Pin-Up (later RedCore / PIN-UP Global): who owns it and which casinos it runs

As of : Pin-Up (later RedCore / PIN-UP Global) (reported: Ukraine named Russian citizens as ultimate beneficiaries via Guruflow Team Ltd, Cyprus; Cyprus) owns 1 casino or betting brand. Online casino brand group. Ukraine's PlayCity revoked the Pin-Up Ukraine licence in June 2025 after investigators alleged Russian beneficial owners and money laundering, and sanctions were placed on linked Russians in May 2025.

Ownershipreported: Ukraine named Russian citizens as ultimate beneficiaries via Guruflow Team Ltd (Cyprus); the international group is reported to have rebranded as RedCore in 2024 and disputes Russia links
HeadquartersCyprus
Casino and betting brands1 casino or betting brand · 1 website in total
Operating companies1
Fines and regulator actions2
Last checked14 Oct 2026

Casino and betting brands of Pin-Up (later RedCore / PIN-UP Global)

NameWebsiteLicencesOwner proof
Pin-Up Ukraine closedpin-up.uaUkraine — KRAIL (now PlayCity)verified

Operating companies and licences

CompanyWhereLicences
TOV Ukr Game TechnologyUkraineUkraine — KRAIL (now PlayCity) KRAIL decision 09.04.2021 No 147 (online casino)

Fines and regulator actions

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.

DateRegulator / courtAmountReason
2025-06-03Ukraine — KRAIL (now PlayCity)—Licence revoked; regulator cited suspected links to Russia. source
2025-05-25Ukraine — NSDC (Presidential decree)—Personal sanctions on Russians associated with the Pin-Up casino, after investigators alleged money laundering for Russia. source

Questions and answers

Which casinos and betting sites does Pin-Up (later RedCore / PIN-UP Global) own?

Pin-Up (later RedCore / PIN-UP Global) owns 1 casino or betting brand.

Who owns Pin-Up (later RedCore / PIN-UP Global)?

Pin-Up (later RedCore / PIN-UP Global) is reported: Ukraine named Russian citizens as ultimate beneficiaries via Guruflow Team Ltd (Cyprus).

Has Pin-Up (later RedCore / PIN-UP Global) been fined?

Yes. 2 fines and regulator actions on record. The latest: Ukraine — KRAIL (now PlayCity), 2025-06-03.

Sources