1XBet was founded in 2011, is licensed in Curacao and is considered one of the up and coming bookmakers. They have a massive player base in Eastern Europe, but have also made significant revenues in Portugal, Germany, and other Central and Western European countries as well. In addition, they plan to expand their business in some countries in Asia. 1XBet has more than 1,000 betting shops in Russia and considering that they have been around for only 5 years, they have managed to make some huge steps in the industry so far.