Online gambling operator 1xBet has big plans for its Mexican-facing operations after being granted a license by the local regulator.
Cyprus-based, Curacao-licensed 1xBet was recently awarded a Mexican online gambling license by the Dirección General de Juegos y Sorteos (DGJS), a division of the Ministry of the Interior (SEGOB), which oversees gambling activity in the country.
The 1xBet.com.mx site lists its local subsidiary as Entretenimientos Naturales (Natural Entertainment) and its local partner as Espectáculos Deportivos de Occidente (Sports Shows of the West).
The Mexican company was issued a 25-year retail betting license in 1994, the duration of which was extended in 2018 to 2034. That same year, the Guadalajara-based company was authorized to open 30 additional betting locations.