IBOX BANK urges gambling market players to leave the Russian Federation

2022-03-31
news-post

Expressing its unwavering patriotic position, IBOX BANK condemns Russian barbarism and military aggression against Ukraine. At the end of February 2022, IBOX BANK terminated all partnership and business relations with Russia.

 

In addition, IBOX BANK supports the call of the Ukrainian Commission for the Regulation of Gambling and Lotteries to the players of the global gambling market to terminate relations with all Russian customers and partners, including the supply of products, technical support and servicing by the company or any of its other subsidiaries in Russia.

 

With the tacit consent of representatives of the Russian gambling and lottery market, taxes are used to finance international terrorism. However, the protection of the principles of democracy and peace can be restored now only through joint efforts.

 

As a sign of solidarity and support for Ukraine, the world’s leading companies in the sports betting industry around the world have already left the Russian market, including those that left the Russian market: William Hill і Bet 365; LeoVegas, Statscore, DraftKings, Fan Duel, OPAP, Coolbet, which withdrew betting offers on Russian sports events. PokerStars also went out of business; The National Hockey League and other organizations around the world have suspended all business partnerships with bookmakers in the Russian Federation.

 

At the same time, we call on companies that have not yet left the market of the aggressor state, which brutally attacks and destroys infrastructure facilities, civilian buildings, and kills innocent civilians, including women and children, to leave Russia. We urge the following companies to leave Russia:

 

▪ Betradar

▪ Betgenius

▪ Lsports

▪ Донбест

▪ ExeFeed

▪ Goalserve

▪ Pinnacle Sports

▪ Betfair

▪ Betable

▪ eOddsmaker

▪ Sportsdata

▪ Running Ball

▪ RTSmunity

▪ Genius Sports

▪ Sportradar

▪ Greentube

▪ NetEnt

▪ Novomatic

▪ Firma ABC International

▪ Digitain

▪ SBTech

▪ BetConstruct

 

By invading Ukraine and threatening other countries with weapons of mass destruction, Russia threatens the security of the entire world. Acting together, for the sake of peace, blocking income to the budget of the terrorist country, we will be able to stop the military aggression of the occupier!

 

From the first day of Russia's military aggression against Ukraine, IBOX BANK actively opposes the occupier and systematically helps the country on the diplomatic and business front. IBOX BANK allocates financial support to charitable and humanitarian funds, the Armed Forces, support to forced migrants.

 

The shareholders of IBOX BANK expressed their unwavering faith in the Victory over the occupier, have invested more than UAH 500 million in the development of the bank.


Earlier IBOX BANK officially announced that it would cease operations with Russian currency, and also, gave all its armored collection vehicles to the needs of the Armed Forces of Ukraine in the fight against the Russian army.


At the same time, it continues to oppose Russia's aggression in the financial sphere, joining the appeal of the President of Ukraine Volodymyr Zelenskyi and the Chairman of the National Bank of Ukraine Kyryll Shevchenko to the international payment systems Visa and MasterCard: to take a decisive leap – leave Russia.


We would like to remind you that at the end of January 2022, IBOX BANK became the first financial institution in the history of Ukraine, which received a license from the Ukrainian Commission for Regulation of Gambling and Lotteries to conduct activities in the field of gambling business.