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Maxim Krippa brought GGBet to the market — another casino with Russian roots Wednesday, 12 June 2024

Maxim Krippa brought GGBet to the market — another casino with Russian roots

This is how the market of Ukrainian toys attracts representatives of the aggressor country. This time we are talking about the GGBet casino and bookmaker, which received a license almost a year ago. De facto, the company belongs to Ukrainian businessman Maksym Krippe, which does not prevent it  from having close ties with Russia .

Let’s start with the fact that GGBet is a new product only for the Ukrainian market. And it entered the Russian market back in 2011 as a bookmaker division of the casino "Vulk@n" (remember this name). Initially, the ggbet.ru site was managed by the specially created  LLC "Bet.ru" , but later the brand began to position itself as an international one.

The GGBet trademark is owned by the Cypriot company Brivio Ltd, which also operates the site… Vulkan@n Vegas casino under the Vulcan trademark. By the way, it is the property of Russian billionaire Oleg Boyk.

"What does Crippa have to do with it?" - You ask. We explain in the language of facts.

1) The director of Brivio Ltd is Fedir Fedorov (this name is worth remembering). He is also a beneficiary of the Ukrainian company "Novolodzhik" LLC, whose director from 2010 to 2015  was Crippa .

2) GGBet acts as the general sponsor of the eSports team NAVI, which was bought by Crippa in 2022.

3) The same Fedorov is the director of One World Secretarial. This company is simultaneously the secretary of the Cypriot "subdivision" of NAVI, LLC "Bet.ru" and the e-sports broadcaster Maincast, which is directly owned by Krippe.

Interestingly, in March 2023, the President of Ukraine, Volodymyr Zelenskyi, imposed sanctions against Bet.ru LLC and Cypriot Bevita Holding Limited, which operates GGBet. The document also lists the official domain of the disgraced company: ggbet.ru. However, this did not prevent KRAYIL from issuing a license to LLC "GGBET" with the site ggbet.ua within five months. Apparently, there was no one in the staff of the Commission who would see the connection between the "Ukrainian" and Russian casinos with the same names.

Volk@na eruption

However, GGBet is not the only Krippa project with a Russian connection. He also owned the casino "Vulk@n" licensed in Ukraine (in the local market - Vulcan), the brand of which, as we remember, is owned by the Russian oligarch Boyko.

In Ukraine, "Vulcan" worked through "Conqueror" LLC, registered under the offshore company "Darlocks Limited". Until 2021, its founder was Fedorov (yes, the same one).

And another interesting coincidence.  The owner  of the Ukrainian trademark "Vulk@n" is the Cypriot "Dareos LTD", and the Russian "Dareos Holding LTD". The companies have the same address and management structure. That is, the beneficiaries of the Russian and Ukrainian casinos are the same people.

"That’s understandable, but which side is Crippa on here?" — You will ask again.

To answer this question, you should pay attention to the company EvoPlay.

EvoPlay is one of the largest manufacturers of gambling games with offices in Ukraine, the Czech Republic and Cyprus. In particular, the company’s client is the Russian "Vulk@n". According to the SBU and according to market participants, the real owner of EvoPlay is Maksym Krippa. This is also indirectly confirmed by the GetContact service, where the businessman appears as "Maxim Kripp EvoPlay". And now the most interesting thing.

In 2015, EvoPlay  filed a complaint  against Russian Timur Zingashin for his use of the Vulk@n domain in the Russian Federation. In the documents, the applicant notes that he received the right to use the TM from the Russian company Ritzio International Group.

Once again: already during the war, the Ukrainian "IT company" not only undertakes to develop Russian business, but also defends it in court.

In April of this year, "Conqueror" LLC submitted an application to revoke the license. As market participants told us, clouds were gathering over "Vulcan" — and Crippa decided to exit the market before his brainchild was subject to sanctions.

What did it do to Krippe? The opportunity to calmly "milk" two markets at once: while "Vulk@n" continues to work in Russia, in Ukraine its place has been taken by the pseudo-Ukrainian project GGBet. And it seems that his clear pro-Russian streak does not bother anyone yet.

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