US, UK, Russia, France And Spain

The organisation runs a franchise organization design. [4] Following revelations into the business’s finances, it is not allowed to operate in a variety of countries [5] consisting of the US, UK, Russia, France and Spain. International arrest warrants have been issued for the company’s three creators, one of whom reportedly died in Switzerland in 2023. [3] Amid these controversies, the company changed its focus to Africa, South America and India. [6]

1xBet is among the world’s biggest online gambling establishments, accepting bets on amateur sporting occasions, consisting of kids’s sports, broadcast reside on its site. [3] The company has actually likewise accepted banking on cockfighting. [3] Despite the questionable nature of the company, it is a sponsor of FC Barcelona till 2029 and Paris Saint-Germain up until 2025. [3]

History

The business was established in Russia by Roman Semiokhin, Dmitry Kazorin, and a former Russian intelligence agent named Sergey Karshkov (d. June 2023). [6] By 2021, their business had made more than US$ 655 mln in illegal gambling. [3]

In March 2020, 1xBet confirmed the company’s growth into the Mexican market following its approval for a functional licence. The business likewise announced its plan to focus on the esports wagering market within the Latin American country. [7]

In March 2022, 1xBet expanded into the Chilean market by signing a partnership arrangement with the Chilean football champion, with the business ending up being part of the 138 matches of the 2022 season. [8]

In October 2023, Congolese artist Maître Gims ended up being an ambassador 1XBET for 1xBet. [9]

Despite criminal prosecution in numerous countries, 1xBet secures major sponsorship agreements, for example, it remains the sponsor of FC Barcelona up until 2029 and sponsors FC Paris Saint-Germain in seasons 2022-25. Since 2024, the monthly typical number of visitors to its platform goes beyond 5 mln, the business has actually passed the very first round of license applications to lawfully operate in Brazil. [3]

Controversies

Following an investigation by The Sunday Times in 2019, 1xBet’s licence was rescinded by the UK Gambling Commission (UKGC) after revelations of participation ‘promoting a “pornhub casino’, bets on children’s sports and cockfighting, and advertising on prohibited websites.” [10] [11] [3]

1xBet functions on Russia’s payment processor and Federal Tax Service blacklist. [12] [13]

In 2024, Bellingcat and the platform Josimar reported that 1xBet presumably organized countless live-streamed amateur games including phony groups and kids as young as 14 years of ages. [14] [15]

Criminal examination

In early 2020, awareness was raised of an illegal practice, [16] a global arrest warrant was provided by Russian authorities. [3] Later, in August 2020, the Directorate of the Investigative Committee for the Russian Bryansk Region launched the names of the supposed creators of 1xBet. These are “Sergey Karshkov”, “Roman Semiokhin” and “Dmitry Kazorin”. [17] All 3 have Cypriot citizenship. [16] The trio are believed of organizing the online bookmaker 1xBet, and are offenders in a criminal case, with penalty of jail time. A number of estates in Russia with an overall worth of 1.5 billion rubles were seized. [17]

In 2021, Parlan Law practice revealed a look for victims of 1xBet in Russia. The business has organized a service for filing applications to the investigative committee. They filed a claim versus the owner of the Russian variation of 1xBet – bookmaker 1xStavka. [18]

In 2023, Morocco’s National Judicial Police Brigade (BNPJ) opened a mass examination into 1xBet amongst other gambling websites on charges of operating a prohibited gambling enterprise following a grievance by MDJS. [19] [3]

In November 2021 1xBet’s subsidiary business, 1хCorр MV, applied for bankruptcy in a Curaçao court after it declined to reimburse a group of bettors represented by the foundation for curaçao gaming victims. The company was declared insolvent in June 2022 but continued to run. [20] The individuals mention that 1xBet structurally deniеs the genuine wins of gamers with millions of euros in unsettled payouts. [21] In January 2023, 1xCorp MV was stated insolvent by the Dutch Supreme Court in the Netherlands. [22] [23]

References

^ Specter, Heidi (4 August 2019). “Interview with Alex Sommers, 1xBet Spokesperson: ‘We’re attempting to develop new products'”. GamblingNews. Retrieved 10 October 2023.
^ “1XBET restores Partnership with FC Barcelona”. Archived from the initial on 7 August 2024. Retrieved 7 August 2024.
^ a b c d e f g h i j “Stream Teams: Battery Farming Sport For Bets”. Bellingcat. 21 October 2024. Archived from the initial on 23 October 2024. Retrieved 22 October 2024.
^ “Start a Betting Business With 1xBet Franchise|Bett-market”. bett-market. com. Archived from the original on 8 April 2023. Retrieved 6 April 2023.
^ Belot, Henry (1 March 2024). “Cricket Australia paid to promote affiliate of questionable gambling company during Boxing Day Test”. the Guardian. Retrieved 12 August 2024.
^ a b Williams, Sean (15 September 2023). “The Wild Quest to Create a Fake Indian Cricket League … That Was Just the Beginning”. Sports Illustrated. Archived from the original on 3 August 2024. Retrieved 12 August 2024.
^ “1xBet validates Mexican expansion following license approval”. 30 March 2020. Archived from the initial on 4 February 2023. Retrieved 24 May 2023.
^ “1xBet expands in Chile with football offer”. agbrief.com. 22 March 2022. Archived from the original on 30 May 2023. Retrieved 30 May 2023.
^ “Maître Gims devient nouvel ambassadeur de 1xBet”. ouragan.cd. 19 September 2024. Archived from the initial on 21 June 2024. Retrieved 20 September 2024.
^ Ungoed-Thomas, Jon; Bacon, Lucy. “Premier League clubs accused over relate to wagering company”. The Times. ISSN 0140-0460. Archived from the original on 7 July 2022. Retrieved 27 December 2020.
^ “FSB suspends 1xBet white label following Sunday Times examination – EGR Intel”. 12 August 2019. Archived from the initial on 1 May 2024. Retrieved 7 August 2024.
^ “UKGC Opens Probe into 1xBet UK Brand on Reported Regulatory Breaches”. GamblingNews. 13 August 2019. Archived from the initial on 6 July 2022. Retrieved 27 December 2020.
^ “What is the bookmaker 1XBet popular for? (rbc description)”. www.rbc.ru. 11 August 2020. Archived from the initial on 29 September 2022. Retrieved 2 May 2021.
^ “Stream Teams: Battery Farming Sport For Bets”. Bellingcat. 21 October 2024. Archived from the original on 23 October 2024. Retrieved 21 October 2024.
^ Auclair, Philippe; Brown, Andy; Kerr, Jack; Kunti, Sam; Menary, 1xBet Steve (21 October 2024). “Child’s play”. Josimar. Retrieved 21 October 2024.
^ a b Gm, Ebene Magazine- (10 December 2020). “. EbeneMagazine – RU – “The stars use their signs, but nobody understands the owners”: the main thing from the Forbes text about the creators of the bookmaker 1xBet. ru”. EBENE MAGAZINE (in French). Archived from the initial on 2 May 2021. Retrieved 13 January 2021.
^ a b “СК назвал подозреваемых в создании запрещенного букмекера 1XBet”. РБК (in Russian). 11 August 2020. Archived from the original on 29 September 2022. Retrieved 23 July 2021.
^ “Клиент 1XBet подал в суд на букмекера и платежные системы Подробнее на РБК”. rbc.ru. 22 June 2021. Archived from the original on 6 October 2022. Retrieved 3 October 2022.
^ El Hourri, Abdelali (14 November 2023). “Plainte de la MDJS contre 1xBet: la BNPJ entre en scene”. Medias24.
^ “Russian gambling business insolvent however still in service in Curaçao”. www.curacaochronicle.com. 30 June 2022. Retrieved 19 October 2022.
^ Woerd, Frank Op de (18 August 2021). “Belangenbehartiger doet aangifte tegen Curaçaose licentieverstrekker Cyberluck om fraude 1xBet“. CasinoNieuws.nl (in Dutch). Archived from the original on 26 January 2022. Retrieved 27 November 2021.
^ Lars (20 January 2023). “Bankrupt and broadening”. Josimarfootball.com. Archived from the initial on 20 January 2023. Retrieved 20 January 2023.
^ Davidson, David; Smits, Henk Willem; Koens, 1xBet Remy (20 June 2023). “Crypto billions and unlawful betting sites: ‘Russian’ 1xBet conquers the world from Curaçao”. Follow the Money – Platform for investigative journalism. Archived from the original on 12 August 2024.