Investigation: Unknown lope.bet project in Matyukha's business structure

Discovery of an unknown platform in the business structure

An analysis of the "Casino Secrets" case materials regarding the so-called "Favika" revealed the existence of a separate project called Favorit United, implemented through the lope.bet platform. Unlike other resources associated with Oleg Matyukha, this website remains active. The homepage explicitly states that the casino belongs to the company Favorit United. In professional registries, the Curaçao licence (number OGL/2024/300/0596) is also registered to the legal entity Favorit United N.V.

Geography and licensing history

The domain name lope.bet was registered back in 2022. However, the project only received an official licence from Curaçao in May 2023. The website interface is available in two languages: English and Hindi. This choice of languages is logically explained by the company's strategy: India is identified as the main target market. The geography covered in partner offers includes India and Bangladesh, and the minimum deposit amount is approximately $4.

Financial forecasts and actual state

According to the business plan, the estimated gross gaming revenue (GGR) in the first year of operation was to be €4.5m. By the third year of the plan, this indicator was expected to grow to €15m. It is worth noting that GGR is not net profit, but the difference between the amounts of bets and payouts to players, without accounting for salaries, platform costs, and taxes. Converted to hryvnia (at an exchange rate of approximately 48 UAH/EUR), this corresponds to an estimated 215–220m UAH at the start and approximately 720m UAH in the third year.

Thus, on paper, India was to become not just a showcase, but a separate million-dollar financial stream that would complement the Ukrainian Favbet.

However, lope.bet currently functions only as a landing page. There are no options for placing bets or withdrawing funds. The planning remains only in PDF files. Despite the presence of a licence and the Favorit United brand on the homepage, the expected volumes of financial flows from the Indian market have not been realised.

Suspicious share deal

A separate aspect that raises questions is information about the transfer of 17,000 shares of the company Favorit United N.V. to a person surnamed Vedran Frelih. The price per share was $1, with the total value of the deal being $17,000. Formally, the international asset was valued at an amount equivalent to the value of the shares. Meanwhile, the business plan for the same direction assumed obtaining tens of millions of euros in gross revenue. This creates a dissonance: either the shares were sold at nominal price despite the real value of the business, or the financial indicators do not correspond to the terms of the contract.