Favbet, as a leading market operator, operates legally in Ukraine, under valid Ukrainian licenses. No sanctions have been imposed on the Favbet group of companies
Favbet asks the Ukrainian media not to spread false information about the sanctions. Favbet is not on the sanctions lists, as it operates exclusively on the territory of Ukraine and in a number of countries of the European Union – Croatia, Romania and Malta.
Today, Ukraine has imposed sanctions against a number of Russian betting companies and lotteries for a period of 50 years. Decree No. 145/2023 on the decision of the National Security and Defense Council of March 10, 2023 “On the application and amendment of personal special economic and other restrictive measures (sanctions)” enters into force from the date of publication. You can get acquainted with the decree of the President of Ukraine Here.
Important! Favbet, as a leading market operator, operates legally in Ukraine, under valid Ukrainian licenses. No sanctions have been imposed on the Favbet group of companies.
The wave of black PR about Favbet, which was picked up by some Ukrainian media, is planned and violates all journalism standards.
Representatives of the company ask the media to adhere to the standards of journalism, study the source in detail and not spread fakes about favbet and charitable foundation Favbet Foundation95% of whose projects today are reoriented to help the country, the IDPs and the Armed Forces of Ukraine.
Source: Sportarena
I’m Todderic Kirkman, a journalist and author for athletistic. I specialize in covering all news related to sports, ranging from basketball to football and everything in between. With over 10 years of experience in the industry, I have become an invaluable asset to my team. My ambition is to bring the most up-to-date information on sports topics around the world.
