If you heard about online gambling games or casino games such as Baccarat, online blackjack, and many more. People nowadays are shifting their interest from traditional casinos to online platforms. These platforms give real-time experience to the players. But have you ever wondered that these platforms require a license in order to work in the market? And one such betting platform is 1XBet. Let’s dive further into the article to learn about this platform.
Table of Contents
What is 1Xbet?
1X Corp N.V., popularly known as 1xBet, is an online betting or gambling company founded in 2007 and is licensed by the Curacao eGaming License. The company saw immense growth in 2019 and briefly sponsored Liverpool FC and Chelsea FC before being expelled because of their involvement in unlawful activities.
Russian Casino 2014 expanded its presence online with BookmakerPub as a partner in earlier days. Its operation is regulated in Cyprus, Malta, and Nigeria( Abuja). To your surprise, 1Xbet is a gambling company with an experience of eight years on offline and online platforms. The company offers video streaming, high odds, and an in-house affiliate rostrum with more than 100 payment methods. Moreover, the company also offers a live Casino, a user-friendly interface, an extensive range of bonuses, twenty-four/seven CS service, and multi-language.
As per our research, people give 5 stars to the company. Its offices are located in Asia, Latin America, Europe, and Africa. And in recent years, the company signed a partnership with renowned eSports firms such as Cascade Esports, HellRaisers Esports, CIS Esports, Gambit Esports, and Pro 100
Moreover, after filing the bankruptcy suit, the company is not located in Curaçao, as per the recent reports of January 2022. However, the website still operates its function online.
Controversies followed
When there is a hike in someone’s career or any company, people see popularity. Then it is pretty obvious that the controversies must follow the company or person. Similarly, 1XBet also has some ongoing controversies.
As per the reports of May 2021, 1Xbet has collected more than 1,290,0000 searches on Google using the term 1Xbet Scam. It issues an affiliate system to represent the advertising to unsuspecting clients and hold on to its reputation in the list of one of the world’s controversial betting firms. And featured on the Federal Tax Service and Russia’sRussia’s payment processor blacklist. Moreover, its access is restricted in various countries such as Uk, Russia, Portugal, Switzerland, France, Spain, USA, Belgium, Netherlands, Czech Republic, Israel, Burkina Faso, Poland, etc.
Also, as per the investigation in 2019 by The Sunday Times, their license was quickly canceled by the UK Gambling Commission after the news was out that they were involved in advertising the illegal websites and promoting a pornhub Casino. The company is restricted from operating in Uk, but it continues to sponsor the Confederation of American Football, Seria A, FC Barcelona, and other various sports as per the report of 2020
Final Words
You witness that 1Xbet is the most famous and trusted company in the world. It allows its users to play on its user-friendly interface while giving an incredible experience of the features. But controversy followed the company as well.
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