1xBet, the online gaming operator with ties to Russian authorities, has denied recent reports that it is experiencing financial difficulties. According to a news article published late last week by the Dutch media outlet Josimar, a court in the Netherlands supported the suspension of its license in Curaçao. However, the company dismisses the article as an attempt to harm its reputation. According to the report, the Netherlands Supreme Court upheld a ruling by a lower court in Curaçao that could force the licensee to close. 1xBet denied the allegation in a press release issued on January 25. It claimed that the information provided by Josimar was only intended to discredit the company.