1xBet, the online gaming manipulator that some say has ties to Russian authorities, is denouncing recent reports that it’s running into financial issues. A word clause late last calendar week asserted that a lawcourt in the The Netherlands has supported the hanging of its certify in Curacao, but the society refutes the article as an try to stain its reputation.

The base of the story claimed that the Holland Supreme Court upheld a ruling past a lour court of justice inward Curacao that could possibly personnel the licensee to close. In a public press resign from January 25, 1xBet denied the allegation. It asserted that the info came from a media outlet, Josimar, that only when wanted to discredit the company.

The companionship added that it has “encountered no issues” regarding its permission inwards Curacao. However, the Supreme Court’s publication of the results of a case involving 1xBet thither seems to suggest otherwise.

Disputing The Facts

An protagonism grouping for gambling consumers has reportedly been fighting 1xBet (allegedly trading as 1xCorp inwards Curacao) for the past tense few years. It argues that the manipulator has lawlessly withheld money – around €1 billion (US$1.09 million) from its users and has sought return inwards court.

The pillowcase made it all the way of life to the Supreme Court of the Netherlands, as verified past the court’s own documents. In the publication, it references a “bankruptcy application” and unsuccessful person to wee-wee payments.

The Supreme Court rejected an appeal by 1xCorp that would get kept it from having to filing cabinet for bankruptcy. However, 1xBet, inwards its mechanical press release, tries to distance itself from the company.

It argues that it operates through a “franchise model,” as if that would unloosen it from any responsibility should the allegations against 1xCorp be true. Despite the effort at deflection, in that location is stock-still some grounds that the 2 entities deal an intrinsic connection.

The companion of reference inwards Curacao is 1xCorp N.V., whose theater director is Ozkan Gun Kazorin, according to Dun & Bradstreet. a cursory hunting of the name produces virtually no data, although it does termination in one tie-in that ties Kazorin to 1xBet founders Sergey Karshkov and romish Semiokhin.

Those two founded the companion on with a 3rd individual, Dmitry Kazorin, who happens to divvy up the same endure epithet as the 1xCorp beginner inward Curacao. Based on data from Forebears, this is likely more than just now a coincidence. Only around 87 people inward Russian Federation feature that same in conclusion name.

More Evidence Comes To The Surface?

1xBet also highlights inward its public press button that “1xCorp, a Curacao company, is the ‘owner’ of 1xBet” is false. While the Curacao fellowship “1xCorp N.V.” isn’t the owner, at that place is plentifulness of grounds to show that “1xCorp” (without the “N.V.”) is.

In 2019, thither was a case before the World Intellectual Property Organization (WIPO). It appeared inwards a WIPO Arbitration and Mediation Center auditory sense 'tween Navasard Limited of Republic of Cyprus as the complainant and “Harry Houdini” of Portugal as the respondent.

At the middle of the difference was the land gens 1xbet.soccer, which Erik Weisz allegedly registered. As WIPO presented, on that point were several indisputable facts – 1xBet belongs to Navasard and Navasard operated a list of 1xBet websites.

More importantly, as WIPO pointed out, “Complainant’s domain of a function names and trademarks are operated by the society 1XCorp. N.V. and a figure of other attached entities.” 1xBet won that dispute.

Hard To Ignore The Facts

There get been reports that 1xBet is exploiting the popularity of sports betting to funnel money to Russia’s president. This has been alleged by Ukrainian officials and others, but no more single has been able-bodied to support the information.

This week, Ukraine proclaimed that President Vladimir Zelensky was sledding to sign an rules of order to impose sanctions on 1xBet. The fiat will reportedly okay 15 of the 24 sanctions provided for by law.

Among these are the block of all assets of 1xBet companies in Ukraine, the ban of backdown of chapiter alfresco Ukrayina and a restriction on trading operations inward the country.

That would seem to bring home the bacon financial support of the company’s ties to Russia. The fact that at least one of 1xBet’s founders previously worked for the Russian government is to a greater extent support.

In addition, in that respect are several brands, including 1xStavka, operating in that land that make allegedly been linked to 1xBet.

1xBet also tries to downplay the reliability of Josimar, a “less visited sports website,” as 1xBet describes it. The platform’s articles are now and then “filled with factual inaccuracies,” according to 1xBet. It asserts the same virtually Josimar’s reporting of the Curacao story.

However, Josimar wasn’t the primary election germ of the information. It was the Curacao Chronicle.

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