Parimatch in Different Countries Where Is It Available?

Parimatch is a prominent international sports betting company that has expanded its operations across various regions since its inception in 1994 Parimatch. Originating in Kyiv, Ukraine, Parimatch initially established a strong presence in Eastern Europe before venturing into other markets.

Eastern Europe and CIS Countries

Parimatch’s journey began in Ukraine, followed by its entry into Russia in 1998. The company further expanded into Belarus in 2004 and subsequently into Moldova and Georgia in 2005. In 2015, Parimatch commenced operations in Kazakhstan, solidifying its footprint in the Commonwealth of Independent States (CIS) region. citeturn0search12

Global Expansion

Beyond the CIS, Parimatch obtained a Curaçao license in 2014, marking its initial foray into international markets. The following year, the company secured a license from Alderney, a British Crown dependency, further extending its reach. In 2018, Parimatch launched operations in Tanzania and Cyprus, demonstrating its commitment to the African and European markets. By 2021, the company had expanded into India, catering to the growing demand for online sports betting in the region. citeturn0search12

Licensing and Regulatory Compliance

Parimatch operates under various licenses issued by regulatory authorities in countries such as Cyprus, Kazakhstan, Tajikistan, and Tanzania. Additionally, the company holds an international license from Curaçao, ensuring compliance with global standards. In October 2020, Parimatch entered the UK market through a partnership with BV Gaming Limited. citeturn0search12

Market Restrictions

Despite its extensive reach, Parimatch faces restrictions in certain countries. Notably, its services are unavailable in the United States, Italy, France, Spain, and the Netherlands. citeturn0search11 Additionally, while Parimatch has a significant following in countries like Russia, the company withdrew its franchise from Russia in March 2022 due to geopolitical reasons. citeturn0search12

Conclusion

Parimatch’s strategic expansion reflects its adaptability and commitment to catering to diverse markets. By securing appropriate licenses and adhering to regional regulations, the company continues to strengthen its position as a leading international sports betting platform.