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

Leicester City’s t-shirt sponsor has supposedly had its licence revoked by a court simply days after the Premier League club chose not to switch sponsor despite the business’s declaration of insolvency.

Online sports betting, gambling establishment 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 rewarding contract, Leicester expressed their happiness at working with a ‘community-based, online cryptocurrency video gaming platform’.

But things began going a little pear-shaped last week when Blockdance BV and Small House BV, the platform’s moms and dad companies, were stated bankrupt by a court in Curacao, the Caribbean area where the business is registered.

It emerged that the operator had stopped working to repay ₤ 1.5 m owed to a group of 5 gamblers.

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

Leicester City’s shirt sponsor BC.Game has had its licence withdrawed after declaring insolvency

The company had apparently stopped working to pay back five gamblers an amount of around ₤ 1.5 million

Although the body has previously gotten a credibility for being lax, its brand-new system – known as National Ordinance for Games of Chance – has handled a stricter attitude and formerly stripped an operator called Rabidi N.V. of its licence after declaring bankruptcy.

The GCB’s managing director Cedric Pietersz will meet Small House BV’s newly-appointed trustee Barbara to discuss the judgment in a hearing.

The identity of BC.GAME’s owners is unknown although Josimar think 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, including Greece, Bulgaria and Lithuania.

The decision follows Leicester chose to stick to their ₤ 30m partner in spite of the bankruptcy statement coming to light recently.

Bankruptcy is deemed an extraordinary occasion under Premier League guidelines suggesting the Foxes had a right to search for a brand-new 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 review the situation till completion of the season in May, when the first year of the contract had actually elapsed, but where this will alter because of the court’s newest decision stays to be seen.

Leicester stuck with the sponsor regardless of them being declared bankrupt last week

Majority of the Premier League, consisting of Aston Villa, have betting 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 gaming 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 outfit 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 could have resulted in them being docked points at some point during the existing campaign.

But the club effectively 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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