Bet-b2b is based in Cyprus, 1xBet is based in Cyprus, and both of them have headquarters in Limassol.
I understand your point, but also keep in mind that 90% of the industry is based in Cyprus, Malta and Curacao. It might be a good approach here for those two operations, but it's not a good general approach to judge everyone.
three Russians who are put on the International Wanted List by the government of Russia.
If you would come over to Malta and join me for one of the events I would introduce you to more people who can't set foot in various countries due to them operating a casino without a license in them. Most of the countries aren't that big of a deal, but I know several C-Suit level employees who gambled their luck with Turkey and now can't set foot into the country, not even for connected flights.
One of my previous investors can't set foot into Australia, but he told me "I don't mind, I'll just look at it from my yacht"
Estonia, Lithuania and latvia block all iGaming salaries from Curacao/MGA licensed operations, so if you decide to accept it LTV will block it and you're without funds, regardless of your employment level.
Etc etc.
I'm not defending 1xbet here, I'm just pointing out the industry. If you would comb through Stake's C suit level I guarantee you that all of them can't set foot in all of the countries in the world. Operating black markets (and being legally banned from them) is a thing and comes with the territory.