The bookmaker is tied to numerous esports organizations via sponsorship and is now facing severe legal ramifications.
Update: This article was originally published in 2023. It was updated on 2026 to include 1xBet’s activities afterward within the esports scene.
Russian bookmaker 1xBet, sponsor of several esports organizations, has officially been declared bankrupt by the Dutch Supreme Court. The declaration is a confirmation of an earlier ruling in June 2022 that saw the company declared bankrupt by the Dutch Caribbean Island of Curacao.
The declaration of bankruptcy comes after 1xBet was accused of not paying bettors, only to appeal to the Supreme Court in the Hague. The betting company’s bankruptcy, which is also a prominent…