Parimatch Ukraine paid over 260 million hryvnias to the state budget 2021-2022

13:34, 21 February 2022

Parimatch Ukraine (legal entity – Parimatch LLC) became the first legal bookmaker in Ukraine in 2021. Since then, the company has been systematically investing in Ukrainian sports, social responsibility programs and charity. It also pays license fees – in 2022 the company paid UAH 131.4 million to the state budget for the second time: UAH 108 million annual fee for a license to organize and conduct bookmaking activities and UAH 23.4 million annual license fee for a casino on the Internet.

Natalia Gilevich, CEO of Parimatch Ukraine stressed the importance of legal activities:

Obtaining licenses is an important step. For the second year in a row, Parimatch Ukraine, as the first legal bookmaker and leader in the gambling industry, demonstrates what an honest and responsible business is. After all, compliance with the law ensures the development of the economy, investment in domestic sports, protection for every Ukrainian consumer and compliance with the principles of responsible gaming.

In total, for 2 years of activity Parimatch Ukraine paid 262.8 million hryvnias to the state budget of Ukraine. According to the gambling law, all proceeds are used to support medicine, sports, science, culture and education of the country.

For the second year in a row, the first legal bookmaker pays triple the annual fee for licenses to organize and conduct bookmaking activities, as well as to conduct online casino gambling. The main reason for the extremely high cost of licenses in Ukraine is the draft law 2713-d on changes has not yet been adopted, and the State system of online monitoring has not been put into operation.

Legalization of the gambling industry in Ukraine allows us to talk about it as a new growth point for the country’s economy. But this requires balancing the interests of key stakeholders: government officials, regulators, gambling operators, NGOs and associations.