Parimatch continues to prove the illegality of the sanctions

The company strictly adheres to the legal norms of Ukraine and protects the interests of Ukrainians who have supported the petition for the removal of sanctions

Parimatch is a Ukrainian company.
We believe in Ukraine. We believe in the Armed Forces.

The sanctions imposed by the National Security and Defense Council of Ukraine on the group of companies Parimatch were unjustified, and amount to direct [and blatant] violation of the Law of Ukraine “On Sanctions” (“Sanctions Law”).

The Supreme Court has stated that sanctions are an “exceptional, temporary, extreme, and necessary (not accidental) measure” that is applied exclusively on the grounds provided in the Sanctions Law. Such grounds must be valid, supported by evidence, and reliably indicate the commission of only those actions specified in Article 3 of the Sanctions Law, namely:

1) Actions of a foreign state, foreign legal entity or private individual, or other entities that create real and/or potential threats to national interests, national security, sovereignty and territorial integrity of Ukraine, promote terrorist activity and/or violate the rights and freedoms of human beings and citizens, the interests of society and the state, lead to the occupation of territory, expropriation or restriction of property rights, inflict property losses, create obstacles to sustainable economic development, and full exercise by Ukrainian citizens of their rights and freedoms.

2) Resolutions of the General Assembly and Security Council of the United Nations.

3) Decisions and regulations of the European Union Council.

4) Facts of violations of the Universal Declaration of Human Rights and the Charter of the United Nations.

The decision of the National Security and Defense Council (NSDC) and the corresponding decree of the President of Ukraine do not contain any grounds for imposing sanctions on the group of companies Parimatch in accordance with Article 3 of the Sanctions Law.

The group of companies Parimatch has never created any real or potential threats to national interests, national security, sovereignty, or the territorial integrity of Ukraine or any other state. The group of companies Parimatch has not supported terrorist activities, violated human rights, or harmed the interests of Ukrainian society and the state. It is absurd to suggest that the legitimate actions of the group of companies Parimatch  are linked to the occupation of territory, expropriation, or restriction of property rights, loss of property, creating obstacles to sustainable economic development, or preventing citizens of Ukraine from exercising their rights and freedoms.

In addition, there are no decisions by the United Nations, the European Union, or any other international organization or institution that have imposed sanctions on the group of companies Parimatch or in any way questioned its legitimate activities. It is similarly absurd to suggest that the group of companies Parimatch violates the Universal Declaration of Human Rights or the Charter of the United Nations.

According to media reports, sanctions were allegedly imposed on the group of companies Parimatch due to its connections with the russian federation. However, these rumours have no basis in fact. Parimatch has no connection whatsoever to the russian federation.

Firstly, there are no citizens or legal entities of the russian federation who directly or indirectly own a share in the Parimatch group or have influence over the group’s operations. In addition, Ukrainian companies within Parimatch have owned licenses for organizing and conducting gambling activities in Ukraine throughout the entire period and were therefore under the close supervision of the Commission for the Regulation of Gambling and Lotteries. As the Commission checks for the presence of beneficial owners or shareholders who are citizens or residents of an aggressor state, the Commission’s strict oversight in itself confirms that there are no citizens or residents of the russian federation in Parimatch’s ownership structure.

Secondly, Parimatch has no operations in russia, receives no revenue from russia, nor pays for any services from russian companies. Immediately following the March 2022 full scale invasion, Parimatch terminated even the limited legacy cooperation with russian companies it had at the time, which was negligible and limited to technical assistance. This was fully disclosed and publicly announced at the time.

Parimatch’s contributions to Ukraine

Taxes 2021-2023

957 000 000 uah

2023

Licenses 131 000 000uah
Taxes 203 000 000uah

2022

Licenses 131 000 000uah
Taxes 354 000 000uah

2021

Licenses 131 000 000uah
Taxes 8 000 000uah

Aid to Ukrainian Armed forces and charity foundations

547 000 000 uah

Help for the military

  • 3 682 pcs. Bulletproof vests
  • 41 pcs. Drones + batteries
  • 14 485 pcs. Ammunition
  • 171 pcs. + 8 pcs. Cars + ambulances
  • 15 075 pcs. Medical supplies
  • 12 000 pcs. Mattresses, bedding, pillows
  • 44 pcs. Charging stations
  • 591 pcs. Military communications equipment
  • 10 000 l Gasoline for the Armed Forces
  • 746 pcs. Optics
  • 1 455 pcs. Equipment and repair
  • 75 pcs. Generators
  • 2 300 pcs. Food sets
  • 2 pcs. Ventilators

Help to charitable foundations

  • 89 miouah
  • 75 miouah
  • 35 miouah
  • 8,5 miouah
  • 5 miouah
  • 5 miouah
  • 5 miouah
  • 4 miouah
  • 3 miouah
  • 1 miouah
  • 500 food
    sets
  • 400 Kuah

Structure of Ukrainian PMBL as of 10.03.2023

structure

Legal position

Ukrainian legislation and the relevant practice cases of the Supreme Court define sanctions as “an exceptional, temporary, extreme and necessary (non-random) measure” that the state must apply “in proportion to the threats to national interests, national security or to counter terrorist activities that the state is trying to prevent by using them” (Resolution of the Grand Chamber of the Supreme Court of July 07, 2022 in case No. 9901/348/21).

parimatch ukraine

Pursuant to Article 3 of the Law of Ukraine “On Sanctions” (the “Sanctions Law“), “the application of sanctions is based on the principles of legality, transparency, objectivity, proportionality and effectiveness”, as well as in the presence of exceptional grounds provided for in Article 3 of the Sanctions Law. In its Decision of June 18, 2020 in case No. 9901/259/19, the Supreme Court stated that the grounds for the application of sanctions “must be valid, existent in objective real facts, supported by evidence that reliably testifies to the commission of such actions”, which are specified in Article 3 of the Law on Sanctions, in particular: “actions of a foreign state, foreign legal entity or individual, other entities that pose real and/or potential threats to the national interests, national security, sovereignty and territorial integrity of Ukraine, promote terrorist activities and/or violate human and civil rights and freedoms, interests of society and the state, lead to the occupation of territory, expropriation or restriction of property rights, cause property losses, create obstacles to sustainable economic development, full exercise of rights and freedoms by citizens of Ukraine.“