PIN-UP Ukraine paid UAH 3.4 billion to the state budget in 2023. Tax payments included income tax, single tax, tax on winnings, personal income tax, military duty, unified social contribution, as well as an annual license fee of UAH 23.4 million. The company remains the largest taxpayer in Ukraine in the gambling sector.
“PIN-UP Ukraine is the largest taxpayer among the representatives of the legal gambling business in Ukraine. Despite the martial law in the country, we continue to operate and make all necessary payments to the budget of Ukraine in a timely manner. Honesty and transparency are important to us, so we will continue to fulfill our tax obligations for the economic stability of the country. We will also continue our humanitarian mission and help Ukrainians affected by the war,” commented Igor Zotko, owner of PIN-UP Ukraine.
The company regularly donates to the PIN-UP Foundation, a charity fund that allocates all its resources to support and develop Ukraine. The company has donated more than UAH 153.3 million to charitable and humanitarian projects. PIN-UP has evacuated more than 100 Ukrainians who lost their homes abroad, participated in a rescue mission after the Kakhovka hydroelectric power plant explosion, repaired and equipped children’s centers in Kyiv region, and installed stationary street shelters in Kherson and Kharkiv region. As part of the LINE-UP project, the Foundation delivered 200 tons of essential goods to frontline cities and helped 15,000 Ukrainians from more than 100 settlements in Donetsk, Luhansk, Kharkiv, Kherson, Mykolaiv and Zaporizhzhia regions.
PIN-UP Ukraine is a Ukrainian online casino that was one of the first in Ukraine to obtain an operating license. The license to organize and conduct casino gambling on the Internet was issued to UKR GAME TECHNOLOGIES LLC by the Commission for Regulation of Gambling and Lotteries in 2021.
UKR GAME TECHNOLOGIES LLC, a licensed representative of the PIN-UP Ukraine market, tops the rating of businesses with an impeccable business reputation in the gambling industry by Opendatabot.
Under martial law, PIN-UP Ukraine, one of the representatives of the legal gambling business in Ukraine, transferred UAH 23.4 million of license fees to the state budget.
The gambling business supports the Ukrainian economy and makes annual payments for licenses, despite the possibility of a delay due to Russia’s full-scale war against Ukraine.
“Today, the Ukrainian economy is suffering losses due to the full-scale invasion of the Russian Federation. PIN-UP Ukraine, as one of the leaders in the market of licensed casinos in Ukraine, did not stop its activities in the online segment of the gambling market and regularly pays annual fees for licenses. The PIN-UP Ukraine team will continue to support the economy of Ukraine,” commented Igor Zotko, COO PIN-UP Ukraine.
In 2021, PIN-UP Ukraine paid a license fee in the amount of UAH 23.4 million to the state budget.
Recall, according to the Commission on Gambling and Lotteries, this year, for the first six months, UAH 746.94 million has already been received from paying for licenses to carry out activities in the field of organizing and conducting gambling and issuing and conducting lotteries.
