1xBet
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1xBet. An online gambling company, licensed by Curaçao eGaming. Founded in 2007, with its headquarters in Cyprus, 1xBet stands as one of the world's largest online casinos. Sports Illustrated has called it, "probably the biggest sportsbook on the planet." This global presence is evident in their sponsorships of major professional football clubs like Spain's FC Barcelona, Ecuador's Barcelona S.C., and France's Paris Saint-Germain, alongside prominent esports teams such as OG Esports, Team Spirit, Made in Brazil, and Tundra Esports.
The organization operates on a franchise business model. However, following investigations into its finances, 1xBet is restricted from operating in numerous countries, including the US, UK, Russia, France, and Spain. This has prompted a strategic shift in focus towards markets in Africa, South America, South East Asia, and India. They've also partnered with celebrities, including Maître Gims in Congo and Dave Leduc in Myanmar.
International arrest warrants have been issued for the company's three founders, with one reportedly passing away in Switzerland in 2023. The website accepts bets on a vast array of sporting events, from football and basketball to cricket, tennis, and esports. Beyond sports, they also offer predictions on political, economic, and cultural events, and even the weather. The platform has faced controversy for accepting bets on amateur matches involving minors and for its involvement in cockfighting. In 2025, 1xBet became the official betting partner of the Billie Jean King Cup.
**History**
Founded in Russia by Roman Semiokhin, Dmitry Kazorin, and a former Russian intelligence agent named Sergey Karshkov, who passed away in June 2023, their company reportedly generated over 655 million US dollars in illegal gambling by 2021.
In March 2020, 1xBet confirmed its expansion into the Mexican market, having secured an operational license. They also announced plans to concentrate on the esports betting sector within that Latin American nation.
March 2022 saw 1xBet enter the Chilean market through a partnership agreement with the Chilean football championship, becoming a part of 138 matches during the 2022 season.
November 2022 marked Lethwei world champion Dave Leduc becoming an ambassador for 1xBet in Myanmar and Cambodia.
Then, in October 2023, Congolese musician Maître Gims was announced as an ambassador for 1xBet.
Despite facing criminal prosecution in several countries, 1xBet has secured significant sponsorship deals. For instance, they remain a sponsor of FC Barcelona until 2029 and have sponsored Paris Saint-Germain FC from 2022 to 2025. As of 2024, the monthly average number of visitors to their platform exceeded 5 million, and the company successfully passed the first round of licensing applications to operate legally in Brazil.
In February 2025, 1xBet became the title sponsor of the Maharlika Pilipinas Basketball League in the Philippines under a contract reportedly extending through 2026, though this sponsorship was later dropped mid-season.
April 2025 saw 1xBet named the Official Global Betting Partner of the Billie Jean King Cup. This deal grants them exclusive branding rights across qualifiers, playoffs, and finals until 2026, marking the tournament's first standalone betting sponsorship.
**Controversy**
A 2019 investigation by The Sunday Times led to the revocation of 1xBet's license by the UK Gambling Commission. This followed revelations of their involvement in promoting a "pornhub casino," accepting bets on children's sports, and cockfighting, as well as advertising on illegal websites.
In 2020, 1xBet was added to Russia's blacklist of payment processors and the Federal Tax Service.
More recently, in 2024, Bellingcat and the platform Josimar reported that 1xBet allegedly organized thousands of live-streamed amateur games involving fake teams and children as young as 14.
**Criminal Investigation**
Early 2020 brought to light unlawful practices, and an international arrest warrant was issued by Russian authorities. Later, in August 2020, the Investigative Committee for the Russian Bryansk Region released the names of the supposed creators of 1xBet: Sergey Karshkov, Roman Semiokhin, and Dmitry Kazorin. All three hold Cypriot citizenship. The trio are suspected of organizing the online bookmaker 1xBet and are defendants in a criminal case with potential imprisonment. A number of estates in Russia, valued at 1.5 billion rubles, were seized.
In 2021, Parlan Law Firm announced a search for victims of 1xBet in Russia, establishing a service for filing applications to the investigative committee. They also filed a lawsuit against the owner of the Russian version of 1xBet, the bookmaker 1xStavka.
In 2023, Morocco's National Judicial Police Brigade opened a mass investigation into 1xBet and other gambling websites, citing charges of operating an illegal gambling enterprise following a complaint by MDJS.
November 2021 saw 1xBet's subsidiary company, 1хCorр MV, file for bankruptcy in a Curaçao court after refusing 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. The individuals claim that 1xBet systematically denies legitimate player wins, resulting in millions of euros in unpaid winnings. In January 2023, 1xCorp MV was declared bankrupt by the Dutch Supreme Court in the Netherlands.
**Awards**
December 2023 saw 1xBet nominated in the Scandinavian online gambling market at the EGR Nordics Awards, with nominations including Affiliate Programme, Casino Operator, Customer Services Operator, Marketing Campaign, Operator of the Year, Sports Betting Operator, and Sports Betting Platform.
In 2024, 1xBet was recognized as the Best Esport Operator in Latin America at the SiGMA Americas Awards in São Paulo. On June 4, 2024, 1xBet also secured the Digital Sports Betting Operator of the Year and Best Affiliate Program awards at the Global Gaming Expo Asia-Pacific 2024, held at the SMX Convention Center in Manila.
January 2025 marked 1xBet winning Mobile Sports Product of the Year at the International Gamers Awards in Barcelona. The company also received the Best Sportsbook Operator in Latin America award at the SiGMA Americas Awards, held in São Paulo. This recognition stemmed from their sportsbook platform and robust marketing presence across Latin America.
1xBet is an online gambling company licensed by Curaçao eGaming License. The company was founded in 2007 and is headquartered in Cyprus. 1xBet is one of the world's largest online casinos and according to Sports Illustrated "probably the biggest sportsbook on the planet". The company sponsors major professional football teams such as Spain's FC Barcelona, Ecuador's Barcelona S.C., France's Paris Saint-Germain and major Esports teams such as OG Esports, Team Spirit, Made in Brazil and Tundra Esports.
The organization operates a franchise business model. Following investigations into the company's finances, it is not allowed to operate in a variety of countries including the US, UK, Russia, France and Spain which led the company to change its focus to Africa, South America, South East Asia and India. The company partnered with celebrities such as Maître Gims in Congo and Dave Leduc in Myanmar.
International arrest warrants have been issued for the company's three founders, one of whom reportedly died in Switzerland in 2023. The website accepts bets on a variety of sporting events such as football, basketball, cricket, tennis, and esports, as well as make predictions on political, economic, and cultural events or even the weather. The platform has raised controversies for accepting bets on amateur matches involving minors and cockfighting. In 2025, 1xBet became the official betting partner of the Billie Jean King Cup.
== History ==
The company was founded in Russia by Roman Semiokhin, Dmitry Kazorin, and a former Russian intelligence agent named Sergey Karshkov (d. June 2023). By 2021, their company had made more than US$655 million in illegal gambling.
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.
In March 2022, 1xBet expanded into the Chilean market by signing a partnership agreement with the Chilean football championship, with the company becoming part of the 138 matches of the 2022 season.
In November 2022, Lethwei world champion Dave Leduc became an ambassador 1xBet in Myanmar and also Cambodia.
In October 2023, Congolese musician Maître Gims became an ambassador for 1xBet.
Despite criminal prosecution in several countries, 1xBet secured major sponsorship contracts, for example, it remains the sponsor of FC Barcelona until 2029 and sponsors Paris Saint-Germain FC from 2022 to 2025. As of 2024, the monthly average number of visitors to its platform exceeded 5 million, and the company passed the first round of licensing applications to legally operate in Brazil.
In February 2025, it became the title sponsor of the Maharlika Pilipinas Basketball League in the Philippines under a contract supposedly last up through 2026, however the sponsorship was later dropped mid-season.
In April 2025, 1xBet was named the Official Global Betting Partner of the Billie Jean King Cup. The deal includes exclusive branding rights across qualifiers, playoffs, and finals until 2026, marking the first standalone betting sponsorship for the tournament.
== Controversy ==
In 2019, The Sunday Times conducted an investigation, which led to 1xBet's licence to be revoked by the UK Gambling Commission after revelations of involvement ‘promoting a "pornhub casino’, bets on children's sports and cockfighting, and advertising on illegal websites."
In 2020, 1xBet was added to Russia's blacklist of payment processors and the Federal Tax Service.
In 2024, Bellingcat and the platform Josimar reported that 1xBet allegedly organized thousands of live-streamed amateur games involving fake teams and children as young as 14 years old.
== Criminal investigation ==
In early 2020, awareness was raised of an unlawful practice, an international arrest warrant was issued by Russian authorities. 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". All three have Cypriot citizenship. 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.
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.
In 2023, Morocco's National Judicial Police Brigade (BNPJ) opened a mass investigation into 1xBet among other gambling websites on charges of operating an illegal gambling enterprise following a complaint by MDJS.
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. The individuals state that 1xBet structurally deniеs the legitimate wins of players with millions of euros in unpaid winnings. In January 2023, 1xCorp MV was declared bankrupt by the Dutch Supreme Court in the Netherlands.
== Awards ==
In December 2023, 1xBet was nominated in the Scandinavian online gambling market at the EGR Nordics Awards. The nominations included Affiliate Programme, Casino Operator, Customer Services Operator, Marketing Campaign, Operator of the Year, Sports Betting Operator, and Sports Betting Platform.
In 2024, 1xBet was named Best Esport Operator in Latin America at the SiGMA Americas Awards, held in São Paulo. On June 4, 2024, 1xBet also won Digital Sports Betting Operator of the Year and Best Affiliate Program award at the [[Global Gaming Expo#G2E Asia
Global Gaming Expo]] (G2E Asia) Asia-Pacific 2024 held at SMX Convention Center in Manila.
In January 2025, 1xBet won the Mobile Sports Product of the Year at International Gamers Awards, held in Barcelona. The company was also awarded Best Sportsbook Operator in Latin America at the SiGMA Americas Awards, held in São Paulo. The company was recognized for its sportsbook platform and robust marketing presence across Latin America.
== References ==
== External links ==
Official website
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