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Zelenskyy on sanctions against Russian betting firms: Major gambling scams stopped

Saturday, 11 March 2023, 18:42
Zelenskyy on sanctions against Russian betting firms: Major gambling scams stopped

Ukrainian President Volodymyr Zelenskyy said that the latest round of sanctions introduces measures against Russian-related gambling and betting firms and puts an end to scams worth tens of billions Ukrainian hryvnias. He added that this is not the last such sanctions package.

Source: President Zelenskyy’s video address

Quote from Zelenskyy: "We have implemented new sanctions against individuals and legal entities associated with the evil state.

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The relevant decree has been issued. [It implements sanctions against] more than 280 legal entities and 120 individuals who created gambling scams to defraud Ukraine, withdrawing funds from our state to finance various Russian schemes.

This decision has been in the works for some time. It has been thoroughly researched and will put an end to scams worth tens of billions [hryvnias]. This is not the last such decision."

Previously: On 10 March, Zelenskyy signed into law the National Security and Defence Council’s decision to impose sanctions on 120 individuals and 287 legal entities.

The following legal entities operating in Ukraine were subject to the latest round of sanctions: Parismatch, Pokermatch.UA, Pointloto, Your Betting Company, Play Fun Investment, Leo Financial Company, and others.

UAH 250 million belonging to the company's clients are now blocked on the current accounts of Parimatch LLC.

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