1xBet History: Key Milestones & Timeline from 2007 to Today

2007–2015: Foundation & Growth

2007 — 1xBet Founded

Roman Semiokhin opens his first betting shop under the Fonbet franchise in Bryansk, Russia. The same year, the foundations of what would become 1xBet are laid as the team begins developing their own online betting platform.

2012 — Breaking from Fonbet

By 2012, Semiokhin's betting operations had grown to over 300 shops across Russia. He parted ways with the Fonbet franchise and began developing 1xBet as an independent brand with an international vision.

2014 — Techinfusion Ltd Registered

The founders establish Techinfusion Ltd in Gibraltar, marking the beginning of a structured international corporate expansion and the start of strategic partnerships with financial institutions.

2016–2020: International Expansion & Controversy

2016 — Move to Cyprus

With Russian authorities increasing scrutiny of online gambling, the founders relocate operations to Cyprus, establishing 1xBet's headquarters in Limassol. The company accelerates its Africa and Asia expansion strategy.

2019 — UK License Revoked

Following a Sunday Times investigation exposing problematic content and practices on the platform, the UK Gambling Commission revokes 1xBet's operating license in Britain. The company refocuses on emerging markets in Africa and Asia.

2020 — Founders Named on Wanted List

The Russian Investigative Committee publicly names Roman Semiokhin, Dmitry Kazorin, and Sergey Karshkov as defendants in a criminal gambling case and adds them to an international wanted list. Estates worth 1.5 billion rubles are seized.

2021–2025: Sponsorships & Global Recognition

2022 — PSG Partnership

On August 1, 2022, Paris Saint-Germain announces 1xBet as its new regional partner for Africa and Asia, marking one of the company's highest-profile football sponsorships to date.

2022 — Team Spirit Partnership

In May 2022, 1xBet signed a title partner agreement with esports organization Team Spirit, reinforcing its commitment to the global esports market.

2023 — Co-Founder Sergey Karshkov Dies

Sergey Karshkov, 42, dies in a Swiss hospital in June 2023. His death, officially attributed to a rare reaction to MRI contrast fluid, draws considerable media attention given his status on Russia's international wanted list.

2024 — Best Esport Operator Award

1xBet is named Best Esport Operator in Latin America at the SiGMA Americas Awards held in São Paulo, recognizing the platform's growing influence in the Latin American esports betting market.

2025 — Billie Jean King Cup Partnership

In April 2025, 1xBet becomes the Official Global Betting Partner of the Billie Jean King Cup, the first standalone betting sponsorship in the tournament's history, with exclusive branding rights through 2026.

2025 — ATP Challenger Tour Partnership

In October 2025, 1xBet is announced as the Official Betting Partner of the ATP Challenger Tour, covering more than 30 tournaments across Europe, Asia, North and South America.