Online Gambling Company
1xBet is an online gambling company licensed by Curaçao eGaming License. It was founded in 2007 and registered 6️⃣ in Cyprus. In 2024, they experienced considerable growth, briefly sponsoring Chelsea FC and Liverpool FC.[2][3] The organisation operates a franchise 6️⃣ business model.[4]
Expansion
Since the company's inception in 2007, 1xBet has operated within the Indian Market.[5]
In 2024, 1xBet made partnerships with the 6️⃣ Nigerian Football Federation and African Confederation of Football. Later, in January 2024, 1xBet was granted a Nigerian national licence and 6️⃣ expanded into the region.[6]
In 2024, 1xBet announced that the company had signed an agreement with MGA Games, expanding its portfolio 6️⃣ to include a range of new online slot and video bingo games.[7]
In March 2024, 1xBet confirmed the company’s expansion into 6️⃣ the Mexican market following its approval for an operational licence. The company also announced its plan to focus on the 6️⃣ esports betting market within the Latin American country.[8]
In March 2024, 1xBet expanded into the Chilean market via the signing of 6️⃣ a partnership agreement with the Chilean football championship, with the company becoming part of the 138 matches of the 2024 6️⃣ season.[9]
During August 2024, 1xBet announced that – as part of its expansion plan – the company had acquired a partnership 6️⃣ deal with local Latin American payment company PayRetailers. The partnership saw the companies deploying a payment strategy tailored to the 6️⃣ Latin American region.[10]
In August 2024, 1xBet signed an operation agreement with DS Virtual Gaming (DS VG). The agreement resulted in 6️⃣ 1xBet expanding its virtual sports offering with DS VG’s virtual games, including RacingDogs, RacingHorses and Roulette.[11]
In May 2024, OneTouch, a 6️⃣ supplier of mobile slot and table games, announced an agreement with 1xBet. The deal would see OneTouch’s full library of 6️⃣ both mobile and table games added to the 1xBet games portfolio.[12]
In July 2024, FC Barcelona announced they had signed a 6️⃣ partnership with 1xBet to name the company as the team's new global partner. The partnership will see the organisations working 6️⃣ together in different activities with the partnership running until 30 June 2024.[13]
In May 2024, 1xBet signed an agreement to become 6️⃣ the title partner of esports organisation Team Spirit.[14]
During May 2024, esports organisation OG Esports announced that the company had signed 6️⃣ a sponsorship deal with 1xBet. The agreement names 1xBet as OG's official betting sponsor, with the company logo to appear 6️⃣ on Dota 2 roster jerseys.[15][16]
On 1 August 2024, Paris Saint-Germain announced 1xBet as their new regional partner in Africa and 6️⃣ Asia.[17]
In August 2024, esports gaming organisation Tundra Esports announced a three-year contract naming 1xBet as Tundra's official betting sponsor, with 6️⃣ the company logo to appear on Dota 2 roster jerseys and events to take place on the 1xBet website.[18][19]
In September 6️⃣ 2024, 1xBet were announced as the 'Official Regional Partner' of French football club LOSC Lille. The agreement grants 1xBet promotional 6️⃣ rights to use the club's logos and player
, in addition to match advertising.[20]
During February 2024, The Professional Fighters League 6️⃣ (PFL) announced a new sponsorship deal with 1xBet. The deal names 1xBet as the official sportsbook for the PFL in 6️⃣ Latin America and Saharan Africa.[21][22] Also in February 2024, the Tajikistan Higher League announced 1xBet as their new title sponsor.[23]
In 6️⃣ May 2024, Samuel Eto signed a two-year contract to become 1xBet's brand ambassador.[24]
In 2024/24 season Of Indian Super League club 6️⃣ Mohun Bagan Super Giant sign 1xBet as shirt sponsor.
Accolades
In June 2024, 1xBet was named 'Sportsbook Operator of the Year' at 6️⃣ the SiGMA Americas Awards.[25]
Controversies
Following an investigation by The Sunday Times in 2024, 1xBet's licence was rescinded by the UK Gambling 6️⃣ Commission (UKGC) after revelations of involvement "promoting a "pornhub casino", bets on children's sports and advertising on illegal websites."[26]
1xBet features 6️⃣ on Russia's payment processor and Federal Tax Service blacklist.[27][28]
Criminal investigation
In early 2024, awareness was raised of an unlawful practice.[29]
Later in 6️⃣ August 2024, the Directorate of the Investigative Committee for the Russian Bryansk Region released the names of the supposed creators 6️⃣ of 1xBet. These are "Sergey Karshkov", "Roman Semiokhin" and "Dmitry Kazorin".[30]
The trio are suspected of organizing the online bookmaker 1xBet, 6️⃣ and are defendants in a criminal case, with penalty of imprisonment. A number of estates in Russia with a total 6️⃣ value of 1.5 billion rubles were seized.[30] The Investigative Committee of Russia has put them on the international wanted list. 6️⃣ All three have Cypriot citizenship.[29]
In 2024, Parlan Law Firm announced a search for victims of 1Xbet in Russia. The company 6️⃣ has organized a service for filing applications to the investigative committee. They filed a lawsuit against the owner of the 6️⃣ Russian version of 1xBet - bookmaker 1xStavka.[31]
In 2024, Morocco's National Judicial Police Brigade (BNPJ) opened a mass investigation into 1xBet 6️⃣ among other gambling websites on charges of operating an illegal gambling enterprise following a complaint by MDJS.[32]
Bankruptcy
In November 2024 1xBet's 6️⃣ subsidiary company, 1хCorр MV, filed for bankruptcy in a Curaçao court after it refused to refund a group of gamblers 6️⃣ represented by the foundation for curaçao gaming victims. The company was declared bankrupt in June 2024 but continued to operate.[33]
The 6️⃣ individuals state that 1xBet structurally deniеs the legitimate wins of players with millions of euros in unpaid winnings.[34]
In January 2024, 6️⃣ 1xBet was declared bankrupt by the Dutch Supreme Court in the Netherlands.[35]
