Favbet, as a leading market operator, operates legally in Ukraine, under valid Ukrainian licenses.
Favbet asks the Ukrainian media not to spread false information about the sanctions. Favbet is not on the sanctions lists, because it operates exclusively on the territory of Ukraine and in some countries of the European Union – Croatia, Romania and Malta.
Today, Ukraine has imposed sanctions against a number of Russian betting companies and lotteries for 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)” will take effect from the date of promulgation . You can read the order 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, picked up by some Ukrainian media, was planned and violates all journalistic standards.
The representatives of the company ask the media to follow the standards of journalism, to study the source in detail and not to spread fakes about Favbet and the Favbet Foundation, which 95% of the projects are rededicated to help the country , migrants and the Armed Forces of Ukraine.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.