Eastern Europe

Parimatch Confirms Participation in Ukraine’s License Application Process

Published

5 years ago

September 7, 2020

Niji Narayan

Reading Time: < 1 minute

Cyprus-based betting giant Parimatch has confirmed that it is looking forward to joining the the license application process in Ukraine. The company is already operating in Kazakhstan, Tajikistan, and Belarus in addition to Cyprus.

“Parimatch holding only operates in ‘regulated jurisdictions’, which sometimes means it has to wait a long time for markets to open and licences to be provided” explained Maksym Liashko, who as Partner at Parimatch oversees legal, finance, compliance, and communications areas. “The company is aiming to get one in Ukraine as soon as the application process starts, which is a vitally important process, as obtaining the licence will allow Parimatch holding to enter a key region in the Eastern European market. Also, as a policy, Parimatch holding does not operate in non-licenced countries, so it’s important that it can operate in the licenced countries it wants to enter.”

Related Topics:Parimatch Ukraine

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.