25,000 People Sign Petition to Undo Ukraine's Ban on Parimatch

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The petition launched by Parimatch, urging Ukraine's President Volodymyr Zelenskyy to review the sanctions imposed on their betting company, has amassed more than 25,000 signatures.

Having reached this impressive figure, it's now certain that the petition will be delivered to Zelenskyy for consideration. In accordance with Ukrainian law, once a petition accumulates 25,000 signatures, it is forwarded to the president for deliberation, in which the latter is given ten days to respond to the appeal.

Parimatch was one of the operators that exited Ukraine in March this year after Zelenskyy signed Presidential Decree No. 145/2023 into law, which banned over 287 companies, including betting businesses, from operating in Ukraine for 50 years.

The decree, which was enacted as a result of the decision taken by Ukraine's National Security and Defense Council (NSDC), also led to the imposition of sanctions on 120 individuals.

Parimatch had appealed its ban stating that the information considered by the Council about its operations in Russia was false. According to the company, "the ban was the result of a flawed and unfair investigation that falsely claimed company was doing business in Russia."

It also claimed that the sanctions on its business had negatively impacted "hundreds of thousands of citizens who can no longer access or retrieve their funds."

In its petition, Parimatch stated that it had supported Ukraine since the invasion and stopped its operations in Russia long before the sanctions were imposed.

We are Ukrainian patriots. Our fellow countrymen and countrywomen unequivocally agree with that. We have supported our country against Russia's full-scale invasion from the first day and immediately moved to terminate any remaining legacy business in the aggressor country. We trust that our president, a champion of the rule of law and liberal democratic values, will do the right thing and order a review of the unjust sanctions that were imposed on us in a flawed and unfair process.

Maxym LiashkoManaging Partner at Parimatch's Management Company Energame.

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