Leicester City Shirt Sponsor has ‘Gambling Licence Revoked By Court’

Leicester City’s t-shirt sponsor has reportedly had its licence withdrawed by a court just days after the Premier League club decided not to switch sponsor regardless of the business’s statement of personal bankruptcy.

Online sports wagering, casino and crypto trading platform BC.GAME signed a two-year offer with the Foxes in July worth ₤ 30million after the side got promoted to the Premier League.

In the wake of the financially rewarding agreement, Leicester expressed their happiness at working with a ‘community-based, online cryptocurrency video gaming platform’.

But things started going slightly pear-shaped recently when Blockdance BV and Small House BV, the platform’s parent companies, were stated bankrupt by a court in Curacao, the Caribbean area where the company is registered.

It emerged that the operator had actually failed to pay back ₤ 1.5 m owed to a group of 5 bettors.

Now BC.GAME have had their video gaming licence taken away from them by the Curaçao Gaming Control Board (GCB), gambling trade publication NEXT.io reports.

Leicester City’s t-shirt sponsor BC.Game has had its licence withdrawed after declaring insolvency

The business had supposedly stopped working to repay 5 gamblers an amount of around ₤ 1.5 million

Although the body has previously gotten a credibility for being lenient, its new system – referred to as National Ordinance for Games of Chance – has actually handled a stricter attitude and formerly stripped an operator called Rabidi N.V. of its licence after going insolvent.

The GCB’s managing director Cedric Pietersz will consult with Cottage BV’s newly-appointed trustee Barbara Nagelmackers to go over the ruling in a hearing.

The identity of BC.GAME’s owners is unidentified although Josimar think they are based in the Far East, maybe Taiwan or Singapore.

The business is unlicensed throughout continental Europe and the UK and is ‘black-listed’ in a number of countries, consisting of Greece, Bulgaria and Lithuania.

The choice comes after to stick with their ₤ 30m partner despite the personal bankruptcy statement emerging recently.

Bankruptcy is considered an extraordinary event under Premier League guidelines meaning the Foxes had a right to look for a new t-shirt sponsor but decreased to do so.

The club were positive in BC.Game’s claims that they had no liquidity problems and benefited their ₤ 30m, half of which they firmly insist has actually already been paid.

Leicester were not preparing to review the scenario till completion of the season in May, when the first year of the contract had expired, however where this will change because of the court’s newest choice stays to be seen.

Leicester stuck to the sponsor despite them being stated bankrupt last week

Over half of the Premier League, consisting of Aston Villa, have gambling sponsors on the front of their t-shirts

Pictured: Leicester stars party in a Danish bar before Steve Cooper’s sacking the next day

Last year, Premier League clubs accepted prohibit gambling companies from front-of-shirt sponsorship deals from the 2026-27 season.

But over half – 11 – of the sides in the top-flight continue to cash in on such partnerships, including Champions League outfit Aston Villa.

In March this year, Leicester were charged by the Premier League for breaching spending rules for the three-year duration ending in June 2023, which might have resulted in them being docked points at some time throughout the present project.

But the club successfully argued that due to the fact that they were no longer a top-flight club on the date they were charged, the Premier League did not have the authority to penalize them.

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