Favbet has the most complex legal structure of the top 5 Ukrainian licensed casinos. The brand is split across three legal entities: LLC "BC Favbet" holds the online casino and bookmaking license; LLC "Favbet Game Slots" operated the network of land-based halls (whose license PlayCity revoked on 22 April 2026); LLC "Favorit Casino Company" holds the only legal land-based casino in Kyiv. This review covers how this structure affects the player, what happened last week, and whether the online side at favbet.ua should still be trusted.
The three legal entities of Favbet group
For a player visiting favbet.ua, this structure isn't obvious — they see one brand. But legally it's three different companies, each with its own EDRPOU and license. Let's break it down:
| Legal entity | EDRPOU | What it holds | Status |
|---|---|---|---|
| LLC "BC Favbet" | 43457382 | favbet.ua (online casino + bookmaking) | Active |
| LLC "Favbet Game Slots" | — | Network of land-based halls | License revoked 22.04.2026 |
| LLC "Favorit Casino Company" | — | Land-based casino in Mercure Kyiv hotel | Active (only licensed casino in Kyiv) |
For online players at favbet.ua, only the first matters. LLC "BC Favbet" with EDRPOU 43457382 was founded on 17 January 2020; director — Ihor Pavlovych Siruk; legal address — Kyiv, 8/39a Stepan Bandery Avenue; registered capital ₴54 million. It holds two KRAIL licenses: No.137 dated 05.04.2021 (online casino) and No.433 dated 13.12.2022 (bookmaking).
The 22 April 2026 incident: what happened and what it means
On 22 April 2026, the State Agency PlayCity revoked the license of LLC "Favbet Game Slots" for organizing gambling in slot-machine halls. Ground — violation of legislation: during a scheduled inspection, the regulator found 108 slot machines operating without verified inspection. A fine of over ₴933 million was applied to the operator.
Honestly, the news is loud. ₴933 million is the largest single fine in the new history of Ukraine's gambling regulation. But a clarification for online casino players: this is a different legal entity. LLC "Favbet Game Slots" is a separate company that ran land-based halls. The online platform favbet.ua is held by LLC "BC Favbet" (EDRPOU 43457382) — and PlayCity didn't touch its license.
We checked this nuance within 24 hours of the news: from 22 to 23 April we monitored payouts on favbet.ua and tested two withdrawals to Monobank — both completed in 11 and 7 minutes respectively. Support worked without delays. No restrictions or declared changes to the online casino license were recorded.
The Favbet Game Slots situation doesn't relate to the online side. But the incident raises a question: if one of the three group entities had serious control issues, how thoroughly is the second one being checked? There's no evidence of problems at BC Favbet so far — but a clean record of 5 years and full trust are different things. Serhii Vovchenko, Tymoshenko editorial
favbet.ua online casino licenses
Two separate licenses, both issued by KRAIL before its dissolution:
- No.137 dated 05.04.2021 — online casino (issued 20.04.2021)
- No.433 dated 13.12.2022 — bookmaking (issued 28.12.2022)
Both have a 5-year term. The first expires April 2026 (now); the second — December 2027. This means Favbet must soon undergo PlayCity re-registration of its online casino license. As of writing this review, we found no public information on a filed application. But based on other operators' practice (First Casino re-registered February 2026, Slots City November 2025), this is a routine procedure.
Welcome package: ₴280,000 + 600 FS for casino + sports
Favbet offers the largest combined welcome among the top 5 — by splitting it across casino and sports. Total — up to ₴555,000.
Casino welcome
- Up to ₴280,000 + 600 free spins, spread across 4 deposits
- 1st deposit: +100% (max ₴70,000) + 200 FS in Sweet Bonanza
- 2nd deposit: +75% (max ₴70,000) + 150 FS
- 3rd deposit: +50% (max ₴70,000) + 150 FS
- 4th deposit: +50% (max ₴70,000) + 100 FS
- Wager x40, min deposit ₴100
Sports welcome
- Up to ₴275,000 in free bets
- Distribution: up to ₴50,000 for the first 5 stakes at min odds 1.5
- Remainder — for activity over the first 14 days
On paper this looks staggering. In practice — to extract maximum casino welcome you'd need ₴280,000 of deposits in a limited window. Not for the casual player. With a more modest budget (₴5,000–10,000 across 4 deposits), the real welcome amount is ₴30,000–60,000 plus free spins.
Catalog: 3,500+ games with a live focus
Favbet doesn't publish exact catalog size. Per our count at testing — roughly 3,500–3,800 slots and live games. Less than the leaders (First — 7,000+, Slots City — 4,800), but enough for any genre query.
Where Favbet really stands out is the live section. Alongside Evolution Gaming and Pragmatic Play Live, Ezugi is actively present (more Asian content, sic-bo, baccarat variants). Live shows: Crazy Time, Funky Time, Sweet Bonanza CandyLand, Monopoly Live, Mega Wheel, plus classic roulettes and blackjack.
What we liked — a separate poker section. Texas Hold'em, Omaha 5, Caribbean Stud — all live with real dealers. This is unusual: most UA operators stick to casino-style poker variations (Casino Hold'em). Only VBet and Favbet in the top 5 offer full live poker.
Sports section: 35+ disciplines
Through license No.433, Favbet runs full bookmaking. The line covers 35+ disciplines: football, tennis, hockey, basketball, handball, volleyball, plus cybersport (CS:GO, Dota 2, LoL — line thinner than GGBet but key tournaments are present). Markets: classic (1/X/2, totals, handicaps), live betting, free kicks, corners, cards, player stats.
Margin — about 5–7% depending on discipline. For the UA football championship, margin is around 4.5%, better than the Ukrainian average.
Deposits and withdrawals
| Method | Deposit | Withdrawal | Time |
|---|---|---|---|
| Visa / Mastercard | from ₴100 | ₴200–60,000 | 15–60 min |
| Apple Pay / Google Pay | from ₴100 | — | instant |
| Monobank Bank ID | from ₴100 | ₴200–100,000 | 5–15 min |
| PrivatBank Bank ID | from ₴100 | ₴200–80,000 | instant |
| Sense Bank Bank ID | from ₴100 | ₴200–60,000 | 15–30 min |
| Pumb | from ₴100 | ₴200–50,000 | 30–60 min |
Payment support here is among the broadest — Favbet is one of the few UA operators integrating Sense Bank and Pumb via Bank ID rather than only via cards. This makes deposits from these banks instant, not 24-hour.
How people search for Favbet in Ukraine
Favbet strengths and weaknesses
Strengths
- Largest combined welcome (280K casino + 275K sports)
- Two licenses — full casino + bookmaker
- Broadest payment support among top 5 (Sense + Pumb via Bank ID)
- Active live poker with real dealers
- Deep live section with Ezugi content
- Sports line of 35+ disciplines and ~5% margin
Weaknesses
- 22.04.2026 incident with LLC "Favbet Game Slots" — separate legal entity, but a reputational factor
- Welcome package requires large deposits to fully realize
- Catalog smaller than First (7000+) and Slots City (4800)
- Wager x40 — at the upper market boundary
- PlayCity re-registration of online license expected in coming months
FAQ — frequently asked questions
Is Favbet legal after the 22 April incident?
Yes. The license revoked was at LLC "Favbet Game Slots" — a separate legal entity that operated land-based halls. The favbet.ua online casino is held by LLC "BC Favbet" (EDRPOU 43457382), with active KRAIL licenses No.137 (online casino) and No.433 (bookmaking). At time of check, payouts, registration and all site functions worked without restrictions.
Who operates the Favbet online casino?
LLC "Bookmaker Company Favbet" (BC Favbet), EDRPOU 43457382. Legal address: Kyiv, 8/39a Stepan Bandery Avenue. Director — Ihor Pavlovych Siruk. Registration date — 17.01.2020.
How do I register at Favbet?
Via email + password, phone + code, or Bank ID (Monobank, PrivatBank, Sense, Pumb). Bank ID is the fastest method (30–60 seconds), including parallel verification. If you register via email — separate Diia verification is required before the first withdrawal exceeding ₴14,000.
What is the minimum deposit at Favbet?
₴100 via any method, including Visa/Mastercard cards, Apple Pay/Google Pay, Bank ID Monobank/Privat/Sense/Pumb. The casino welcome bonus activates from ₴100.
Does Favbet have live poker?
Yes. Texas Hold'em, Omaha 5, Caribbean Stud — live with real dealers from Evolution Gaming and Pragmatic Live. It's one of the few UA platforms offering full live poker (alongside VBet).
Can I withdraw from Favbet via Sense Bank Bank ID?
Yes. Favbet was among the first UA casinos to integrate Sense Bank via Bank ID. Withdrawals take 15–30 min. Deposits — instant. Alternative — via Sense card (15–60 min).
Editorial verdict
Favbet is the most complex choice in the top 5. On one hand, it's the most complete product: casino + poker + sports under one brand, with the largest combined welcome and broadest payment support. On the other hand, the 22 April 2026 incident with one of the three group entities is a signal worth considering, even though it doesn't touch the online side.
Final score — 4.4/5 (with a 0.1 reduction in the next quarterly review while we observe PlayCity's reaction to the group). Recommended for: players combining casino + sports + poker under one account; live-segment fans drawn to Ezugi content; players holding accounts at Sense or Pumb. Not recommended for: players for whom reputational stability is critical (better First); those who want only slots and nothing more (here First or Slots City lead in catalog volume).
