Who owns Pin-Up Ukraine?
Pin-Up Ukraine is owned by Pin-Up (later RedCore / PIN-UP Global), reported: Ukraine named Russian citizens (incl. Dmitrii Punin) as ultimate beneficiaries via Guruflow Team Ltd (Cyprus). The site runs under TOV Ukr Game Technology, Ukraine, with a licence from KRAIL (now PlayCity) (Ukraine) (KRAIL decision 09.04.2021 No 147 (online casino)).
| Ultimate owner | Pin-Up (later RedCore / PIN-UP Global) (reported: 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) |
|---|---|
| Operating company | TOV Ukr Game Technology, Ukraine · reg. EDRPOU 44130446 |
| Licenses | Ukraine — KRAIL (now PlayCity) KRAIL decision 09.04.2021 No 147 (online casino) revoked |
| Products | Casino |
| Website | pin-up.ua |
| Sister casinos | 0 |
| Fines and actions | 3 |
| Owner proof | verified |
| Last checked | 14 Oct 2026 |
In numbers
- 3 regulator fines against the owner since 2025.
Licences
| Regulator | Type | Valid | Check it |
|---|---|---|---|
| Ukraine — KRAIL (now PlayCity) KRAIL decision 09.04.2021 No 147 (online casino) | — | revoked | register |
About Pin-Up (later RedCore / PIN-UP Global)
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.
Headquarters: Cyprus · Founded: 2014 · Ownership: reported: 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
How we know, and what we could not confirm
How we know: PlayCity revoked the Pin-Up licence (announced 3 June 2025) over suspected Russian ties.
Everything Pin-Up (later RedCore / PIN-UP Global) owns, with fines and sources →
Regulator fines
| Date | Company | Regulator / court | Amount | Reason |
|---|---|---|---|---|
| 2025-06-03 | TOV Ukr Game Technology (Pin-Up Ukraine) | Ukraine — PlayCity | — | Licence revoked; regulator cited suspected links to Russia. source |
| 2025-05-25 | Russian nationals linked to Pin-Up casino | Ukraine — NSDC (Presidential decree) | — | Personal sanctions on Russians associated with the Pin-Up casino, after investigators alleged money laundering for Russia. source |
| 2025-05-25 | Dmitrii Punin, Ivan Bannikov, Alexander Matyashov and companies incl. Ukr Game Technology, Guruflow Team Ltd (Cyprus), Carletta NV (Curacao) | Ukraine — 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 |
Ratings elsewhere
- Trustpilot: read the reviews there
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 Pin-Up Ukraine?
Pin-Up (later RedCore / PIN-UP Global).
Is Pin-Up Ukraine licensed?
Yes. Its operator TOV Ukr Game Technology holds a licence from KRAIL (now PlayCity) (Ukraine) (KRAIL decision 09.04.2021 No 147 (online casino)).
Has the owner of Pin-Up Ukraine been fined?
3 records on file. The latest: Ukraine — PlayCity, 2025-06-03.
Sources
- https://data.gov.ua/dataset/cb758308-c25b-4bde-b130-58e0d1acc928/resource/232c4f49-86ed-4e1f-84e6-59aea21f1161/download/reestr-internet-casino-krail-2025.xlsx
- https://biz.liga.net/en/amp/all/news/playcity-state-agency-revokes-license-of-pin-up-online-casino-linked-to-russia
Last checked 14 Oct 2026. How we check facts. Gambling can be addictive. Help: BeGambleAware, GamStop, Gamblers Anonymous.