Parimatch is one of the most favorable betting companies in the entire post-Soviet region. Nowadays it is the largest bookmaker in Ukraine. 1996 is considered the year of the company’s opening. At that time there was no online betting yet and people made their predictions at the box office. Gradually, the box offices began to spread and were almost everywhere. When it comes to the license, the bookmaker has a Curacao license which is recognized all over the world and is common among similar betting companies. As a holder of a license, Parimatch may work legally on the territory of the state without any interference. Moreover, the company ensures the safety of every client as it does not violate the law and pay all the taxes. The company offers its clients a great selection of kinds of sports, various types of bets, many lines and pleasant bonuses. Now Parimatch in London is in the process of IPO the details of which are presented in the article.
A business reporter, Dominic Walsh, from The Times has recently written an article about Ukrainian online bookmaker Parimatch. Katerina Belorusskaya who is the founder of Parimatch company is called Ukrainian Denise Coated. She changed the company fundamentally and transformed it from a traditional gambling business into a progressive IT body. The Parimatch is in a state of constant development and improvement. Now the company is in the state of flotation which means that Parimatch has started going public. Therefore, if this procedure is successful, the company will enter the stock market and sell the shares to anyone interested. As it was mentioned in the article, the value of Parimatch is already huge. However, the exact assessment will only be possible in the period of next year. Over this time, it will appear whether floatation in London will be successful or not.
Improvement of Parimatch company
Parimatch is already functioning in many states comprising Tanzania, Cyprus, Russia, Kazakhstan and Ukraine. Furthermore, the company has signed deals with Everton and Leicester football clubs in order to become their official partner. Despite its already remarkable success, Parimatch does not stop looking for new opportunities for expansion. That is why the company has launched an IPO which will help to attract new investors to the company and in such a way improve it even further. However, it is still unknown yet whether the improvement will cover both gambling and technology businesses.
Belorusskaya together with another Parimatch beneficiary, Sergey Portnov, have been working together on the advancement of the business. However, they acknowledge that in some markets some complications may still be encountered. When it comes to the Ukrainian market, it is not an easy place for gambling companies at all. The major problem is the high taxation, but the positive thing is that the head of the state is willing to cooperate and solve this issue.