In the first six months of 2024 , the FAVBET group of companies paid more than UAH 3.15 billionto the Ukrainian economy: more than UAH 3.1 billion in taxes and another 41.3 million in license fees, UNN reports.
Remaining one of the largest taxpayers in the legal gambling industry in Ukraine, FAVBET continues to increase its charitable assistance in several areas - from supporting the Ukrainian army and war victims to developing educational initiatives, promoting medicine and participating in national gatherings.
In the first half of 2024, FAVBET allocated more than UAH 143 million for charity and the needs of the Armed Forces of Ukraine. In total, since the beginning of the full-scale war in Ukraine, the FAVBET group of companies, with the participation of the FAVBET Foundation, has donated more than 280 vehicles and more than 650 drones of various types to the Armed Forces and other defense forces.
"FAVBET is a responsible business that strives to have a positive impact not only on the market but also on the society in which it operates. This year, we plan to expand most of our charitable programs and will continue to respond to urgent humanitarian needs," FAVBET says.
As previously reported, in July 2024, FAVBET Group, along with hundreds of other Ukrainian businesses, joined the collection for Okhmatdyt after the Russian missile attack on July 8, donating UAH 10 million to rebuild damaged buildings and purchase new equipment.
PARTICIPATION IN GAMBLING CAN CAUSE GAMBLING ADDICTION. FOLLOW THE RULES (PRINCIPLES) OF RESPONSIBLE GAMBLING.
FAVBET BETTING COMPANY LTD. License for the organization and conduct of betting activities dated 28.12.2022, issued in accordance with the decision of the State Commission for the Regulation of Internet Activities No. 433 dated 13.12.2022 and License for the organization and conduct of casino gambling on the Internet dated 20.04.2021, issued in accordance with the decision of the State Commission for the Regulation of Internet Activities No. 137 dated 05.04.2021, as amended.