Ukraine sanctions Russian bookmakers and lotteries
Volodomyr Zelenskyy (Photo:instagram.com/zelenskiy_official)
Ukraine has introduced sanctions against several Russian gambling companies and lotteries for a period of 50 years, a decree being signed by Ukrainian President Volodomyr Zelenskyy on March 10.
As many as 287 enterprises and 120 individuals were sanctioned, including Parimatch.
Other companies sanctioned include Sportloto, First International Bookmaking Company, Bet.ru, CreditService, Sportbet, Betcity, and Matchbet.
The companies’ assets will be frozen, licenses will be canceled or suspended, and trade operations will be prohibited — including the withdrawal of funds from Ukraine.
The sanctions list includes businesspersons from the Russian Federation, the United Kingdom, Cyprus, Turkey, the Netherlands, Poland, and Armenia.
Zelenskyy entrusted National Security and Defense Council (NSDC) Secretary Oleksiy Danilov with monitoring the implementation of the sanctions.
The NSDC decision is effective immediately. Decree No. 145/2023 states “the application and introduction of changes to personal special economic and other restrictive measures (sanctions) shall take into effect from the date of publication.”
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