Tag Archives: parimatch

Parimatch contributes €500k to Ukraine humanitarian efforts

Parimatch has detailed that its Parimatch Foundation has contributed a total of €510,000 to support humanitarian causes in Ukraine, as the Russian invasion nears its 10th week. Since 24 February, the sports betting operator and technology firm has spent €135,000 on the construction and maintenance of hubs for internally displaced persons in western Ukraine, where many refugees from the conflict …

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Betting industry Ukraine solidarity continues as Pragmatic Play donates £100k

As support for the Ukrainian public continues to pour in from a range of industries, including betting and gaming, Pragmatic Play has announced a new contribution. The igaming and sportsbook solutions provider revealed today that it is donating £100,000 to the Red Cross’ Red Crescent Movement response appeal, with all funds channelled towards humanitarian causes in Ukraine.  In particular, the …

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Parimatch finalises Russian withdrawal whilst also cutting esports ties

Parimatch Tech has fully “unplugged” its Russian brand as of 26 March, ending a process that began at the start of this month, whilst also severing its partnership with the Team Spirit esports franchise.  The firm, based in Cyprus but founded in Kyiv, made the decision to close its Russian operations in February after Vladimir Putin’s invasion of Ukraine, initiating …

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Parimatch limits scope of Chelsea sponsorship

Parimatch Tech will limit its marketing arrangements with Chelsea FC as part of its sponsroship arrangement with the club, as the team’s owner Roman Abramovic is sanctioned by the UK government. The Russian billionaire and owner and former Director of the Premier League club was placed on a list of sanctioned business-people by British authorities due to his ties to Vladimir Putin’s …

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Parimatch doubles down on Ukraine aid with €1.8m contribution

Parimatch Tech has doubled the amount of financial assistance it is providing to Ukraine from UAH 30 million to UAH 60 million – approximately €1.8 million. The international sports betting company has stated that it spent the first UAH 42 million: UAH 39 million on ammunition and three million on medicines, clothing, foodstuffs and logistics. The next UAH 18 million …

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Gaming Industry For Ukraine secures £190k in donations

The gambling industry’s fundraiser to support the Ukrainian public, Gaming Industry for Ukraine, has made strides towards achieving its £250,000 target. Issuing an update this morning, the initiative – which provides financial backing to the Choose Love charity’s Ukraine Crisis Fundraiser – detailed that it has secured £190,000 in donations from betting operators in the past week.  Companies to have …

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Aspire Global and BETER terminate Russian business relationships

Aspire Global has made the decision to close its contract with Sports Lotteries LLC, the operator of the Russian National Lottery, whilst BETER has also ended its business relationships in the country. The Malta-based sports betting and gaming software provider has cited ‘a different business view’ to Sports Lotteries as its primary motivation behind the partnership termination. However, amid widespread …

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Genius Sports latest betting industry player to end Russian activity

Genius Sports has confirmed that it will no longer continue commercial operations in Russia and Belarus, as a result of the ongoing conflict in Ukraine.  Russia’s unprovoked invasion of its western neighbour has prompted widespread international criticism, including from the public, political and business areas.  By calling an end to its Russian operations – as well as activities in Belarus, …

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EL calls for peace in Ukraine as LeoVegas ceases bets on Russian sports

The Russian invasion of Ukraine is now in its ninth day, and criticism from a range of political arenas and economic areas has continued to mount, including the betting space. Issuing a statement today, the European Lotteries and Toto Association (EL) criticised the invasion and called for peace, whilst LeoVegas has become one of the latest businesses to limit its …

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Allwyn and KKCG Chairs pen joint letter opposing Ukraine invasion

The Chairs of Czech international lottery operator Allwyn and its parent company, investment firm KKCG, have joined wider industry and global condemnation of the Russian invasion of Ukraine.  Penning an open letter this morning, the two firms described Vladimir Putin’s military action against his western neighbour as a ‘senseless act of aggression’, whilst also decrying the ‘barbarism’ of the President’s …

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