Parimatch in Ukraine: $557 Million Lawsuit over Tax Violations

Case Summary

The State Tax Service of Ukraine filed a lawsuit against LLC “Parimatch”, a legal entity associated with the Parimatch brand, which was previously subject to Ukrainian sanctions.

An audit for the years 2021–2023 revealed serious violations of tax legislation, including overdue settlements in foreign economic activity.

Total debt amount: $557 million.

License Revocation and Sanctions

In spring 2023, Parimatch lost its license due to suspicions of ties with Russia. This became the basis for the imposition of sanctions.

Later, media reported that the bookmaker might have continued operations in Ukraine under a different brand — Parik24, which sparked a new wave of accusations.

Legal Proceedings

Initially, the court of first instance sided with the company. However, the tax service appealed the decision. Currently, the case is being reviewed in the court of appeal.

Administrative Case Details:

• Category: Administrative cases on financial policy issues
• Case number: P/320/45141/24
• Date filed: March 7, 2025
• Date registered: March 8, 2025
• Access granted: March 10, 2025

Potential Consequences

If the court of appeal sides with the tax authority, this could lead to:

• permanent blocking of any Parimatch assets in Ukraine;
• inability to return to the market under a different brand;
• expansion of sanctions to affiliated entities.

Key Facts about the Parimatch Case: