Pin-Up (later RedCore / PIN-UP Global): who it is and what it owns

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 (incl. Dmitrii Punin) 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
Gambling brands1 gambling brand · 1 website in total
Operating companies1
Regulator fines3
Last checked14 Oct 2026

Gambling brands of Pin-Up (later RedCore / PIN-UP Global)

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

Operating companies and licenses

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

Regulator fines

DateRegulator / courtAmountReason
2025-06-03Ukraine — 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
2025-05-25Ukraine — NSDC (Presidential decrees 344/2025 and 345/2025)—10-year sanctions incl. asset blocking; the persons were described as ultimate beneficiaries of the company under which Pin-Up is registered. source

Sources