US, UK, Russia, France And Spain
The organisation runs a franchise business model.
[4] Following discoveries into the business’s finances, it is not permitted to operate in a variety of nations [5] consisting of the US, UK, Russia, France and Spain.
International arrest warrants have actually been provided for the company’s 3 founders, one of whom apparently died in Switzerland in 2023.
[3] Amid these controversies, the business altered its focus to Africa, South America and India. [6]
1xBet is one of the world’s largest online gambling establishments, accepting bets on amateur sporting events, consisting of kids’s sports, broadcast survive on its site. [3] The business has also accepted banking on cockfighting. [3] Despite the questionable nature of the company, it is a sponsor of FC Barcelona until 2029 and Paris Saint-Germain until 2025. [3]
History
The business was established in Russia by Roman Semiokhin, Dmitry Kazorin, 1XBET and a previous Russian intelligence agent named Sergey Karshkov (d. June 2023). [6] By 2021, their company had actually made more than US$ 655 mln in unlawful betting. [3]
In March 2020, 1xBet verified the company’s growth into the Mexican market following its approval for an operational licence. The company also announced its strategy to focus on the esports betting market within the Latin American nation. [7]
In March 2022, 1xBet expanded into the Chilean market by signing a partnership contract with the Chilean football champion, with the company 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 for 1xBet. [9]
Despite criminal prosecution in a number of nations, 1xBet secures significant sponsorship contracts, for 1xBet instance, it remains the sponsor of FC Barcelona till 2029 and sponsors FC Paris Saint-Germain in seasons 2022-25. As of 2024, the monthly typical variety of visitors to its platform surpasses 5 mln, the business has passed the preliminary of license applications to lawfully operate in Brazil. [3]
Controversies
Following an examination by The Sunday Times in 2019, 1xBet’s licence was rescinded by the UK Gambling Commission (UKGC) after discoveries of participation ‘promoting a “pornhub casino’, bets on children’s sports and cockfighting, and marketing on prohibited sites.” [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 teams and kids as young as 14 years old. [14] [15]
Criminal investigation
In early 2020, awareness was raised of an unlawful practice, [16] an international arrest warrant was issued by Russian authorities. [3] Later, in August 2020, the Directorate of the Investigative Committee for the Russian Bryansk Region released the names of the supposed creators of 1xBet. These are “Sergey Karshkov”, “Roman Semiokhin” and “Dmitry Kazorin”. [17] All three have Cypriot citizenship. [16] The trio are suspected of arranging the online bookmaker 1xBet, and are defendants in a criminal case, with charge of imprisonment. A number of estates in Russia with a total value of 1.5 billion rubles were seized. [17]
In 2021, Parlan Law practice announced a look for victims of 1xBet in Russia. The company has organized a service for filing applications to the investigative committee. They submitted a lawsuit against the owner of the Russian variation of 1xBet – bookmaker 1xStavka. [18]
In 2023, Morocco’s National Judicial Police Brigade (BNPJ) opened a mass investigation into 1xBet to name a few gambling websites on charges of running a prohibited gaming business following a grievance by MDJS. [19] [3]
In November 2021 1xBet‘s subsidiary company, 1хCorр MV, submitted for bankruptcy in a Curaçao court after it declined to reimburse a group of gamblers represented by the structure for curaçao video gaming victims. The business was stated bankrupt in June 2022 but continued to run. [20] The people state that 1xBet structurally deniеs the genuine wins of gamers with countless euros in unsettled winnings. [21] In January 2023, 1xCorp MV was stated bankrupt by the Dutch Supreme Court in the Netherlands. [22] [23]
References
^ Specter, Heidi (4 August 2019). “Interview with Alex Sommers, 1xBet Spokesperson: ‘We’re trying to produce new items'”. 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 initial on 8 April 2023. Retrieved 6 April 2023.
^ Belot, Henry (1 March 2024). “Cricket Australia paid to promote affiliate of questionable betting business during Boxing Day Test”. the Guardian. Retrieved 12 August 2024.
^ a b Williams, Sean (15 September 2023). “The Wild Quest to Create a Phony Indian Cricket League … That Was Just the Beginning”. Sports Illustrated. Archived from the initial on 3 August 2024. Retrieved 12 August 2024.
^ “1xBet confirms Mexican growth following license approval”. 30 March 2020. Archived from the initial on 4 February 2023. Retrieved 24 May 2023.
^ “1xBet expands in Chile with football deal”. 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 original 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 initial 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 original 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 original on 6 July 2022. Retrieved 27 December 2020.
^ “What is the bookie 1XBet popular for? (rbc description)”. www.rbc.ru. 11 August 2020. Archived from the original 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, 1XBET Philippe; Brown, Andy; Kerr, Jack; Kunti, Sam; Menary, Steve (21 October 2024). “Child’s play”. Josimar. Retrieved 21 October 2024.
^ a b Gm, Ebene Magazine- (10 December 2020). “. EbeneMagazine – RU – “The stars wear their symbols, but no one knows the owners”: the main point from the Forbes text about the creators of the bookie 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 gaming business insolvent however still in organization 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 initial on 26 January 2022. Retrieved 27 November 2021.
^ Lars (20 January 2023). “Bankrupt and expanding”. Josimarfootball.com. Archived from the initial on 20 January 2023. Retrieved 20 January 2023.
^ Davidson, David; Smits, Henk Willem; Koens, Remy (20 June 2023). “Crypto billions and illegal betting websites: ‘Russian’ 1xBet conquers the world from Curaçao”. Follow the cash – Platform for investigative journalism. Archived from the initial on 12 August 2024.
