The licensed company TBK LLC is nominally owned by Ukrainian citizens, while the 1xBet brand itself, as the commission has now established, is controlled by Russian citizens.

Is 1XBet a Scam? There is always a fear that an unfamiliar betting site might not be 100% legitimate, and a few bad reviews can add to this feeling. However, 1XBet is a well-established site that serves hundreds of thousands of customers every year. The company is registered in Cyprus and licensed in Curacao.