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

Leicester City’s shirt sponsor has apparently had its licence revoked 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 betting, casino and crypto trading platform BC.GAME signed a two-year handle the Foxes in July worth ₤ 30million after the side got promoted to the Premier League.

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

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

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

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

Leicester City’s shirt sponsor BC.Game has had its licence revoked after stating bankruptcy

The business had actually apparently failed to repay five gamblers an amount of around ₤ 1.5 million

Although the body has previously gained a track record for being lax, its brand-new system – called National Ordinance for Games of Chance – has handled a stricter mindset and formerly removed an operator called Rabidi N.V. of its licence after going insolvent.

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

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

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

The decision comes after Leicester decided to stick to their ₤ 30m partner regardless of the bankruptcy declaration emerging recently.

Bankruptcy is considered an extraordinary occasion under Premier League guidelines implying the Foxes had a right to search for a new t-shirt sponsor however decreased to do so.

The club were confident in BC.Game’s claims that they had no liquidity concerns and benefited their ₤ 30m, half of which they insist has currently been paid.

Leicester were not planning to evaluate the circumstance until completion of the season in May, when the first year of the contract had expired, however where this will alter in light of the court’s most current choice stays to be seen.

Leicester stuck to the sponsor regardless of them being stated insolvent recently

Majority 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 nightclub before Steve Cooper’s sacking the next day

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

But majority – 11 – of the sides in the top-flight continue to capitalize such collaborations, consisting of Champions League attire Aston Villa.

In March this year, Leicester were charged by the Premier League for breaching costs guidelines for the three-year duration ending in June 2023, which might have led to them being docked points at some point during the existing 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 punish them.

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