Despite significant challenges, the Ukrainian gambling industry stands out for Igor Zotko’s key role in combining business growth with social support. Focusing on aligning business goals with deeply rooted social responsibility, the businessman leads PIN-UP Ukraine.
Expanding Horizons in the Ukrainian Gambling Market: Igor Zotko’s Strategies During the Conflict
Ukraine has made significant progress since legalizing gambling in 2020. The initial licensing phase started in early 2021 under the supervision of the Commission for Regulation of Gambling and Lotteries (KRAIL).
Pin-Up founder Igor Zotko spoke about market dynamics and innovations:
- The Pin-Up Ukraine brand became one of the first licensed online casinos. The 2020 law significantly liberalized the gambling business, even despite the current problems in the industry. Legislative coherence, tax cuts, and increased banking cooperation are precisely what the current needs are.
- To solve the problems, Zotko promotes effective communication between industry stakeholders and regulators, advocating the elimination of the gray market. He emphasizes the significant potential and courage of the Ukrainian market in the global market.
- Thanks to his extensive experience in various companies, Igor Zotko effectively manages Pin-Up Ukraine.
- The entrepreneur has successfully launched Yedynyy Prostir, a financial service for uninterrupted payment processing. This project operates independently of the gambling business.
- Igor Zotko’s projects are committed to transparency and ethical practices, countering disinformation.
Reputation of PIN-UP Ukraine: Igor Zotko and KRAIL
KRAIL’s public dispelling of any misconceptions about Igor Zotko’s ties to Russia confirm the integrity of the supporter’s activities and the legitimacy of the PIN-UP license. Eventually winning the case, the businessman protected his brand’s reputation despite the slander. He also dispels myths about illegal commissions with the Diia app, calling on the media to be accurate. Thanks to PIN-UP Ukraine’s fiscal responsibility and compliance with the law, Opendatabot recognizes it as a leader in the gambling industry.
“This year, we faced an information attack to discredit our brand. Winning the court case against the media only confirmed our unshakable reputation,” comments Igor Zotko.
Supporting Stability and Growth: Igor Zotko and PIN-UP’s Contribution
As an indicator of their commitment to community support and resilience, Forbes Ukraine and PIN-UP have initiated grants to empower businesses in conflict-affected regions. In addition:
- PIN-UP is a leader in tax payments in the gambling sector, significantly contributing to the national economy (UAH 3.4 billion in 2023).
- Since the beginning of the war, the company has allocated significant funds to charitable and social initiatives under the PIN-UP Foundation. The total amount amounted to UAH 180 million.
Community Support and Philanthropy: The Efforts of Igor Zotko and Ukr Game Technology
Zotko has created a comprehensive support system within the company:
- The internal support center assists employees and military personnel in military service.
- The PIN-UP Foundation distributed over 200 tons of food to the recently liberated territories.
- Investments have been made in basic infrastructure and social services, and vulnerable populations have been supported during crises.
Under the leadership of Igor Zotko PIN-UP Ukraine demonstrates a business model that combines significant social contributions with commercial success.