1xBet

1xBet is an online gambling company licensed by Curaçao eGaming License. The company was founded in 2007 in Russia by Roman Semiokhin, Dmitry Kazorin, and a former Russian intelligence agent named Sergey Karshkov. The company is headquartered in Cyprus. The organization operates a franchise business model. Following investigations into the company's finances, it is not allowed to operate in a variety of countries including the US, UK, Russia, France and Spain which led the company to change its focus to Africa, South America, South East Asia and India. The company partnered with celebrities such as Maître Gims in Congo and Dave Leduc in Myanmar. International arrest warrants have been issued for the company's three founders, one of whom reportedly died in Switzerland in 2023. The website accepts bets on a variety of sporting events such as football, basketball, cricket, tennis, and esports, as well as make predictions on political, economic, and cultural events or even the weather. The platform has raised controversies for accepting bets on amateur matches involving minors and cockfighting. In 2019, The Sunday Times conducted an investigation, which led to 1xBet's licence to be revoked by the UK Gambling Commission after revelations of involvement ‘promoting a "pornhub casino’, bets on children's sports and cockfighting, and advertising on illegal websites." In 2020, 1xBet was added to Russia's blacklist of payment processors and the Federal Tax Service. In 2024, Bellingcat and the platform Josimar reported that 1xBet allegedly organized thousands of live-streamed amateur games involving fake teams and children as young as 14 years old. In November 2021 1xBet's subsidiary company, 1хCorр MV, filed for bankruptcy in a Curaçao court after it refused to refund a group of gamblers represented by the foundation for Curaçao gaming victims. The company was declared bankrupt in June 2022 but continued to operate. The individuals state that 1xBet structurally deniеs the legitimate wins of players with millions of euros in unpaid winnings. In January 2023, 1xCorp MV was declared bankrupt by the Dutch Supreme Court in the Netherlands. 1xBit is also part of the 1xBet group and both use the same wallet cluster.

1xBet is an online gambling company licensed by Curaçao eGaming License. The company was founded in 2007 in Russia by Roman Semiokhin, Dmitry Kazorin, and a former Russian intelligence agent named Sergey Karshkov. The company is headquartered in Cyprus. The organization operates a franchise business model. Following investigations into the company's finances, it is not allowed to operate in a variety of countries including the US, UK, Russia, France and Spain which led the company to change its focus to Africa, South America, South East Asia and India. The company partnered with celebrities s...