Which Country Owns 1xBet Bookmaker

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This article introduces 1xBet owners and the journey of the betting company. How it started, where the idea came from, the country’s origin, how many countries it spread to now, how it became available worldwide, etc.

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At the moment, 1xBet’s main office is located in Cyprus. The bookmaker owns all the legal rights, and they’re all recognized. The company keeps introducing new services and products to its users from this country. Want to learn more on 1xBet services? Visit Our Full 1xBet India Review.

Who Is The Owner Of 1xBet – Shareholders and Directors

The three owners are Sergey Karshkov, Roman Semiokhin, and Dmitry Kazorin.

The business idea started in the small city of Bryansk, Russia. In their teenage years, Roman Semiokhin, Sergey Karshkov, and Dmitry Kazorin decided to open a computer club so people could come and use the internet. However, the computer club soon became a gaming place where many young people would gather to play online games, including betting. This was when the idea arose to have such a place where it would also be possible to place bets, and this idea was very attractive to both the owners and the people who liked to spend time there. It started to expand and became more and more popular. Then, it spread all over the world. Currently, the company is located in Cyprus, and all the owners also live there.

Roman was born in 1977 in Bryansk. The boy was orphaned early, so he grew up with his grandmother, and the family lived modestly. At school, Semiokhin studied averagely, but he loved sports: he attended martial arts training and won prizes in hand-to-hand combat competitions held in his native region. He holds a certificate of secondary education in the mid-90s; Roman entered the Faculty of Management of the Bryansk State Technical University and developed computer programs.

Sergey Karshkova, a former police officer, introduced himself as a marketer, opened his own company named 9 Pandas, and started the whole advertisement campaign for 1xBet.

In 2020, the entrepreneur appeared in a criminal case on the illegal organization of gambling and was on the international wanted list. It was a hard journey, but they got away with it.

who owns 1xbet

In Which Country is 1xBet Located?

1X Corp N.V., founded in 2007, is registered in Limassol, Cyprus. 1xBet holds a Curaçao eGaming License.

1xBet Rules and Regulations for Indian Users

On www.1xBet.in, players can find a whole section about the company’s rules and regulations, what responsibilities the users and the company itself have, etc.

Here, you can find a recap of the terms and conditions.

  • The company operates worldwide and accepts bets for Sports and Casino from all over the world.
  • Most importantly, people can have registered accounts and place bets only if they are 18 and above. The following individuals are not allowed to bet in 1xBet:
  1. who directly participate in the events, e.g., football players;
  2. who represent/work for other bookmakers;
  3. who are prohibited from entering into a contract with a bookmaker or gambling.
  • The bookmaker has the right not to accept any bets/lock the account of players without giving any reason.
  • All the won amounts should be given to the bettor within 30 calendar days.

All the terms and conditions are regularly updated. It is highly encouraged for the users to read them before starting to place bets so as to avoid any kind of misunderstanding with the products and services that the company provides.

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About 1xBet

1xBet is an eGaming online platform that operates worldwide and provides localized websites in more than 10 countries. It is known to offer the most compatible odds in the market. There are over 400,000 users in 1xBet, which is the greatest achievement for the company.

1xBet offers these types of bets: singles, accumulators, system, and chain bets.

The following markets are also being offered: European handicap, correct score, run of play, over/under, team to score first, etc. We also have a great selection of markets for international games on a club and country level.

1xBet offers pre-match and live bets. Live bets are available for 24 hours. The bookmaker also offers more than 30 types of deposit and withdrawal methods.

Besides Sports, the bookmaker is popular for its various casino games and online slots. You can get many bonuses when playing the games and use them to make your casino entertainment even more fun. The casino games are completely based on coincidence.

Customer service works with 24/7 availability. They offer three ways of support – emailing, live chat, and phone support. The phone number is ‎+44 127 325-69-87.

In 2022 1xBet has had some remarkable achievements. In May 2022, 1xBet signed an agreement to become the esports organization “Team Spirit” title partner. On 1 August 2022, Paris Saint-Germain announced 1xBet as their new regional partner in Africa and Asia.

Liana Hovhannisyan
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