Done's Schemes: How Ukrainian Hryvnia Turns into Swiss Francs via Importers

Investigation reveals a network of companies where funds are collected in Ukraine, converted into foreign currency, and transferred to Swiss Done Switzerland AG.

Minister Vysotsky: blockade will prevent export of up to 30 million tonnes of grain

Taras Vysotsky stated that alternative logistics corridors provide only 45% of the required volumes, threatening the loss of a significant portion of the harvest.

Estonian court convicts Oleg Besedin of undermining the country's territorial integrity

Lead State Prosecutor Taavi Pern confirmed that the activist was aware of the criminal liability for his actions, having contacted individuals who already had convictions for similar offences.

DBR exposes food theft at military unit in Dnipropetrovsk region involving SBU officer

Investigators uncovered a scheme for the misappropriation of military property organised by the deputy commander of the unit. The process was later overseen by an SBU counter-intelligence officer assigned to the unit.

Why buckwheat and sugar disappeared from ATB: retailer's official explanation

A representative of the ATB chain dispelled rumours about warehouse destruction, explaining that the buckwheat shortage is due to the cessation of supplies, while the disappearance of sugar is temporary.

US ban on diesel exports could trigger record fuel price hike in Europe

European experts warn that restrictions on US diesel exports could become a trigger for a historic rise in prices on the continent.

Kyiv court acquits Kivalov's son-in-law and former deputy prosecutor in bribery case

Shevchenkivskyi District Court of Kyiv found two former prosecutors not guilty of demanding $150,000 to close a case.

Crypto service Trustee: legal chaos, customer complaints and lifting of asset freeze

Investigation revealed that custodian company Trustee Plus has legally ceased to exist, while customers face fund blocking under the pretext of audits.

Ukraine's largest gambling operators earned $1.1bn in a year

20 March 2025 10:21by Редакция

The Ukrainian gambling market posted impressive financial results last year. The five largest operators — Favbet, Betking 777, SLOTS CITY, SuperGra Casino and Champion Casino — collectively earned 48bn hryvnia (approximately $1.1bn at the current exchange rate).

Cosmolot's record plunge

Against the backdrop of steady growth among other companies, Cosmolot demonstrated a significant decline. In 2023, its revenue stood at 27.15bn hryvnia, but last year it shrank 33-fold, amounting to just 0.82bn hryvnia. The collapse was caused by the freezing of accounts and legal disputes, which severely impacted the operator's market position.

Comments

No comments yet. Be the first!

Back to top ↑

Ukraine's largest gambling operators earned $1.1bn in a year

Cosmolot's record plunge

Comments

Leave a comment

More stories