Mykhailo Zborovskyi and Cosmobet: the way a figurehead legitimizes the questionable operations of casino owner Sergey Tokarev

Sergey Tokarev, the owner of Russian online casinos, has rebranded and re-registered his business under the name of a front man, Mykhailo Zborovskyi, changing its title from Cosmolot to Cosmobet.

At the end of March 2024, the project obtained a license to operate an online casino, with the word bet in the name clearly hinting at betting. It is unclear whether LLC Neurolink intended to acquire another license or if Tokarev simply wanted to emphasize continuity in the branding.

Cosmobet is registered under the name of Mykhailo Zborovskyi, who previously headed Cosmolot. Together with former “Cosmo” COO Dmytro Dyachenko, he has already visited several key acquiring banks and opened accounts for the new casino.

In addition, according to media sources, Cosmobet representatives have already held several meetings with webmasters and announced the upcoming launch of the project.

As can be seen, even during wartime and in such a strictly regulated market, nothing stops Russians from creating new businesses.