1xbet’s Curaçao License Is Valid And Fully Operational

In connection with a recent media report which appeared on a small sports website featuring inaccurate data about 1xBet, we believe it is appropriate to provide official information that fully corresponds to the true state of affairs.1xBet is a leading global bookmaker brand that has licenses in several international markets, including Curacao, which is home to many global gaming and betting companies.

The article can only be described as a mixture of fantasy and a littering of random statements with no basis in reality or fact.However, in this case, we are talking about the reputation of our brand and we would like to refute the “information” given in the article.It states that 1xBet “was declared bankrupt this week”.

1xBet is one of the fastest-growing and biggest gambling brands in the world.It states that 1XCorp, a Curacao company, is the “owner” of 1xBet.

1xBet is headquartered in Cyprus with thousands of employees.It states that 1xBet is a “Russian bookmaker”.

Its products and services are blocked in Russia and Belarus.It states the bankruptcy of 1XCorp relates to an action brought by the Foundation for Representation of Victims of Online Gaming (SBGOK), which supposedly “represents customers claiming to be owned “roughly 830,000 euros” in winnings.It states a similar case exists in Russia, including a suggestion that “1xBet has lost its license to operate in Russia.” We would like to take these allegations in turn, as believe they require context.The 1xBet brand, via a global franchise model, has millions of customers, placing tens of millions of bets on sports around the world.

This is a Curacao company that once owned various gaming platforms and businesses.As for the Russian market, 1xBet can’t have lost its license there, because it did not have it initially.

The action relates to another bookmaking business in Russia, which is neither owned nor controlled by 1xBet.The article states that 1xBet had “secured licenses” to operate in Ukraine and the license had “been revoked”.  It’s not true.