About Us

1xBet is one of the most recognized international online betting platforms, offering services in sports betting, casino games, virtual sports, live betting, and esports. Launched in 2007, it has grown into a multilingual, multi-currency platform with millions of users worldwide. Known for its user-friendly interface, fast payouts, and innovative features such as Accumulator of the Day, 1xBet also supports cryptocurrency transactions and instant betting via mobile and Telegram.

When Was 1xBet Founded?

1xBet was founded in 2007, at a time when the global online gambling market was undergoing rapid digital transformation. Initially launched in Eastern Europe, the brand focused on the CIS (Commonwealth of Independent States) region, where demand for online betting was growing but existing platforms often lacked modern functionality and diverse market coverage.

From the beginning, 1xBet positioned itself as a technology-first bookmaker, offering dynamic live betting, customizable bet slips, and one-click registration — features that were rare in the regional market at the time. This gave the platform a competitive edge and attracted a large user base looking for fast, flexible, and high-odds betting experiences.

By the early 2010s, 1xBet had already become one of the most recognized names in post-Soviet countries. Its success was driven in part by aggressive affiliate marketing, support for local languages and currencies, and an unusually wide selection of sports — including lesser-known regional leagues, esports, and virtual games.

As online gambling regulation began to tighten in certain countries, 1xBet Legality adapted its operations by shifting to an international model supported by offshore licensing (primarily from Curacao) and localized front-end websites. This allowed the brand to expand into markets across Asia, Africa, and Latin America, often through regional partnerships or white-label franchises.

Today, although 1xBet’s corporate structure remains decentralized and partially opaque, its origin in 2007 marked the beginning of a new phase in the online betting industry — one defined by global accessibility, multi-currency support, and rapid digital scaling.

Who Is the Founder of 1xBet?

While 1xBet does not officially publish information about its founders on its website, multiple investigative sources have identified the original 1xbet owner as:

• Roman Semiokhin
  
• Sergey Karshkov
  
• Dmitry Kazorin
  

These individuals were linked to the platform in its early years and are widely credited with developing the original version of the 1xBet brand and backend infrastructure. Their names appear in Cypriot business registries and have been cited in journalistic investigations related to the broader 1xBet structure.

A Globally Operated Brand with Offshore Foundations

Today, 1xBet functions as a globally distributed brand, operating through a complex network of international legal entities, regional partners, and technology providers. Instead of a single, centralized corporate headquarters, the platform relies on a decentralized model that allows it to adjust to different regulatory environments and serve users in dozens of countries.

The company’s primary licensing base is in Curacao, a well-known offshore jurisdiction for online gambling operators. Holding a Curacao eGaming license enables 1xBet to offer services internationally, although this license is not always recognized by national gambling authorities. This offshore foundation provides legal flexibility but also limits consumer protections in jurisdictions where the platform is not locally regulated.

In countries where gambling is either restricted or unregulated, 1xBet often operates via white-label solutions or regional franchises. These localized versions of the brand (e.g. 1xbet.ng in Nigeria, 1xbet.co.ke in Kenya) are managed by third-party companies that hold local licenses, allowing the platform to remain legally accessible in those markets. In some regions, access is provided through mirror domains or alternative URLs to bypass geo-restrictions or censorship.

This business model allows 1xBet to maintain a strong global presence while minimizing direct legal risk. However, it also makes the corporate structure opaque. The original founders — Roman Semiokhin, Sergey Karshkov, and Dmitry Kazorin — are rarely seen in public and have not made official statements on behalf of the company in recent years. Their names appear in business registries in Cyprus and other offshore jurisdictions, but the day-to-day management of the brand appears to be distributed across various operational teams and legal entities.

Despite the fragmented ownership and regulatory status, 1xBet continues to expand aggressively. The brand sponsors major sports organizations, including FC Barcelona, Serie A (Italy), and CAF (African Football Confederation). Its platform supports dozens of currencies, multiple cryptocurrencies, and localized services tailored to specific regions — all while operating outside the scope of traditional corporate disclosure or centralized governance.

In short, 1xBet’s offshore foundation is both a strategic advantage and a point of scrutiny. It enables the platform to reach markets that are otherwise restricted, but also raises ongoing questions about accountability, compliance, and transparency.

Legal Disclaimer

The information provided on this page is based exclusively on publicly available data, including corporate registries, investigative journalism, third-party reports, and historical records. While multiple sources have associated certain individuals with the foundation and early development of 1xBet, the company itself has never officially confirmed or denied the identities of its founders through any public statement or corporate disclosure.

This content is intended for informational and educational purposes only. It does not constitute legal, financial, or professional advice, nor should it be interpreted as an official statement from 1xBet or any of its affiliated entities.

Readers should be aware that 1xBet operates through a decentralized and internationally distributed network, and many aspects of its ownership and structure remain non-transparent by design. Any references to individuals or jurisdictions are made in good faith, based on credible reporting at the time of writing.

Use of this information is at your own discretion and risk.

About the Author

Rajan Karki is a seasoned Nepali sports journalist and online betting expert with over 15 years of hands-on experience in the industry. He has covered global events like the ICC World Cups and UEFA tournaments, and closely followed the evolution of mobile betting in South Asia.

A graduate of Tribhuvan University with a degree in Mass Communication, Rajan blends journalistic insight with a deep understanding of iGaming platforms. His reviews focus on sportsbooks like 1xBet, local payment systems such as eSewa and Khalti, and mobile usability for Nepali users.

Now in his late thirties, Rajan remains a trusted voice in Nepal’s betting community — helping readers navigate betting sites safely, efficiently, and with full local context.