Betting operator 1XBet, one of football’s biggest and most controversial sponsors, has been declared bankrupt for refusing to pay out to customers and faces losing its licence. At the same time the company is expanding its global operations
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Liverpool
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FC Barcelona’s global betting partner, the controversial Russian bookmaker 1XBet, is regularly offering in-play odds and livestreamed videos of “fake” sporting competitions – including one football league with a team that shares the Catalans’ name.
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Is the Premier League used as part of an unprecedented money-laundering operation?