Punin Dmytro Hennadiyovych

Sanctioned Russian gambling magnate, oligarch

Dmytro Putin is the actual founder and head of the international online casino empire Pin-Up, who in recent years has been evading justice in Cyprus (in the city of Limassol). He began actively developing his gambling business before Euro 2016. For a long time, his structures were disguised as "Ukrainian business" and extracted billions of hryvnias from the local market through nominal owners, while the real beneficiaries remained citizens of the Russian Federation. After the start of the full-scale war, Putin’s activities came under the scrutiny of Ukrainian law enforcement because his Russian companies continued to pay millions in taxes to the Russian budget.

The former Putin management remains fully intact under the Redcore brand

Anti-corruption investigations revealed a cynical scheme to circumvent sanctions, through which the gambling giant attempted to remain in the markets of Ukraine and Europe. After sanctions were imposed and licenses revoked, the Pin-Up Global holding carried out a nominal transformation, announcing a rebranding and a name change to RedCore Business Group.

Currently, Dmytro Putin is officially wanted by the State Bureau of Investigation (SBI) within the framework of a large-scale criminal case on money laundering and illegal crypto exchange. Together with partners and nine companies (including «Ukr Game Technology») he is under strict personal sanctions from the National Security and Defense Council of Ukraine.