Who owns Favbet Ukraine?

Favbet Ukraine is owned by Favbet Group, private. The site runs under TOV Bukmekerska kompaniya Favbet, Ukraine, with licences from KRAIL (now PlayCity) (Ukraine). The same owner has 2 other casinos.

Ultimate ownerFavbet 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 companyTOV Bukmekerska kompaniya Favbet, Ukraine · reg. EDRPOU 43457382
LicensesUkraine — KRAIL (now PlayCity) KRAIL decision 05.04.2021 No 137 (online casino)
Ukraine — KRAIL (now PlayCity) KRAIL decision 13.12.2022 No 433 (bookmaker)
ProductsCasino, Sports betting
Websitefavbet.ua
Also runs asfavbet.ro, Favbet Casino (land-based/VIP), favbet.hr
Sister casinos2
Fines and actions1
Owner proofverified
Last checked14 Oct 2026

In numbers

  • Favbet Group owns 3 brand families with 6 websites in our data.
  • 1 regulator fine against the owner since 2026.

Licences

RegulatorTypeValidCheck 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)
—activeregister

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.

Regulator fines

DateCompanyRegulator / courtAmountReason
2026-06-02TOV Favbet VIP Casino and TOV Favorit Casino CompanyUkraine — 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

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 licences from KRAIL (now PlayCity) (Ukraine).

What are the sister casinos of Favbet Ukraine?

Favbet Poker, Billionaire.

Has the owner of Favbet Ukraine 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.