The partnership between Parimatch and Team Spirit began in 2019 and was recently extended until 2024. As part of the partnership, Parimatch branding was prominently displayed on Team Spirit’s Dota 2 and CS:GO uniforms. However, due to the ongoing war in Ukraine, Parimatch has decided to end the partnership. It’s important to note that there were no disputes between Parimatch and Team Spirit, and all agreement terms were met throughout the partnership.
Team Spirit recently announced that its office will be relocated to Belgrade, Serbia instead of expanding infrastructure in Russia as initially planned. In response to Russia’s invasion of Ukraine, Parimatch has also removed its brand from Russia. Previously, Parimatch had been operating in Russia through Betring LLC.
Upon withdrawing from Russia, Parimatch allocated UAH30m to provide important resources for those serving in Ukraine. This amount was later doubled to UAH60m (£1.5m/€1.8m/$2.0m) by Parimatch.
