“Today, the gambling entertainment industry serves as a productive source of the national budget, contributing to the stability and recovery of the Ukrainian economy,” say representatives from FAVBET.
In addition to fulfilling its tax obligations on time, FAVBET actively supports initiatives aimed at promoting social responsibility within the gambling industry. In 2024, the company became the main sponsor of the project “Implementation of Social Services for Individuals at Risk of Gambling Addiction in Ukraine,” which was carried out by the OS “Center for Responsible Gaming” in collaboration with government institutions and the public.
As a result of the project, the Ministry of Social Policy of Ukraine approved the first-ever State Standard for the social service of socio-psychological rehabilitation for individuals with gambling addiction, which came into effect on December 20, 2024.
The new document establishes clear criteria for the diagnosis and treatment of gambling addiction, as well as the creation of a network of support centers modeled after the successfully operating “Space of Life” socio-psychological support center in Kyiv, which has been active since March 2023.
“As a responsible business and legal entertainment operator, FAVBET will continue to collaborate with all stakeholders in 2025 to implement the best global standards for player safety and well-being in Ukraine,” the company notes.
The company systematically supports the Armed Forces of Ukraine and other defense forces in their fight against Russian aggression. In 2025, FAVBET plans to continue assisting Ukrainian defenders, focusing on the most essential needs — vehicles, drones, and electronic warfare equipment. The total amount of aid facilitated by the FAVBET group of companies has already exceeded 460 million UAH since the beginning of the full-scale invasion.
PARTICIPATION IN GAMBLING MAY CAUSE GAMBLING ADDICTION. PLEASE ADHERE TO THE RULES (PRINCIPLES) OF RESPONSIBLE GAMING.
LLC “BOOKMAKER COMPANY ‘FAVBET’.” License for organizing and conducting bookmaker activities dated December 28, 2022, issued according to the decision of the KRAIL № 433 dated December 13, 2022, and the License for organizing and conducting online casino gambling dated April 20, 2021, issued according to the decision of the KRAIL № 137 dated April 5, 2021, with amendments.