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It was based by Semiokhin and Dmitry Kazorin and Sergey Karshkov, the latter being a former worker of the Department of The Regional Ministry of Internal Affairs. The platform was first introduced in 2014 and quickly discovered success. From that time till 2019, when an investigation into its operations began, the government has asserted the net sportsbook collected around $886 million. That figure, however, was “pulled out of thin air,” based on Semiokhin. Janet Fredrickson worked for 2 years at Pin Up Casino before changing into a newspaper editor in 2020.
None of the 9 addresses we visited suggested the presence of a company that could be linked to a gambling business. There was no evidence that any of the companies listed as house owners of 1xBet or Winlinebet were current at any of the Cypriot addresses we visited. The Cyprus firm register lists Olena Hanych as a Director of Exinvest, and OpenCorporates mentions that she was also a Director of Bonnal and Klafkaniro Ltd.
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