US, UK, Russia, France And Spain
The organisation runs a franchise service model. [4] Following revelations into the company’s financial resources, it is not permitted to run in a range of countries [5] consisting of the US, UK, Russia, France and Spain. International arrest warrants have been released for the business’s three creators, among whom reportedly passed away in Switzerland in 2023.
[3] Amid these debates, the business altered its focus to Africa, South America and 1xBet India. [6]
1xBet is one of the world’s largest online gambling establishments, accepting bets on amateur sporting occasions, consisting of kids’s sports, broadcast reside on its website. [3] The business has also accepted wagering on cockfighting. [3] Despite the questionable nature of the company, it is a sponsor of FC Barcelona up until 2029 and Paris Saint-Germain till 2025. [3]
History
The company was established in Russia by Roman Semiokhin, Dmitry Kazorin, and a previous Russian intelligence agent named Sergey Karshkov (d. June 2023). [6] By 2021, their business had made more than US$ 655 mln in prohibited gambling. [3]
In March 2020, 1xBet validated the business’s expansion into the Mexican market following its approval for a functional licence. The business also announced its strategy to concentrate on the esports wagering market within the Latin American nation. [7]
In March 2022, 1xBet 1xBet expanded into the Chilean market by signing a partnership contract 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 for 1xBet. [9]
Despite prosecution in several countries, 1xBet protects major sponsorship agreements, for example, it remains the sponsor of FC Barcelona till 2029 and sponsors FC Paris Saint-Germain in seasons 2022-25. As of 2024, the month-to-month average variety of visitors to its platform goes beyond 5 mln, the business has actually passed the preliminary of license applications to lawfully run 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Following an examination by The Sunday Times in 2019, 1xBet‘s licence was rescinded by the UK Gambling Commission (UKGC) after discoveries of involvement ‘promoting a “pornhub gambling establishment’, bets on children’s sports and cockfighting, and advertising on prohibited sites.” [10] [11] [3]
1xBet features on Russia’s payment processor and Federal Tax Service blacklist. [12] [13]
In 2024, Bellingcat and the platform Josimar reported that 1xBet allegedly organized thousands of live-streamed amateur video games involving phony groups and kids as young as 14 years of ages. [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 launched the names of the expected developers of 1xBet. These are “Sergey Karshkov”, “Roman Semiokhin” and “Dmitry Kazorin”. [17] All three have Cypriot citizenship. [16] The trio are suspected of organizing the online bookmaker 1xBet, and are offenders in a criminal case, with charge of imprisonment. A variety of estates in Russia with an overall worth of 1.5 billion rubles were seized. [17]
In 2021, Parlan Law practice revealed a search for victims of 1xBet in Russia. The business has actually organized a service for filing applications to the investigative committee. They filed a lawsuit versus the owner of the Russian version of 1xBet – bookmaker 1xStavka. [18]
In 2023, Morocco’s National Judicial Police Brigade (BNPJ) opened a mass investigation into 1xBet amongst other betting sites on charges of operating an illegal gaming enterprise following a complaint by MDJS. [19] [3]
In November 2021 1xBet’s subsidiary company, 1хCorр MV, declared bankruptcy in a Curaçao court after it declined to refund a group of bettors represented by the foundation for curaçao gaming victims. The company was stated bankrupt in June 2022 but continued to operate. [20] The individuals specify that 1xBet structurally deniеs the genuine wins of gamers with millions of euros in unpaid profits. [21] In January 2023, 1xCorp MV was declared 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 brand-new items'”. GamblingNews. Retrieved 10 October 2023.
^ “1XBET renews Partnership with FC Barcelona”. Archived from the original 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 betting company throughout 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 initial on 3 August 2024. Retrieved 12 August 2024.
^ “1xBet validates Mexican growth following license approval”. 30 March 2020. Archived from the original on 4 February 2023. Retrieved 24 May 2023.
^ “1xBet expands in Chile with football deal”. agbrief.com. 22 March 2022. Archived from the initial 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 betting firm”. 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 investigation – 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 initial on 6 July 2022. Retrieved 27 December 2020.
^ “What is the bookie 1XBet well-known 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, Philippe; Brown, Andy; Kerr, Jack; Kunti, Sam; Menary, Steve (21 October 2024). “Child’s play”. Josimar. Retrieved 21 October 2024.
^ a b Gm, 1xBet Ebene Magazine- (10 December 2020). “. EbeneMagazine – RU – “The stars use their symbols, however nobody understands the owners”: the primary thing from the Forbes text about the founders of the bookie 1xBet. ru”. EBENE MAGAZINE (in French). Archived from the original 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 company bankrupt however still in business 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, Remy (20 June 2023). “Crypto billions and unlawful gambling sites: ‘Russian’ 1xBet conquers the world from Curaçao”. Follow the cash – Platform for 1xBet investigative journalism.
Archived from the initial on 12 August 2024.
