AFM Investigates 1win Case With ₸3.8 Billion Revenue

In Kazakhstan, the Agency for Financial Monitoring is investigating a case involving four suspects accused of organizing illegal gambling activities under the 1win brand, with reported revenue of ₸3.8 billion ($7.7 million).

Overview of the Criminal Case

According to investigators, the suspects organized illegal gambling operations through an online casino operating under the 1win brand. The investigation is being conducted by the AFM Department for the Almaty Region.

Law enforcement authorities also point to the suspects’ possible involvement in acts of violence and the unlawful deprivation of personal freedom.

Operating Scheme and Front Structure

Use of Legal Entities

To conceal the illegal activity, an extensive network of affiliated legal entities registered under nominee individuals was used.

Online Casino Operations

The 1Win online platform provided access to more than 11,000 online games, as well as betting on sports and esports events.

Bets were accepted and winnings were paid out using bank cards, electronic payment systems, and cryptocurrencies.

Procedural Status of the Suspects

All four suspects have been placed on the international wanted list. A court has approved pre-trial detention in absentia.

Asset Confiscation

Vehicles

By court order, the following vehicles were confiscated in favor of the state: Mercedes Maybach S500, Lamborghini Huracan, and Toyota Land Cruiser.

Financial Assets

Funds held in accounts totaling ₸151 million, $14.6 thousand, and €44.4 thousand were also confiscated.

The total value of the confiscated assets exceeds ₸420 million ($849 thousand).