Parimatch’s Ukrainian operations suspended by government

Regulation

The Parimatch international bookmaker has suspended its operations in Ukraine.

“Parimatch LLC, in compliance with the Constitution, laws of Ukraine, and Decree No. 145/2023 of the President of Ukraine

“On the decision of the National Security and Defense Council of Ukraine of March 10, 2023 ‘On the application and introduction of changes to personal special economic and other restrictive measures (sanctions)’” reports the following: the company’s operations are suspended, the platform is unavailable for clients, the pm.ua website is blocked,” the company said in a statement.

Parimatch said that their next steps will be to provide refunds to their clients. The company is looking for a legal refund mechanism at the moment, it is reported.

“Clients can be affirmed that all personal funds are currently safe. They have been frozen and will be transferred in full,” the statement reads.

Also, Parimatch will suspend all affiliate contracts and is looking for a legal mechanism to repay debts for all services provided.

In addition, the company will terminate employment relations with the team. “We understand that stopping all operational processes of the company will not allow us to fulfill our obligations to the team,” Parimatch explained.

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