Who owns Favbet Casino (land-based/VIP)?
As of : Favbet Casino (land-based/VIP) 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 owner | Favbet 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 company | TOV Favbet VIP Casino, Ukraine |
| Licences | Ukraine — KRAIL (now PlayCity) revoked 2026-06-02 revoked |
| Products | Casino |
| Also runs as | favbet.ro, favbet.ua, favbet.hr |
| Companies of the other sites | Favbet Online SRL (favbet.ro) · Romania — ONJN Decizia nr.811 din 29.04.2020 TOV Bukmekerska kompaniya Favbet (favbet.ua) · Ukraine — KRAIL (now PlayCity) decision 05.04.2021 No 137 · Ukraine — KRAIL (now PlayCity) decision 13.12.2022 No 433 Sretna Kombinacija d.o.o., Zagreb (favbet.hr) · Croatia — Ministry of Finance |
| Sister casinos | 2 |
| Fines and actions | Favbet Casino (land-based/VIP)’s own company: 0 · whole Favbet Group: 1 |
| Owner proof | reported |
| Last checked | 14 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
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Ukraine — KRAIL (now PlayCity) revoked 2026-06-02 | — | revoked | register |
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.
- The owner link comes from press reports; we have not confirmed it in a register or in the brand’s own terms.
- We have no company registration number for TOV Favbet VIP Casino.
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 Favbet Casino (land-based/VIP) cover its sister sites? · How national self-exclusion schemes work
Favbet Group sister sites, fines and sources →
Fines and regulator actions
It does not name Favbet Casino (land-based/VIP)’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.
| Date | Company | Regulator / court | Amount | Reason |
|---|---|---|---|---|
| 2026-06-02 | TOV Favbet VIP Casino and TOV Favorit Casino Company | Ukraine — 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 Favbet Casino (land-based/VIP)?
Favbet Group. Press reports this link; we have not confirmed it in a register yet.
Is Favbet Casino (land-based/VIP) licensed?
Yes. Its operator TOV Favbet VIP Casino holds a licence from KRAIL (now PlayCity, Ukraine, revoked 2026-06-02).
Has the owner of Favbet Casino (land-based/VIP) been fined?
1 record on file. The latest: Ukraine — KRAIL (now PlayCity), 2026-06-02.
Is Favbet Casino (land-based/VIP) legit?
Favbet Casino (land-based/VIP) 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 Favbet Casino (land-based/VIP)’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 Favbet Casino (land-based/VIP)’s sister sites?
Favbet Casino (land-based/VIP) has 2 sister casinos with the same owner, Favbet Group: Favbet Poker, Billionaire. 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.
