Who owns Favbet Ukraine?
As of : Favbet Ukraine is owned by Favbet Group, private. The site runs under TOV Bukmekerska kompaniya Favbet, Ukraine, with a licence from KRAIL (now PlayCity, Ukraine). The same owner has 2 other casinos.
| 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 Bukmekerska kompaniya Favbet, Ukraine · reg. EDRPOU 43457382 |
| Licences | Ukraine — KRAIL (now PlayCity) KRAIL decision 05.04.2021 No 137 (online casino) Ukraine — KRAIL (now PlayCity) KRAIL decision 13.12.2022 No 433 (bookmaker) |
| Products | Casino, Sports betting |
| Website | favbet.ua |
| Also runs as | favbet.ro, Favbet Casino (land-based/VIP), favbet.hr |
| Companies of the other sites | Favbet Online SRL (favbet.ro) · Romania — ONJN Decizia nr.811 din 29.04.2020 TOV Favbet VIP Casino (Favbet Casino (land-based/VIP)) Sretna Kombinacija d.o.o., Zagreb (favbet.hr) · Croatia — Ministry of Finance |
| Sister casinos | 2 |
| Fines and actions | Favbet Ukraine’s own company: 0 · whole Favbet Group: 1 |
| Owner proof | verified |
| Last checked | 14 Oct 2026 |
In numbers
- 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) KRAIL decision 05.04.2021 No 137 (online casino) | — | — | register |
| Ukraine — KRAIL (now PlayCity) KRAIL decision 13.12.2022 No 433 (bookmaker) | — | active | 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: On KRAIL registers in 2025. In June 2026 PlayCity revoked licences of two other Favbet-linked companies (Favbet VIP Casino LLC, Favorit Casino Company LLC); status of this entity not confirmed.
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 Ukraine 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 Ukraine’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 |
Ratings elsewhere
- Trustpilot: read the reviews there
Ratings from other websites, with their source. We do not copy their reviews, and they do not change our facts.
Questions and answers
Who owns Favbet Ukraine?
Favbet Group.
Is Favbet Ukraine licensed?
Yes. Its operator TOV Bukmekerska kompaniya Favbet holds a licence from KRAIL (now PlayCity, Ukraine).
Has the owner of Favbet Ukraine been fined?
1 record on file. The latest: Ukraine — KRAIL (now PlayCity), 2026-06-02.
Is Favbet Ukraine legit?
Favbet Ukraine is run by TOV Bukmekerska kompaniya Favbet, which holds a licence from KRAIL (now PlayCity, Ukraine). Its owner is Favbet Group, a private company. Fines and regulator actions against Favbet Ukraine’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 Ukraine’s sister sites?
Favbet Ukraine has 2 sister casinos with the same owner, Favbet Group: Favbet Poker, Billionaire. Full list: all Favbet Group sister sites.
Sources
- https://data.gov.ua/dataset/cb758308-c25b-4bde-b130-58e0d1acc928/resource/232c4f49-86ed-4e1f-84e6-59aea21f1161/download/reestr-internet-casino-krail-2025.xlsx
- https://data.gov.ua/dataset/b9e121c1-7a70-49e7-abc4-47c7791168ba/resource/d74200bb-50ef-4406-9eda-9e1cb48b496b/download/reestr-organizator-bookmeker-krail-2025.xlsx
Last checked 14 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.
