Who owns Billionaire?

As of : Billionaire is owned by Favbet Group, private. The site runs under TOV Favbet VIP Casino, Ukraine, with a licence from KRAIL (now PlayCity, Ukraine, revoked 2026-06-02). The same owner has 2 other casinos. Press reports this link; we have not confirmed it in a register yet.

Ultimate ownerFavbet Group (private; Croatian unit held via Falcado Corporation OU (Estonia); Ukrainian regulator in 2026 cited Russia links of ultimate owners of two affiliated companies)
Operating companyTOV Favbet VIP Casino, Ukraine
LicencesUkraine — KRAIL (now PlayCity) revoked 2026-06-02 revoked
ProductsCasino
Sister casinos2
Fines and actionsBillionaire’s own company: 0 · whole Favbet Group: 1
Owner proofreported
Last checked14 Oct 2026

In numbers

  • TOV Favbet VIP Casino also runs 2 other gambling brands under the same company and licence.
  • Favbet Group owns 3 casino and betting brands (6 websites) in our data.
  • 1 fine or regulator action against the owner since 2026.

Licences

RegulatorTypeValidCheck it
Ukraine — KRAIL (now PlayCity)
revoked 2026-06-02
—revokedregister

About Favbet Group

Ukrainian-founded betting group with licences in Ukraine, Romania and Croatia. In June 2026 PlayCity revoked licences of two Favbet-linked Ukrainian casino companies, citing Russia ties of their ultimate owners.

Headquarters: Ukraine · Founded: 1999 · Ownership: private; Croatian unit held via Falcado Corporation OU (Estonia); Ukrainian regulator in 2026 cited Russia links of ultimate owners of two affiliated companies

How we know, and what we could not confirm

How we know: PlayCity said this brand lost the right to operate in Ukraine when it revoked the two Favbet-linked licences on 2 June 2026.

2 sister casinos

Same owner often means the same terms, the same support team and the same payout rules. A self-exclusion at one brand may not cover its sister sites.

Does self-exclusion at Billionaire cover its sister sites? · How national self-exclusion schemes work

Fines and regulator actions

It does not name Billionaire’s own company; it concerns other companies of the Favbet Group. The company column names who was fined.

Fines from the 40 regulators, prosecutors and courts we track, online gambling only; fines against land-based casinos are out of scope. How we count fines.

DateCompanyRegulator / courtAmountReason
2026-06-02TOV Favbet VIP Casino and TOV Favorit Casino CompanyUkraine — KRAIL (now PlayCity)—Licences revoked; regulator said ultimate owners had direct or indirect links to Russia. Brands Favbet Casino, Favbet Poker and Billionaire lost the right to operate. source

Questions and answers

Who owns Billionaire?

Favbet Group. Press reports this link; we have not confirmed it in a register yet.

Is Billionaire licensed?

Yes. Its operator TOV Favbet VIP Casino holds a licence from KRAIL (now PlayCity, Ukraine, revoked 2026-06-02).

Has the owner of Billionaire been fined?

1 record on file. The latest: Ukraine — KRAIL (now PlayCity), 2026-06-02.

Is Billionaire legit?

Billionaire is run by TOV Favbet VIP Casino, which holds a licence from KRAIL (now PlayCity, Ukraine, revoked 2026-06-02). Its owner is Favbet Group, a private company. Fines and regulator actions against Billionaire’s own company: 0; against the whole Favbet Group: 1. Sister sites with the same owner: 2. Guide: How to check a casino. We do not rate sites. A licence from your country’s regulator is the main protection.

What are Billionaire’s sister sites?

Billionaire has 2 sister casinos with the same owner, Favbet Group: Favbet Romania, Favbet Poker. Full list: all Favbet Group sister sites.

Sources

Last checked 14 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.

How casino ownership works: the data