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ШО, АЗАРТНИЙ? 100

The Croatian trace of FAVBET: how Matyukha lost the international business while the Ukrainian direction grew by thousan...

24.09.2026, 15:24 ШО, АЗАРТНИЙ? ↗

Automatically translated version. May contain inaccuracies compared to the original.

The Croatian trace of FAVBET: how Matyukha lost the international business while the Ukrainian direction grew by thousands of times

🔹New internal documents that have become publicly available allow a fresh look at FAVBET’s business structure and Andriy Matyukha’s role in it.

🔹According to the documents, as early as December 2021, Matyukha transferred all shares of the Cyprus/Curaçao company Favorit United, through which the international site favbet.com operated, to his long-time Croatian partner Vedran Frelih. Since then, Frelih is listed as the owner and ultimate beneficiary of the international structure.

🔹The Ukrainian business, meanwhile, remained under Matyukha’s control. Interestingly, after the division of assets the financial indicators of the two directions began moving in opposite directions.

🔹The international structure in Curaçao cut revenues from €20,4 million in 2023 to €10,8 million in 2024 and €4,9 million in 2025. Spending on software and the platform over the same period fell almost from €10 million to just over €1 million.

🔹At the same time the Ukrainian direction showed rapid growth: from 23 million UAH in revenue in 2022 to 9,8 billion UAH in 2023 and 21,3 billion UAH in 2024. In an incomplete 2025 year it received an additional 14,2 billion UAH.

🔹Against this backdrop, in the spring of 2026 Ukrainian FAVBET drew the attention of Danylo Hetmantsev and law enforcement agencies. In April the company announced suspension of activities due to a major reorganization.

🔹At the same time, the documents themselves do not confirm direct transfers of funds between the international and Ukrainian structures. So at present at least two versions remain: they may have been effectively independent businesses, or there may have been financial and resource links between them that have not yet been documented.

🔹Formally the picture is this: in 2021 Matyukha transferred the international asset to the Croatian partner, after which the foreign direction began to shrink rapidly, while the Ukrainian one demonstrated multi-billion growth.

@sho_azartny

Screenshot of a Telegram post: Hetmantsev Danylo Oleksandrovych — The Croatian trace of FAVBET: how Matyukha lost the intern…

Хорватський слід FAVBET: як Матюха втратив міжнародний бізнес, а український напрямок зріс у тисячі разів

🔹Нові внутрішні документи, які опинилися у відкритому доступі, дають змогу по-новому поглянути на структуру бізнесу FAVBET та роль Андрія Матюхи в ній.

🔹Згідно з документами, ще у грудні 2021 року Матюха передав усі акції кіпрської/кюрасаоської компанії Favorit United, через яку працював міжнародний сайт favbet.соm, своєму давньому хорватському партнеру Ведрану Фреліху. Відтоді саме Фреліх зазначається як власник і кінцевий бенефіціар міжнародної структури.

🔹Український бізнес при цьому залишився під контролем Матюхи.Цікаво, що після розподілу активів фінансові показники двох напрямків почали рухатися у протилежних напрямках.

🔹Міжнародна структура на Кюрасао скоротила доходи з €20,4 млн у 2023 році до €10,8 млн у 2024-му та €4,9 млн у 2025-му. Витрати на програмне забезпечення та платформу за цей же період впали майже з €10 млн до трохи більше €1 млн.

🔹Водночас український напрямок показав стрімке зростання: з 23 млн грн доходу у 2022 році до 9,8 млрд грн у 2023-му та 21,3 млрд грн у 2024-му. За неповний 2025 рік він отримав ще 14,2 млрд грн.

🔹На цьому тлі навесні 2026 року українським FAVBET зацікавилися Данило Гетманцев та правоохоронні органи. У квітні компанія заявила про припинення діяльності у зв’язку з масштабною реорганізацією.

🔹Водночас самі документи не підтверджують прямого переказу коштів між міжнародною та українською структурами. Тож наразі залишається щонайменше дві версії: це могли бути фактично незалежні бізнеси, або ж між ними існували фінансові та ресурсні зв’язки, які поки не вдалося документально встановити.

🔹Формально ж картина така: у 2021 році Матюха передав міжнародний актив хорватському партнеру, після чого закордонний напрямок почав стрімко скорочуватися, тоді як український продемонстрував багатомільярдне зростання.

@sho_azartny

Screenshot of a Telegram post: Hetmantsev Danylo Oleksandrovych — Хорватський слід FAVBET: як Матюха втратив міжнародний біз…
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