Without a doubt, we can all agree that 1xBet is by far one of the most popular sports betting platforms around the globe. We’ll be dotting i's and crossing t’s about the 1xBet brand, its establishment, history, and successful expansion into Africa, and more.
Since its launch, 1xBet has expanded its reach and cemented itself as a prevalent choice for sports bettors in Nigeria. The sportsbook is a reputable and well-secured betting platform that offers a wide range of betting options, with more than 250 modes of payment methods. Bettors who sign up on this sportsbook can enjoy features such as 1XGames, Casino, Esports, and many more. This article will aim to dive deep about 1xBet, what is 1xBet? What is 1xBet all about? Who is the owner of 1xBet in Nigeria? Who owns 1xBet? The sportsbook's history, and other interesting parts. Discover and find out.
| Company Name | 1xBet |
| Founded | 2007 |
| Head Quarters Address | Limassol, Cyprus |
| Presence Globally | 134 countries |
| Key Personnel | Evgeniy Kiriushin & Alexandr Thikonov |
| Owners | Sergei Karshkov, Dmitry Kazorin, and Roman Semiokhin |
1xBet was created in 2007 meaning it has been running successfully for about 16 years. It has become a front-runner in the sports betting industry gaining a worldwide reputation. This bookmaker offers its players loads of promotional bonuses, features, and a long list of sports betting options amongst many more. 1xBet also supports over 250 payment systems making it quite robust and offering ease of use for customers.
Due to their services, 1xBet has received some recognition, most recently in 2023 in the month of June, they were named ‘Sportsbook Operator of the Year’ at the SiGMA Americas Awards. They also have a long history of working with reputable teams and leagues like FC Barcelona, PSG, Serie A, CAF, and a partnership with top football players and celebrities.
1xBet was founded by Sergie Karshkov with two co-founders Roman Semiokhin and Dmitry Kazorin. Sergei Karshkov and its ownership of 1xBet is based in Cyprus and has a license from the Curacao government. They have successfully gained a reputation for being a sportsbook that offers a huge range of sporting options, brilliant customer services, huge odds, and many more.
On the other hand, Beauforbet Nigeria Limited owns and operates the 1xBet franchise in Nigeria. They are a duly registered betting platform, with license from the Lagos State Lotteries Board and the National Lottery Regulatory Commission. Aside from their online platform, 1xBet has onground shops for non-online players. 1xBet online platform has been up without any issues and it's definitely worth trying out.
Given the immense popularity of 1xBet as a betting site both locally and Internationally, their revenue is quite enormous. Some sources claim 1xBet pulled in a staggering 8 million dollars in annual 2023 revenue. The net worth of 1xBet is valued at 2 billion Dollars. This shows that substantial investments have been made and are most likely still being made to achieve dominance both locally and internationally.
1xBet has become one of the most visited sports books with punters regularly investing money into the platform. This is further helped by 1xBet’s steadily increasing popularity amongst punters due to its attractiveness. The number of regular visitors to the website is more than 400,000 people daily and this added popularity brings a steady increase in patronage. Also, when compared to other sportsbooks, we see a clear gap in worth between Sportybet coming in second with just over 16 million dollars.
Just like any other business, 1xBet has its registered head office at 9 Vannern Crescent, Maitama, Abuja, Nigeria,. This office manages 1xBets operations nationwide, and users can easily reach out to them for first hand assistance. It is strategically located to ensure ease of access for all sports bettors and others regardless of the location.
Despite 1xBet having a good online platform, it still operates several physical shops. These stores ensure that sports punters have the convenience of a walk-in center to physically place bets and receive payouts. Sports bettors can visit the shops and stake on various sporting events. They have stores spread across the country including Port Harcourt, Lagos, Abuja, and many more. These store locations include
Note that these locations may be subject to change so do well to confirm the current address before visiting.
1xBet has slowly gathered a reputation for offering great odds and a wide range of sporting events which in turn, has increased their popularity amongst sports punters. This has helped to ensure that their reach in the African market continues to expand. Apart from placing bets online, non-online users are privy to make use of physical shops to place their bets, and they can also visit the sportsbook’s office to get one-on-one help. The 1xBet shops allow for operators to assist with payments and bets.
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