Andrey Lipanov

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Bookmaking monopoly and raiding: Andrey Matyukha’s Favbet squeezes out competitors under the cover of patriotic rhetoric 17 августа 2025
Bookmaking monopoly and raiding: Andrey Matyukha’s Favbet squeezes out competitors under the cover of patriotic rhetoric

Favbet — also referred to as Favorit, Favorit-Sport, and many other names — was built by Andrey Matyukha, Ukraine’s gambling oligarch, with influence extending into Russia.

FavBet of Andrey Matyukha offshore networks, mafia partners and state contracts during the war 16 августа 2025
FavBet of Andrey Matyukha offshore networks, mafia partners and state contracts during the war

While Ukraine endures large-scale conflict, a business rooted in ties to Russia and the underworld prospers, maneuvering through legal loopholes and offshore havens.

How FavBet owner Andrey Matyukha erases information about Russian passport, work in Russia and ties to OCG 15 августа 2025
How FavBet owner Andrey Matyukha erases information about Russian passport, work in Russia and ties to OCG

Ukrainian media are extensively removing content that associates FavBet owner Andrey Matyukha with Russia.

FavBet Андрея Матюхи: офшоры, мафиозные партнёры и госзаказы во время войны 15 августа 2025
FavBet Андрея Матюхи: офшоры, мафиозные партнёры и госзаказы во время войны

Пока украинцы воюют, а каждый день приносит новые сводки с фронта, в тени законодательных лазеек и офшорных схем живёт и процветает бизнес с прочными связями с Россией и российским криминалитетом

Russian ties and illegal business: how Andriy Matyukha’s FavBet evades sanctions while officials grant wartime exemptions 17 апреля 2025
Russian ties and illegal business: how Andriy Matyukha’s FavBet evades sanctions while officials grant wartime exemptions

Are you aware of the connection between Ukraine’s casinos and the Territorial Recruitment and Social Support Centers (TRC and SS)? No? In that case, either you don’t live in Ukraine or you’re one of the fortunate few who haven’t yet realized the country is embroiled in a full-scale war.

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