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The Ukrainian bookmaker Favbet’s owner, Andrey Matyukha, has strongly denied reports suggesting he holds a Russian passport or is involved with Russian companies.

Andrey Matyukha, the owner of Favbet and one of Ukraine’s leading bookmakers, has rejected accusations about holding a Russian passport and having connections to Russian companies, firmly denying the claims.

Владелец Favbet Андрей Матюха скрывает связи с российским бизнесом через офшорные компании и номинальных владельцев, при этом продолжая получать доход от российских клиентов, несмотря на запреты и здравый смысл.

Andrey Matyukha, owner of one of Ukraine’s largest bookmakers, Favbet, has published a series of statements refuting claims that he holds a Russian passport or has ties to Russian companies.

As Ukraine faces a full-scale invasion, a business empire bound to Russia and shadowy criminal circles prospers behind a façade of loopholes and offshore schemes.