Who owns Favbet Casino (land-based/VIP)?
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 |
| Licenses | Ukraine — KRAIL (now PlayCity) revoked 2026-06-02 revoked |
| Products | Casino |
| Also runs as | favbet.ro, favbet.ua, favbet.hr |
| Sister casinos | 2 |
| Fines and actions | 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 brand families with 6 websites in our data.
- 1 regulator fine 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.
Everything Favbet Group owns, with fines and sources →
Regulator fines
| Date | Company | Regulator / court | Amount | Reason |
|---|---|---|---|---|
| 2026-06-02 | TOV Favbet VIP Casino and TOV Favorit Casino Company | Ukraine — 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).
What are the sister casinos of Favbet Casino (land-based/VIP)?
Favbet Poker, Billionaire.
Has the owner of Favbet Casino (land-based/VIP) been fined?
1 record on file. The latest: Ukraine — PlayCity, 2026-06-02.
Sources
Last checked 14 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.