{"id":10456,"date":"2025-08-13T09:07:03","date_gmt":"2025-08-13T08:07:03","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=10456"},"modified":"2025-08-13T09:07:09","modified_gmt":"2025-08-13T08:07:09","slug":"favbet-pays-over-100-million-in-taxes-in-first-half-of-2025","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/","title":{"rendered":"FAVBET Pays Over $100 Million in Taxes in First Half of 2025"},"content":{"rendered":"\n<p>In the first half of 2025, the <a href=\"https:\/\/www.instagram.com\/p\/DMX2q0PIItt\/\">FAVBET Group<\/a> paid <strong>UAH 4.37 billion<\/strong> <strong>(USD 106,4 million) <\/strong>in taxes to Ukraine\u2019s state budget, marking a significant increase from the UAH 3.08 billion (USD 74,94 million) contributed during the same period in 2024. This more than 40% year-over-year growth underscores the company&#8217;s steadily increasing fiscal contribution to the national economy.<\/p>\n\n\n\n<p>For the full year of 2024, FAVBET\u2019s total tax payments amounted to <strong>UAH 6.75 billion (USD 164,2 million)<\/strong>.<\/p>\n\n\n\n<p>\u201cWe are seeing how the gambling industry is evolving \u2014 responsible gaming standards are improving, marketing strategies are becoming more sophisticated, and there is active communication with international companies,\u201d reads the company\u2019s statement. \u201cTimely, full, and unconditional payment of taxes is a fundamental and non-negotiable principle of our business operations.\u201d<\/p>\n\n\n\n<p>Despite this progress, the company also noted a broader market trend of declining deposit volumes, signaling overall contraction within the gambling sector.<\/p>\n\n\n\n<p>FAVBET Group emphasizes that it operates transparently and in full compliance with Ukrainian legislation, and is prepared to cooperate fully with regulatory authorities upon request.<\/p>\n\n\n\n<p>\u201cAll of our tax obligations are fulfilled on time and in full, as confirmed by official records and reports from tax authorities,\u201d the company said in a statement. \u201cWe are open to any audits and view recent accusations as an attempt at unjustified pressure.\u201d<\/p>\n\n\n\n<p>Since the beginning of Russia\u2019s full-scale invasion of Ukraine, FAVBET Group has provided over UAH 730 million (<strong>USD 17,8 million)<\/strong> in support to the Ukrainian Armed Forces and other defense units.<\/p>\n\n\n\n<p>The company also remains actively engaged in corporate social responsibility initiatives. Since 2023, FAVBET has served as the general partner of a comprehensive national program aimed at introducing social services for individuals at risk of gambling addiction.<\/p>\n\n\n\n<p>In 2024, the project led to the adoption of Ukraine\u2019s official standard for the socio-psychological rehabilitation of individuals with gambling addiction and the launch of a specialized treatment center.<\/p>\n\n\n\n<p>In 2025, FAVBET supported a new international exchange program for Ukrainian experts in responsible gaming and addiction prevention, initiated by the Responsible Gaming Center (RGC).<\/p>\n\n\n\n<p>\u201cThe development of the gambling market must go hand in hand with stronger player protection standards, both from operators and the state. This is the global best practice, and it\u2019s the approach we aim to institutionalize in Ukraine,\u201d the company said.<\/p>\n\n\n\n<p>Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the first half of 2025, the FAVBET Group paid UAH 4.37 billion (USD 106,4 million) in taxes to Ukraine\u2019s state budget, marking a significant increase from the UAH 3.08 billion (USD 74,94 million) contributed during the same period in 2024. This more than 40% year-over-year growth underscores the company&#8217;s steadily increasing fiscal contribution to [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":10457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1,564],"tags":[763,160,115],"class_list":["post-10456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","category-slider","tag-favbet","tag-taxes","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FAVBET Pays Over $100 Million in Taxes in First Half of 2025 - SBC EURASIA EN<\/title>\n<meta name=\"description\" content=\"In the first half of 2025, the FAVBET Group paid UAH 4.37 billion (USD 106,4 million) in taxes to Ukraine\u2019s state budget, marking a significant increase from the UAH 3.08 billion (USD 74,94 million) contributed during the same period in 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAVBET Pays Over $100 Million in Taxes in First Half of 2025 - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"In the first half of 2025, the FAVBET Group paid UAH 4.37 billion (USD 106,4 million) in taxes to Ukraine\u2019s state budget, marking a significant increase from the UAH 3.08 billion (USD 74,94 million) contributed during the same period in 2024.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-13T08:07:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-13T08:07:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/08\/Favbet.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maria Khomeriki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maria Khomeriki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/\"},\"author\":{\"name\":\"Maria Khomeriki\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"headline\":\"FAVBET Pays Over $100 Million in Taxes in First Half of 2025\",\"datePublished\":\"2025-08-13T08:07:03+00:00\",\"dateModified\":\"2025-08-13T08:07:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2025\/08\/Favbet.jpg\",\"keywords\":[\"FAVBET\",\"taxes\",\"Ukraine\"],\"articleSection\":[\"Gambling\",\"News\",\"slider\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2025\/08\/13\/favbet-pays-over-100-million-in-taxes-in-first-half-of-2025\/\",\"name\":\"FAVBET Pays Over $100 Million in Taxes in First Half of 2025 - 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