and a ban on capital withdrawal, as well as controls on trade transactions.
Bookmakers banned in Ukraine:
The website of the Ukrainian regulator – the National Gambling and Lottery Regulatory Commission (KRAIL) – states that 3 companies have a state license for betting activities: PARIMATCH, VBET, FAVBET. The previously issued licences of FAN SPORT and 1XBET were revoked at the end of 2022.
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