Business news from Ukraine

International eSports bookmaker GG.BET has obtained licenses for betting and online casino operations in Ukraine

GGBET LLC acquired the rights to use the GG.BET brand in Ukraine and received a decision to issue licenses from the Commission for Regulation of Gambling and Lotteries for its activities (decisions No. 128, No. 129 of 08.08.2023). The date of the start of GGBET UA operations will be announced shortly.
GG.BET is an international esports bookmaker with Ukrainian roots, known for its partnerships with the world’s largest CS:GO and Dota 2 tournaments. The brand actively supports the development of global esports and acts as an official partner of major esports tournaments. In addition, the brand is a sponsor of the legendary NAVI and Team Vitality clubs.
GGBET UA will develop the esports community and promote the principles of responsible betting and online casinos. It also plans to support Ukrainian sports through investments, implementation of thematic social projects, and collaborations with sports leaders.
“Ukraine has a great potential for the development of the betting market, so obtaining licenses for the GG.BET brand is an expected and balanced decision. Ukrainian esports is characterized by a developed fan base and its own history of tournaments and high-profile victories. In addition, we are confident that fans of classic sports will also find attractive conditions and gain new interesting experience. We will offer Ukrainian bettors an excellent betting product and high-level service that the GG.BET brand provides to users in the global market,” the company’s press service commented.
As a reminder, the GG.BET brand has recently started operating in the UK under the license of the UK Gambling Commission, which is considered one of the most standardized and prestigious in the world.
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About GG.BET
GG.BET is an international eSports betting brand with operations in the UK, Europe, South America and Asia, operating under the licenses of the UK Gambling Commission, Antillephone (Curacao) and Malta Gaming Authority. GG.BET is a member of the ESIC public organization and stands for fair play in esports.

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BWIN BETTING BRAND EVENS ODDS FOR ZELENSKY AND POROSHENKO VICTORY IN UKRAINIAN PRESIDENTIAL RACE

ElectraWorks Limited (Gibraltar), operating under the bwin sports betting brand and owned by GVC Holdings PLC, has over the past five days raised the odds on a victory by showman Volodymyr Zelensky in the upcoming Ukrainian presidential elections, for the first time evening his odds with incumbent President Petro Poroshenko.
According to bwin, Poroshenko’s odds have dropped from 2 to 1 to 2.2 to 1, while Zelensky’s odds have increased from 2.7 to 1 to 2.2 to 1.
The odds of Baktivschyna Party leader and presidential candidate Yulia Tymoshenko have fallen again, according to the bookmaker, from 4 to 1 to 4.75 to 1.

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