Parimatch has suspended all activities in Ukraine following government action. The company was founded in Kiev, Ukraine in 1994.
It has since grown to break into the global market and become the official sponsor of four Premier League clubs. However, it has now had its customer platform blocked.
In an official note, Parimatch said it will refund any customer who still has receivables.
While she is currently seeking a legal refund mechanism to deal with the scale of the transaction, she promises that all personal funds are safe and will be returned in full.
In a statement, Parimatch Ukraine said: “Team LLC Parimatch Ukraine addresses Zelenskiy. We inform you that during the Russian military invasion of Ukraine, we never received requests from the SBU to clarify the interruption of the franchise in Russia.”
“We ask to verify the information that was falsified during the decision of the NSDC and to take appropriate measures on all improper violations of the Security Service of Ukraine.”
The sanctions come after Ukraine’s President Volodymyr Zelenskyy announced on March 11, 2023 that the government would take action against any gaming companies with ties to Russia.
Zelenskyy said: “Our new sanctioning step against individuals and legal entities associated with the evil state. The relevant decree has been published”.
“It’s more than 280 companies and 120 people who, through gaming business schemes, have worked against Ukraine, withdrawn funds from our state and financed various Russian schemes.”
“It took some time to prepare the decision. It has been painstakingly crafted and closes out schemes worth tens of billions. And it’s not the last decision of its kind.”
Parimatch is an international sports betting company in Europe based in Limassol, Cyprus. The company was founded in 1994 in Kiev, Ukraine.
On October 1, 2020, Parimatch was launched in the UK market.