Ukraine’s gambling industry pays 12 billion hryvnays in taxes over last 8 months

Source: Forbes UA

Ukraine’s gambling sector has paid 11.7 billion hryvnias in taxes to the state budget in the first eight months of 2024, marking a 2.1-fold increase compared to the same period in 2023, according to the State Tax Service.

For context, the gambling industry contributed 10.4 billion hryvnias in 2023, a figure that was 51 times higher than pre-war levels in 2021. Compared to 2022, tax revenues from the sector have surged by 14 times.

In the first half of 2024 alone, the gambling sector paid 8.4 billion hryvnias to the budget, almost tripling last year’s figures. One of the largest contributors was Favbet, which paid over 3.1 billion hryvnias in taxes in the first six months of 2024.

Five armored vehicles “Kozak” have received a new mission – thanks to the support of Metinvest, they have been upgraded to full-fledged command and staff vehicles. These upgraded vehicles are now operating on the front line.

A kamikaze drone flies directly toward an armored personnel carrier. But instead of penetrating the hull, it explodes on a steel screen. The crew survives. This is the new reality for Ukrainian forces, who have received enhanced protection thanks to the Metinvest project within “Steel Front of Rinat Akhmetov”.

To commemorate the third anniversary of the full-scale invasion, “Bukvy” has compiled data on the largest donors supporting the Armed Forces of Ukraine. Among them there are charitable foundations and businesses. The list includes, in particular, foundations that provide assistance exclusively from their own resources, without fundraising (such as SCM by Rinat Akhmetov, Epicenter, etc.).

In just 1.5 months, Ukrainian specialists have created an innovative protective shell for the control modules of anti-aircraft missile systems (AMS) Patriot and Iris-T SLM. This development was another step in strengthening Ukraine’s defense capabilities, aimed at protecting key elements of the air defense system from debris damage.

Military serviceman of the International Legion for the Defense of Ukraine with the call sign “Paradox” is the crew commander of the American M113 armored personnel carrier. He is a master at using it and is constantly improving, because the legionnaire’s skills are tested every day in battle. You have to drive to the front lines, often under artillery fire and drone attacks.