1xBet is an online gambling company licensed by Curaçao eGaming License. It was founded in 2007, is based in Cyprus, and licensed in Curacao.[3]The organisation operates a franchise business model.[4] Following revelations into the company's finances, it is not allowed to operate in a variety of countries[5] including the US, UK, Russia, France and Spain. International arrest warrants have been issued for the company's three founders, one of whom reportedly died in Switzerland in 2023.[3] Amid these controversies, the company changed its focus to Africa, South America, South East Asia and India.[6]1xBet is one of the world's largest online casinos, accepting bets on amateur sporting events, including children's sports, broadcast live on its website.[3] The company has also accepted betting on cockfighting.[3] The company is the sponsor of FC Barcelona until 2029 and Paris Saint-Germain until 2025
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