Parimatch to leave Belarus within four weeks
Online operator confirms transition period nearing completion with local team set to take charge of operations
Parimatch Tech expects to complete its withdrawal from Belarus within the next four weeks, EGR has learned.
The firm confirmed its decision to depart the eastern European market as part of its response to Russia’s invasion of Ukraine, of which Belarus supported.
Parimatch Tech, a Ukrainian company, also took measures to remove its services from Russia following the assault launched earlier this year.
EGR understands the operator is still in the process of withdrawing the Parimatch brand completely from the market, with management and client support responsibilities transferred to a local team.
This new team will not be part of the Parimatch Tech holding moving forwards.
Parimatch Tech is currently filing all necessary legal documents to conduct the severance of its business relations with Belarus.
The company’s services are still available during this transition period, but they will be managed by the new local team.
It remains unclear what plans the new management team has for the Belarusian operations, except that the Parimatch brand will no longer be in use.
Parimatch Tech has more than 2,000 employees in Ukraine and has made significant strides to support them, and the wider population, with a series of donations and relocation packages.