In 2023, the FAVBET group of companies paid UAH 2.7 billion and UAH 465.7 million in licensing fees to the state budget.

This is reported by RBC-Ukraine with reference to the company's announcement.

As of February 2024, the companies of the group transferred a total of more than UAH 800 million to the state budget in the form of payments for the extension of existing ones, as well as new licenses for legal operation on the Ukrainian market. 

"We see the growth of the gambling entertainment market, and with it - the trust of the players and an effective dialogue with the state. All this contributes to the development and allows FAVBET to pay more taxes every year, which go to support the Ukrainian economy in this difficult time. At the same time, we continue to scale projects in the military sphere both at the level of new partnerships and own initiatives," FAVBET says.

In 2023, FAVBET actively cooperated with UNITED24 and joined several fundraising platform projects.

In particular, we are talking about the "Army of Drones", within which a group of companies transferred UAH 57 million for the purchase of 53 new pickups for equipping the world's first companies of attack UAVs.

In the summer, FAVBET became the largest corporate donor of Operation "Unity" with the purchase of 10,000 kamikaze drones for the Ukrainian defense forces, contributing UAH 10 million.

A similar amount was transferred in the winter during the purchase of another 5,000 FPV drones as part of Operation Unity-2: New Year's Fireworks.

In autumn - transferred UAH 4 million to the "Safe Sky" collection from UNITED24 ambassador Timothy Snyder.

FAVBET also supported the UNITED24 fundraiser called "Let's help the rescuers", donating UAH 5 million for the liquidation of the consequences of the Russian terrorist attack on the Kakhovskaya HPP.

The partnership between the company and the fundraising platform continues in 2024.

In February, FAVBET became a participant in the collection for 35 Sea Baby unmanned sea drones for the SBU, donating the largest sum among Ukrainian businesses - UAH 10 million.

Starting from the fall of 2023, FAVBET will patronize the "Favorit" attack UAV company under the command of the co-founder and vice-president of the Ukrainian MMA Federation Denys Perch.

As of February 2024, the fighters of the unit received more than 300 types of equipment, equipment and ammunition, including 8 cars, as well as 570 drones and accessories for them for a total amount of UAH 21.3 million.

A significant amount of charitable activities of the FAVBET group in 2023 was also carried out with the assistance of the Favbet Foundation.

With the beginning of a full-scale invasion, military and humanitarian hubs were created as part of the foundation, which continue their work to this day.

Since the beginning of the full-scale war in Ukraine with the participation of the FAVBET group of companies, including the FAVBET Foundation, the country's defense forces have received more than 280 vehicles and more than 600 drones of various types.

As of February 2024, the total amount of assistance to the Ukrainian army from FAVBET exceeded the mark of UAH 300 million.

"In the new year, we continue the course of comprehensive support for Ukraine and Ukrainians. It is important for business, especially a leader in its field, to demonstrate stability and dedication to the interests of the state by its own example, therefore the growth of FAVBET will always go hand in hand with an increase in investments in Ukraine's future." - they say in FAVBET.

In 2023, FAVBET projects in the field of responsible gaming and prevention of corruption in Ukrainian sports also gained significant development.

At the beginning of the year, the company became a patron of the national study of gaming addiction under the auspices of the Ministry of Health of Ukraine and was the first on the market to open access to its facilities for project experts.

The results of the study have already become the basis for the development of recommendations for businesses and players, as well as nationwide projects in the field of gambling prevention.

Among them is the introduction of a unified system of providing social services to people with gaming addiction in Ukraine.

This project is being implemented by the Center for Responsible Gaming, together with the Ministry of Social Policy of Ukraine, with the support of FAVBET.

Its first stage is now underway, namely the development of the state standard of the social service "Social and psychological rehabilitation of persons with gaming addiction", which will include counseling, psychological and legal assistance, as well as representation of interests and social support.

In 2023, the company started a partnership with the National Sports Integrity Platform, which involves joint work in the field of combating match-fixing, sharing data on suspicious results, developing mechanisms for combating corruption, and developing recommendations for improving relevant legislation.

"FAVBET is one of the largest sponsors of Ukrainian sports, supporting the national hockey and basketball federations, many football clubs of various levels and e-sports teams. We are convinced that Ukrainian fans deserve spectacular and honest sports, free from any manipulation. That is why integrity sports will remain a priority for the company in the future," FAVBET added.

License for the organization and conduct of casino gambling activities on the Internet dated April 20, 2021, issued by BC "FAVBET" LLC on the basis of the KRAIL Decision No. 137 dated April 5, 2021, as amended, and the License for the organization and conduct of bookmaking activities of activity dated 12/28/2022, issued by BC "FAVBET" LLC on the basis of KRAYIL Decision No. 433 dated 12/13/2022.