1xBet UK acquired by TonyBet

23 Jul 2020

1xbet-uk1xBet Group has signed a Trademark License Agreement with TonyBet, which has a valid license issued by the UKGC. The agreement allowed TonyBet to obtain the 1xBet UK trademark from the 1xBet Group and gain the exclusive rights of operating the trademark all across Great Britain. Moreover, TonyBet will be allowed to develop fully UKGC-compliant products and services for its newly acquired 1xBet trademark in the near future.

It is worth noting that, as part of this agreement, the 1xBet Group will cease its operations in the United Kingdom and will stop offering its services to British players. A 1xBet spokesperson stated that, despite the company’s ambition to continue its international expansion, the United Kingdom is not considered a key market for them at this point in time. He added though that they are very pleased with the deal they made with TonyBet and stated that it was the right decision to sell the 1xBet UK brand to them; since they are a locally regulated brand that can benefit from the owning of the UK trademark of a globally acclaimed gaming group.

Furthermore, a TonyBet spokesperson said that they are very excited about the deal they have made regarding the acquisition of the trademark of one of the fastest-growing gaming companies in the world. He also stated that they are planning to launch products and services under the 1xBet United Kingdom trademark in line with the Gambling Commission’s regulations.

Why choose Tonybet

97%+ on Top football leagues
  • 25+ sports
  • High NBA Odds
  • 95%+ on Over/Under
  • Asian Handicap
  • Cashout
  • 1-click bet
  • Horse racing
  • Mobile apps
Play Now
Get the Best Odds
BOOK SPY
BOOK SPY BONUS REVIEW

Tonybet is a veteran of the betting world and a sportsbook with important recognition. The brand has a “white” approach, has stopped accepting players from regulated markets, and now only takes players from a few countries. The in-house platform serves the players well, both desktop and mobile-wise. The football odds have been massively improved, and the payout is now even higher than Bet365’s and Bwin’s, not only in the top football and basketball leagues but in the minor ones as well. The addition of Horse Racing gives more points to Tony G’s brand, especially on its UK website. The same applies to the wide variety of payment methods and the fast withdrawals. On the other hand, significant features like Bet Builder and Live streaming should be added. Overall, Tonybet is a great, stable and safe choice for novice players, and you should give it a go.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
UFC 298 Odds & Preview: Volkanovski vs Topuria Featured Image

One of the biggest UFC events of the year takes place on Saturday, February 17 at the Honda Center in Anaheim, California. UFC 298, starting at 23.00 ...

Read more »

Drake Loses $700k In UFC Fight Betslip Featured Image

Canadian rapper Drake’s curse continued as he lost $700k after placing a bet on UFC’s 297 main event fight of Sean Strickland vs Dricus Du Pless...

Read more »

Next Liverpool Manager Odds: Who Will Succeed Jurgen Klopp? Featured Image

Jurgen Klopp’s announcement that he will leave Liverpool at the end of the season shocked the football world. The German will depart from Anfiel...

Read more »

Top 100 Bookmakers for 2024 Featured Image

Every day we get bombarded by dozens, if not hundreds of extravagant remarks by various online sportsbooks claiming to be the best when it comes to od...

Read more »

Betby’s Esports Solution Secures Approval From MGA Featured Image

Betby has received regulatory approval from the Malta Gaming Authority (MGA) to offer its esports odds feed portfolio independently. The MGA granted a...

Read more »

Premier League Clubs Get Closer To Bookmaker Sponsorship Ban Featured Image

The front of the shirts of Premier League clubs will no longer feature logos from bookmakers once an agreement is reached. The deal would prohibit fro...

Read more »

Betano Lands Giannis Antetokounmpo As Global Brand Ambassador Featured Image

NBA star Giannis Antetokounmpo has signed a contract with Betano, making him their first-ever global brand ambassador. The Milwaukee Bucks superstar, ...

Read more »

Bet365 Continue Their Weekly 6 Scores Challenge Game Featured Image

Sports betting industry leader Bet365 has partnered with Incentive Games, a renowned free-to-play provider, to continue their highly popular weekly 6 ...

Read more »

22bet Awarded EPL Jerseys To Five Lucky Bettors Featured Image

Five of 22bet’s Kenyan users have received English Premier League jerseys after successfully predicting the correct score of Manchester United v...

Read more »

Betting Preview And Odds For Formula 1 2023 Season Featured Image

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who h...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner