1xbet

1xBet
Type of site	Private
Founded	2007
Headquarters	Cyprus
Area served	134 countries
Founder(s)	Sergey Karshkov, Roman Semiokhin, Dmitry Kazorin (alleged)
Key people	Evgeniy Kiriushin, Alexandr Thikonov
Industry	Online gambling
Services	Online betting & gaming
Revenue	$2 billion (estimated)
Parent	1X Corp N.V.
Subsidiaries	1xBit, 1xStakva, BookmakerPub, 22bet, MelBet, BetWinner, AsproBet, 1x
URL	1xbet.com

1X Corp N.V. (also known as "1xBet") is a Russian online gambling company licensed by the Curaçao eGaming License. It was founded in 2007 and registered in Cyprus. In 2019 they experienced considerable growth, becoming official sponsors of Chelsea FC, and Liverpool FC.

Initially a Russian Casino, it later expanding its online presence through its partner BookmakerPub. Despite various violations and regulatory infringements within its jurisdiction, it managed to continue its presence in Russia, Malta and Cyprus.

Following an investigation by The Sunday Times in 2019, their license was promptly rescinded by the UK Gambling Commision (UKGC) after revelations of involvement promoting a “pornhub casino”, bets on children’s sports and advertising on illegal websites.^[1]

They are since banned from operating in the UK, however continue to sponsor FC Barcelona and the Confederation of African Football (CAF).^[2]

1xBet is reputated as one of the world’s most controversial betting firms and is featured on Russia's payment processor blacklist.^[3]

Criminal Investigation

Semiokhin, Kazorin and Karshkov are suspected of organizing the online bookmaker 1xBet and are defendants in a criminal case initiated on the facts of a crime under Part 3 of Art. 171.2 of the Criminal Code "Illegal organization and conduct of gambling", with penalty of imprisonment.^[4]

Owners

Semiokhin, a Russian billionaire - founder of more than 30 registered companies in real estate, agriculture, hotel business. [1]

Karshkov, head of the "K" department of the Internal Affairs Directorate for the Bryansk region, which prevented computer crimes, telecommunications crimes, mobile fraud, etc. At that time he was a police major [2]

Kazorin, co founder of BookmakerPub and Live Bet LLC. [3]

As of January 2021, 1xBet has amassed over 298,000 search results for the term "1xBet Scam" on Google.

References

^ Times, Jon Ungoed-Thomas, Lucy Bacon | The Sunday. "Premier League clubs accused over links with betting firm". ISSN 0140-0460. Retrieved 27 December 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
^ Gallagher, Erin-Marie (11 February 2019). "1xBet grows portfolio with Confédération Africaine de Football sponsorship". Insider Sport. Retrieved 27 December 2020.
^ "UKGC Opens Probe into 1xBet UK Brand on Reported Regulatory Breaches". GamblingNews. 13 August 2019. Retrieved 27 December 2020.
^ "СК назвал подозреваемых в создании запрещенного букмекера 1XBet". РБК (in Russian). Retrieved 3 January 2021.

[1] Times, Jon Ungoed-Thomas, Lucy Bacon | The Sunday. "Premier League clubs accused over links with betting firm". ISSN 0140-0460. Retrieved 27 December 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)

[2] Gallagher, Erin-Marie (11 February 2019). "1xBet grows portfolio with Confédération Africaine de Football sponsorship". Insider Sport. Retrieved 27 December 2020.

[3] "UKGC Opens Probe into 1xBet UK Brand on Reported Regulatory Breaches". GamblingNews. 13 August 2019. Retrieved 27 December 2020.

[4] "СК назвал подозреваемых в создании запрещенного букмекера 1XBet". РБК (in Russian). Retrieved 3 January 2021.

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