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2023-07-08T16:13:58Z

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{{Short description|Online Gambling Company}}

{{EngvarB|date = December 2020}}
{{Use dmy dates|date=December 2020}}{{Infobox dot-com company
| name = 1xBet
| logo = 1xbetlogo.png
| logo_size = 270px
| type = [[Privately Held Company|Private]]
| language = [[English language|English]]<br>[[Russian language|Russian]]
| foundation = 2007
| predecessor =
| successor =
| locations =
| area_served = 134 countries
| owner = Sergey Karshkov<br>Roman Semiokhin<br>Dmitry Kazorin (alleged)
| founder =
| key_people = Evgeniy Kiriushin<br>Alexandr Thikonov
| industry = [[Online gambling]]
| products =
| services = Online [[Sports betting|betting]] & gaming
| revenue = {{decrease}} $2 billion (estimated){{By whom|date=October 2022}}
| assets =
| equity =
| parent = 1X Corp N.V.
| divisions =
| subsid = 1xStavka, BookmakerPub, AsproBet, 1xbetaffiliates, partners1xbet, 1xbetcompani, 1xbetworld, bet1-x, 1xbn, 1xbet85, 1xbit, 1xslots
|url=[https://1xbet.com/en 1xbet.com]
| footnotes =
| intl =
| location_city =
| aum =
| location_country = [[Limassol]], [[Cyprus]]
| genre =
| fate =
| defunct =
| location =
| alexa =
}}

'''1xBet''' is an online gambling company licensed by [[Curaçao]] eGaming License. It was founded in 2007 and registered in Cyprus. In 2019, they experienced considerable growth, briefly sponsoring [[Chelsea F.C.|Chelsea FC]] and [[Liverpool F.C.|Liverpool FC]].<ref>{{Cite web |last=Carp |first=Sam |date=2019-07-11 |title=Liverpool go all in with 1xBet |url=https://www.sportspromedia.com/news/liverpool-news-1xbet-betting-sponsor/ |access-date=2023-04-03 |website=SportsPro |language=en-GB |archive-date=28 April 2023 |archive-url=https://web.archive.org/web/20230428150438/https://www.sportspromedia.com/news/liverpool-news-1xbet-betting-sponsor/ |url-status=live }}</ref><ref>{{Cite web |last=Team |first=iGB Editorial |date=2019-07-15 |title=1xBet and Paddy Power strike football sponsorship deals |url=https://igamingbusiness.com/marketing-affiliates/1xbet-and-paddy-power-strike-football-sponsorship-deals/ |access-date=2023-04-03 |website=iGB |language=en-US |archive-date=28 April 2023 |archive-url=https://web.archive.org/web/20230428150440/https://igamingbusiness.com/marketing-affiliates/1xbet-and-paddy-power-strike-football-sponsorship-deals/ |url-status=live }}</ref> The organization operates a franchise business model.<ref>{{Cite web |title=Start a Betting Business With 1xBet Franchise {{!}} Bett-market |url=https://bett-market.com/en/1xbet-bookmaker-franchise-how-to-open-a-betting-shop |access-date=2023-04-06 |website=bett-market.com |language=en-US |archive-date=8 April 2023 |archive-url=https://web.archive.org/web/20230408075926/https://bett-market.com/en/1xbet-bookmaker-franchise-how-to-open-a-betting-shop |url-status=live }}</ref>

As of January 2023, 1xBet no longer appears to be located in Curaçao.<ref>{{Cite web |last=Vordev |title=Supreme Court upholds bankruptcy judgment largest online sports betting company in Curaçao |url=https://www.curacaochronicle.com/post/main/supreme-court-upholds-bankruptcy-judgment-largest-online-sports-betting-company-in-curacao/ |access-date=2023-01-20 |website=www.curacaochronicle.com |archive-date=24 January 2023 |archive-url=https://web.archive.org/web/20230124090356/https://www.curacaochronicle.com/post/main/supreme-court-upholds-bankruptcy-judgment-largest-online-sports-betting-company-in-curacao/ |url-status=live }}</ref>

== Expansion ==
Since the company's inception in 2007, 1xBet has operated within the Indian Market.<ref>{{Cite web |last=Correspondent |date=2022-12-15 |title=1xbet India {{!}} 1xbet Overview and Registration Process |url=https://thedailyguardian.com/1xbet-india-1xbet-overview-and-registration-process/ |access-date=2023-05-19 |website=The Daily Guardian |language=en-US |archive-date=19 May 2023 |archive-url=https://web.archive.org/web/20230519133210/https://thedailyguardian.com/1xbet-india-1xbet-overview-and-registration-process/ |url-status=live }}</ref>

In 2018, 1xBet made partnerships with the Nigerian Football Federation and African Confederation of Football. Later, in January 2022, 1xBet was granted a Nigerian national licence and expanded into the region.<ref>{{Cite web |title=1xBet granted Nigerian national license |url=https://www.gamblinginsider.com/news/8370/1xbet-granted-nigerian-national-license |access-date=2023-05-19 |website=www.gamblinginsider.com |language=en |archive-date=3 January 2020 |archive-url=https://web.archive.org/web/20200103161537/https://www.gamblinginsider.com/news/8370/1xbet-granted-nigerian-national-license |url-status=live }}</ref>

In 2019, 1xBet announced that the company had signed an agreement with MGA Games, expanding its portfolio to include a range of new online slot and video bingo games.<ref>{{Cite web |title=MGA Games signs agreement with international operator 1XBet |url=https://www.soloazar.com/en/category/gaming/mga-games-signs-agreement-with-international-operator-1xbet |access-date=2023-05-24 |website=SoloAzar |language=es |archive-date=24 May 2023 |archive-url=https://web.archive.org/web/20230524103442/https://www.soloazar.com/en/category/gaming/mga-games-signs-agreement-with-international-operator-1xbet |url-status=live }}</ref>

In March 2020, 1xBet confirmed the company’s expansion into the Mexican market following its approval for an operational licence. The company also announced its plan to focus on the esports betting market within the Latin American country.<ref>{{Cite web |date=2020-03-30 |title=1xBet confirms Mexican expansion following license approval |url=https://sbcamericas.com/2020/03/30/1xbet-confirms-mexican-expansion-following-license-approval/ |access-date=2023-05-24 |archive-date=4 February 2023 |archive-url=https://web.archive.org/web/20230204131815/https://sbcamericas.com/2020/03/30/1xbet-confirms-mexican-expansion-following-license-approval/ |url-status=live }}</ref>

In March 2022, 1xBet expanded into the Chilean market via the signing of a partnership agreement with the Chilean football championship, with the company becoming part of the 138 matches of the 2022 season.<ref>{{Cite web |date=2022-03-22 |title=1xBet expands in Chile with football deal |url=https://agbrief.com/news/elsewhere/22/03/2022/1xbet-expands-in-chile-with-football-deal/ |access-date=2023-05-30 |website=agbrief.com |archive-date=30 May 2023 |archive-url=https://web.archive.org/web/20230530130708/https://agbrief.com/news/elsewhere/22/03/2022/1xbet-expands-in-chile-with-football-deal/ |url-status=live }}</ref>

During August 2022, 1xBet announced that – as part of its expansion plan – the company had acquired a partnership deal with local Latin American payment company PayRetailers. The partnership saw the companies deploying a payment strategy tailored to the Latin American region.<ref>{{Cite web |date=2022-08-23 |title=How 1XBET leveraged PayRetailers’ payment solution for their expansion in LatAm |url=https://payretailers.com/en/how-1xbet-leveraged-payretailers-payment-solution-for-their-expansion-in-latam/ |access-date=2023-05-30 |website=PayRetailers |language=en-US |archive-date=30 May 2023 |archive-url=https://web.archive.org/web/20230530130707/https://payretailers.com/en/how-1xbet-leveraged-payretailers-payment-solution-for-their-expansion-in-latam/ |url-status=live }}</ref>

In August 2022, 1xBet signed an operation agreement with DS Virtual Gaming (DS VG). The agreement resulted in 1xBet expanding its virtual sports offering with DS VG’s virtual games, including RacingDogs, RacingHorses and Roulette.<ref>{{Cite web |date=2019-08-27 |title=1xBet and DS Virtual Gaming Sign an Operation Agreement |url=https://www.virtualgaming.com/1xbet-and-ds-virtual-gaming-sign-an-operation-agreement/ |access-date=2023-06-06 |website=DS VIRTUAL GAMING |language=en-US |archive-date=6 June 2023 |archive-url=https://web.archive.org/web/20230606142155/https://www.virtualgaming.com/1xbet-and-ds-virtual-gaming-sign-an-operation-agreement/ |url-status=live }}</ref>

== Sponsors ==
In May 2019, OneTouch, a supplier of mobile slot and table games, announced an agreement with 1xBet. The deal would see OneTouch’s full library of both mobile and table games added to the 1xBet games portfolio.<ref>{{Cite web |last=Yogonet |title=OneTouch signs deal with 1xBet {{!}} Yogonet International |url=https://www.yogonet.com/international//news/2019/05/20/49859-onetouch-signs-deal-with-1xbet |access-date=2023-06-12 |website=www.yogonet.com |language=en-US}}</ref>

In July 2019, [[FC Barcelona]] announced they had signed a partnership with 1xBet to name the company as the team's new global partner. The partnership will see the organizations working together in different activities with the partnership running until 30 June 2024.<ref>{{cite web |date=3 July 2019 |title=FC Barcelona adds 1XBET as a new global partner |url=https://www.fcbarcelona.com/en/news/1263451/fc-barcelona-adds-1xbet-as-a-new-global-partner |url-status=live |archive-url=https://web.archive.org/web/20230128000550/https://www.fcbarcelona.com/en/news/1263451/fc-barcelona-adds-1xbet-as-a-new-global-partner |archive-date=28 January 2023 |access-date=25 January 2023 |website=fcbarcelona.com}}</ref>

In May 2022, 1xBet signed an agreement to become the title partner of esports organisation [[Team Spirit (esports)|Team Spirit]].<ref>{{Cite web |date=9 May 2022 |title=Team Spirit and 1xBet announce partnership |url=https://teamspirit.gg/article/62778d09b81b550024d9c6f0 |url-status=live |archive-url=https://web.archive.org/web/20220921104913/https://teamspirit.gg/article/62778d09b81b550024d9c6f0 |archive-date=21 September 2022 |access-date=11 May 2022 |website=teamspirit.gg |lang=ru}}</ref>

During May 2022, esports organization OG Esports announced that the company had signed a sponsorship deal with 1xBet. The agreement names 1xBet as OG's official betting sponsor, with the company logo to appear on Dota 2 roster jerseys.<ref>{{Cite web |last=Bojan |first=Manon |date=2022-05-16 |title=OG Esports and 1xBET join forces in new partnership |url=https://ogs.gg/og-x-1xbet/ |url-status=live |archive-url=https://web.archive.org/web/20230224163916/https://ogs.gg/og-x-1xbet/ |archive-date=24 February 2023 |access-date=2023-02-24 |website=OG |language=en-US}}</ref><ref>{{Cite news |date=2022-05-18 |title=OG Esports secures partnership with 1xBet - Esports Insider |language=en-GB |work=Esportsinsider |url=https://esportsinsider.com/2022/05/og-esports-secures-partnership-with-1xbet |url-status=live |access-date=2023-02-24 |archive-url=https://web.archive.org/web/20230224163916/https://esportsinsider.com/2022/05/og-esports-secures-partnership-with-1xbet |archive-date=24 February 2023}}</ref>

On 1 August 2022, [[Paris Saint-Germain F.C.|Paris Saint-Germain]] announced 1xBet as their new regional partner in Africa and Asia.<ref>{{cite web |date=1 August 2022 |title=Paris Saint-Germain welcomes 1XBET as new regional partner |url=https://en.psg.fr/teams/club/content/paris-saint-germain-welcomes-1xbet-as-new-regional-parter-campaign-psg |url-status=live |archive-url=https://web.archive.org/web/20220922114916/https://en.psg.fr/teams/club/content/paris-saint-germain-welcomes-1xbet-as-new-regional-parter-campaign-psg |archive-date=22 September 2022 |access-date=3 August 2022 |website=psg.fr |publisher=Paris Saint-Germain F.C.}}</ref>

In August 2022, E-sports gaming organization [[Tundra Esports]] announced a three-year contract naming 1xBet as Tundra's official betting sponsor, with the company logo to appear on Dota 2 roster jerseys and events to take place on the 1xBet website.<ref>{{Cite web |last=Phare |first=Kelly |date=2022-08-18 |title=1xBET x TUNDRA |url=https://tundraesports.com/1xbet-x-tundra/ |url-status=live |archive-url=https://web.archive.org/web/20230301125619/https://tundraesports.com/1xbet-x-tundra/ |archive-date=1 March 2023 |access-date=2023-03-01 |website=Tundraesports |language=en-US}}</ref><ref>{{Cite web |last=Narayan |first=Niji |date=2022-08-18 |title=1xBet Sponsors Esports Organisation Tundra Esports |url=https://europeangaming.eu/portal/latest-news/2022/08/18/119846/1xbet-sponsors-esports-organisation-tundra-esports/ |url-status=live |archive-url=https://web.archive.org/web/20230301125616/https://europeangaming.eu/portal/latest-news/2022/08/18/119846/1xbet-sponsors-esports-organisation-tundra-esports/ |archive-date=1 March 2023 |access-date=2023-03-01 |website=European Gaming Industry News |language=en-US}}</ref>

In September 2022, 1xBet were announced as the 'Official Regional Partner' of French football club [[Lille OSC|LOSC Lille]]. The agreement grants 1xBet promotional rights to use the club's logos and player images, in addition to match advertising.<ref>{{Cite web |date=2022-09-27 |title=1xbet Is The New Official Regional Partner Of LOSC Lille |url=https://www.outlookindia.com/outlook-spotlight/1xbet-is-the-new-official-regional-partner-of-losc-lille-news-226131 |url-status=live |archive-url=https://web.archive.org/web/20220927234937/https://www.outlookindia.com/outlook-spotlight/1xbet-is-the-new-official-regional-partner-of-losc-lille-news-226131 |archive-date=27 September 2022 |access-date=2023-02-16 |website=outlookindia.com}}</ref>

During February 2023, The [[Professional Fighters League]] (PFL) announced a new sponsorship deal with 1xBet. The deal names 1xBet as the official sportsbook for the PFL in Latin America and Saharan Africa.<ref>{{Cite web |date=2023-02-25 |title=PFL lands sponsorship collaboration with 1XBET |url=https://sportsmintmedia.com/pfl-lands-sponsorship-collaboration-with-1xbet/ |url-status=live |archive-url=https://web.archive.org/web/20230309120901/https://sportsmintmedia.com/pfl-lands-sponsorship-collaboration-with-1xbet/ |archive-date=9 March 2023 |access-date=2023-03-09 |website=SportsMint Media |language=en-US}}</ref><ref>{{Cite web |title=PROFESSIONAL FIGHTERS LEAGUE ANNOUNCES 1XBET AS OFFICIAL SPORTSBOOK PARTNER FOR LATIN AMERICA AND SUB-SAHARAN AFRICA |url=https://www.pflmma.com/news/professional-fighters-league-announces-1xbet-as-official-sportsbook-partner-for-latin-america-and-subsaharan-africa |url-status=live |archive-url=https://web.archive.org/web/20230309120907/https://www.pflmma.com/news/professional-fighters-league-announces-1xbet-as-official-sportsbook-partner-for-latin-america-and-subsaharan-africa |archive-date=9 March 2023 |access-date=2023-03-09 |website=www.pflmma.com}}</ref> Also in February 2023, the [[Tajikistan Higher League]] announced 1XBET as their new title sponsor.<ref>{{cite web |date=24 February 2023 |title=БУКМЕКЕРСКАЯ КОМПАНИЯ 1XBET СТАЛА ТИТУЛЬНЫМ СПОНСОРОМ ФУТБОЛЬНОЙ ЛИГИ ТАДЖИКИСТАНА |url=https://fft.tj/bukmekerskaya-kompaniya-1xbet-stala-titulnym-sponsorom-futbolnoj-ligi-tadzhikistana/ |access-date=14 April 2023 |website=fft.tj |publisher=Football Federation Tajikistan |language=Russian |archive-date=14 April 2023 |archive-url=https://web.archive.org/web/20230414083411/https://fft.tj/bukmekerskaya-kompaniya-1xbet-stala-titulnym-sponsorom-futbolnoj-ligi-tadzhikistana/ |url-status=live }}</ref>

In May 2023, Samuel Eto signed a two-year contract to become 1xBet's brand ambassador.<ref>{{Cite web |title=Samuel Eto’o named new 1XBET brand ambassador |url=https://theguardianpostcameroon.com/post/1170/en/samuel-etoo-named-new-1xbet-brand-ambassador |access-date=2023-06-27 |website=Samuel Eto’o named new 1XBET brand ambassador |language=en}}</ref>

== Accolades ==
In June 2023, 1xBet was named ‘Sportsbook Operator of the Year’ at the SiGMA Americas Awards.<ref>{{Cite web |date=2023-06-15 |title=1xBet named Sportsbook Operator of the Year in Latin America |url=https://focusgn.com/1xbet-named-sportsbook-operator-of-the-year-in-latin-america |access-date=2023-06-21 |website=Focus Gaming News {{!}} Latest Gambling Industry News & Updates |language=en-US}}</ref>

== Controversies ==
Following an investigation by ''[[The Sunday Times]]'' in 2019, 1xBet's license was rescinded by the UK Gambling Commission ([[Gambling Commission|UKGC]]) after revelations of involvement "promoting a "[[pornhub]] casino", bets on children's sports and advertising on illegal websites."<ref>{{Cite news|last=Times|first=Jon Ungoed-Thomas, Lucy Bacon {{!}} The Sunday|title=Premier League clubs accused over links with betting firm|newspaper=[[The Times]]|language=en|url=https://www.thetimes.co.uk/article/premier-league-clubs-accused-over-links-with-betting-firm-sdvw0nwfp|access-date=2020-12-27|issn=0140-0460|archive-date=7 July 2022|archive-url=https://web.archive.org/web/20220707022501/https://www.thetimes.co.uk/article/premier-league-clubs-accused-over-links-with-betting-firm-sdvw0nwfp|url-status=live}}</ref>

1xBet features on [[Russia]]'s payment processor and [[Federal Taxation Service|Federal Tax Service]] blacklist.<ref>{{Cite web|date=2019-08-13|title=UKGC Opens Probe into 1xBet UK Brand on Reported Regulatory Breaches|url=https://www.gamblingnews.com/news/ukgc-opens-probe-into-1xbet-uk-brand-on-reported-regulatory-breaches/|access-date=2020-12-27|website=GamblingNews|language=en|archive-date=6 July 2022|archive-url=https://web.archive.org/web/20220706060255/https://www.gamblingnews.com/news/ukgc-opens-probe-into-1xbet-uk-brand-on-reported-regulatory-breaches/|url-status=live}}</ref><ref>{{cite web|title=What is the bookmaker 1XBet famous for? (rbc description)|url=https://www.rbc.ru/technology_and_media/11/08/2020/5f3277fc9a794734c48b2fb6|access-date=2 May 2021|website=www.rbc.ru|archive-date=29 September 2022|archive-url=https://web.archive.org/web/20220929013758/https://www.rbc.ru/technology_and_media/11/08/2020/5f3277fc9a794734c48b2fb6|url-status=live}}</ref><ref>{{Cite web |url=https://1xbetinbd.com/1xbet-owners/ |title=1xBet |access-date=23 February 2023 |archive-date=23 February 2023 |archive-url=https://web.archive.org/web/20230223071340/https://1xbetinbd.com/1xbet-owners/ |url-status=live }}</ref>

== Criminal investigation ==
In early 2020, awareness was raised of an unlawful practice.<ref name="ebene">{{Cite web|last=Gm|first=Ebene Magazine-|date=2020-12-10|title=. EbeneMagazine - RU - "The stars wear their symbols, but no one knows the owners": the main thing from the Forbes text about the founders of the bookmaker 1xBet.. ru|url=https://news.ebene-magazine.com/ebenemagazine-ru-the-stars-wear-their-symbols-but-no-one-knows-the-owners-the-main-thing-from-the-forbes-text-about-the-founders-of-the-bookmaker-1xbet-ru/|access-date=2021-01-13|website=EBENE MAGAZINE|language=fr-FR|archive-date=2 May 2021|archive-url=https://web.archive.org/web/20210502091616/https://news.ebene-magazine.com/ebenemagazine-ru-the-stars-wear-their-symbols-but-no-one-knows-the-owners-the-main-thing-from-the-forbes-text-about-the-founders-of-the-bookmaker-1xbet-ru/|url-status=dead}}</ref>

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".<ref name="rbc.ru">{{Cite web|title=СК назвал подозреваемых в создании запрещенного букмекера 1XBet|url=https://www.rbc.ru/technology_and_media/11/08/2020/5f3277fc9a794734c48b2fb6|access-date=2021-07-23|website=РБК|language=ru|archive-date=29 September 2022|archive-url=https://web.archive.org/web/20220929013758/https://www.rbc.ru/technology_and_media/11/08/2020/5f3277fc9a794734c48b2fb6|url-status=live}}</ref>

The trio are suspected of organizing the online bookmaker 1xBet, and are defendants in a criminal case, with penalty of imprisonment. A number of estates in Russia with a total value of 1.5 billion rubles were seized.<ref name="rbc.ru" /> The [[Investigative Committee of Russia]] has put them on the international wanted list. All three have Cypriot citizenship.<ref name="ebene" />

In 2021, Parlan Law Firm announced a search for victims of 1Xbet in Russia. The company has organized a service for filing applications to the investigative committee. They filed a lawsuit against the owner of the Russian version of 1Xbet - bookmaker 1XStavka.<ref>{{cite news |title=Клиент 1XBet подал в суд на букмекера и платежные системы Подробнее на РБК |url=https://www.rbc.ru/technology_and_media/22/06/2021/60d0af5b9a794772f446d367 |access-date=3 October 2022 |publisher=rbc.ru |date=22 June 2021 |archive-date=6 October 2022 |archive-url=https://web.archive.org/web/20221006062519/https://www.rbc.ru/technology_and_media/22/06/2021/60d0af5b9a794772f446d367 |url-status=live }}</ref>

== Bankruptcy ==
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.<ref>{{cite news |title=Russian gambling company bankrupt but still in business in Curaçao |url=https://www.curacaochronicle.com/post/main/russian-gambling-company-bankrupt-but-still-in-business-in-curacao/ |access-date=19 October 2022 |work=www.curacaochronicle.com |date=30 June 2022}}</ref>

The individuals state that 1xBet structurally deniеs the legitimate wins of players with millions of euros in unpaid winnings.<ref name=":0">{{Cite web|last=Woerd|first=Frank Op de|date=2021-08-18|title=Belangenbehartiger doet aangifte tegen Curaçaose licentieverstrekker Cyberluck om fraude 1xBet|url=https://www.casinonieuws.nl/online/curacaose-licentieverstrekker-cyberluck-aangeklaagd-om-fraude-1xbet/|access-date=2021-11-27|website=CasinoNieuws.nl|language=nl|archive-date=26 January 2022|archive-url=https://web.archive.org/web/20220126044843/https://www.casinonieuws.nl/online/curacaose-licentieverstrekker-cyberluck-aangeklaagd-om-fraude-1xbet/|url-status=live}}</ref>

In January 2023, 1xBet was declared bankrupt by the Dutch Supreme Court in the Netherlands.<ref>{{Cite web |last=Lars |date=2023-01-20 |title=Bankrupt and expanding |url=https://josimarfootball.com/bankrupt-and-expanding/ |access-date=2023-01-20 |website=Josimarfootball.com |language=en-US |archive-date=20 January 2023 |archive-url=https://web.archive.org/web/20230120205827/https://josimarfootball.com/bankrupt-and-expanding/ |url-status=live }}</ref>

==References==
<references />

==External links==
* {{official|https://1xbet.com/en}}

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1xBet - Revision history

MetaBOT at 16:13, 8 July 2023