Gambling

Parimatch Legalization Ukraine and What’s Behind the Company

Parimatch Legalization Ukraine and What’s Behind the Company

Gambling and betting are the two most engaging entertainments for adults today as long as you are on a safe and trustworthy platform. The Parimatch legalization Ukraine comes to prove this betting site operates on a completely legal basis and can be trusted unconditionally. According to NV.ua, the most prominent Ukrainian online media that concentrates on illustrating economy and business surveyed the gambling licenses of bookmakers that operate in the territory of Ukraine. And Parimatch LLC was in the center of attention.

Parimatch Welcomes Bill 2285-D

Parimatch Holding welcomed the Ukrainian Parliament’s adoption of Bill N. 2285-d with which the organization got a regulation to conduct gambling. This was a highly significant decision for both the company and the country’s liberalizing economy. With this Bill, a number of international practices will shape the structure of a competitive and transparent gambling market in Ukraine.

Behind the Story of Parimatch Ukraine

Parimatch LLC got its registration in Kyiv, on Bazhana Avenue, on November 22, 2019, and indicates a 60 million hryvnias worth revenue, which is equal to $2,230,662. Even though the company is ruled by Natalia Gilevich, a Parimatch CEO, the international holding of the brand has over ten companies, thus setting up a diverse corporate structure.

Ekaterina Belorusskaya, a citizen of Cyprus, controls the entire company. She is introduced as the founder and president of the charitable Parimatch Foundation.

According to the investigations carried out by YouControl, Parimatch LLC was founded by First PM Entertainment LTD, registered in Cyprus. The organization is owned by Sergey Portnov, the CEO of Parimatch. Around a year later, Portnov received the SBC Awards as the Leader of the Year award. Moreover, thanks to Portnov, Parimatch was acknowledged as the Employer of the Year. Belorusskaya and Portnov together hold roughly 62.38% of the Parimatch Ukrainian branch.

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Parimatch Trademarks

Despite the spread rumors about the possible connection between WePlay Media Holding Lmt. and the Parimatch companies, the bookmaker’s press service declares there isn’t any corporate connection as such. As stated in the announcement, the Cypriot company Ericius Investments Limited owns all Parimatch trademarks. And this company is confirmed to be a part of the holding. Sergey Portnov, along with Ioanna Paraskeva are the directors of the Ericius Investments Ltd.

Some of the most known trademarks of Parimatch are:

  • Parimatch Tech
  • PM Club
  • Parimatch Sport
  • Parimatch They Play – You Win
  • Parimatch Fired Up to Win

The Ericius Investments Lmt applied for a domain for the Parimatch company (casinoparimatch.com) in 2019. With the application to WIPO, the company indicated all the trademarks it owned in Russia and Ukraine (N. 178808). Being over two decades in the gaming market, the company has become a huge network of over 400 businesses with offices in various countries. Here we have schemed the domains under the ownership and  use of Parimatch:

  • parimatch.com
  • parimatch.ru
  • parimatch.by
  • parimatch.kz
  • parimatch.com.cy

The domain of Parimatch Ukraine parimatch.ua is owned by Ericius Investments Limited, too.

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