The UK Gambling Commission’s (UKGC) latest warning isn’t just a slap on the wrist—it’s a damning indictment of Leicester City FC, which continues to profit from a sponsorship deal with BC.GAME, an illegal gambling operation masquerading as a “crypto casino.” As victims’ lawyers close in globally, Leicester’s refusal to expose BC.GAME’s shadowy backers raises a chilling question: Is the club complicit in laundering a criminal enterprise?
From Curaçao’s Bankruptcy to Belize’s Shadows: BC.GAME’s Fugitive Blueprint
BC.GAME’s original operator, Blockdance B.V., collapsed in November 2024 after a Curaçao court ruled it owed $2M+ in unpaid player winnings. But this wasn’t just corporate failure—it was a political scandal. Curaçao’s Finance Minister Javier Silvania now faces criminal probes for allegedly enabling BC.GAME’s license fraud, while Maltese insiders like Mario Galea and Mario Fiorini stand accused of orchestrating a shell game to shift assets to Belize-based Twocent Technology Limited.
Twocent’s Anjouan Gaming license—issued by a jurisdiction infamous for rubber-stamping rogue operators—allows BC.GAME to operate globally with near-total anonymity. Yet Leicester insists its $40M sponsorship deal is legitimate. How?
Leicester’s Dirty Secret: The Sponsorship Paper Trail
BC.GAME’s scheme thrives on one truth: offshore directors are pawns. The Belize-registered Twocent lists no beneficial owners, but Leicester holds the key.
- The Contract Clue: Leicester’s executives know exactly who signed the $40M deal—yet they refuse to disclose identities, citing “confidentiality.” Lawyers argue this secrecy violates Premier League anti-money laundering rules.
- The Money Trail: BC.GAME’s sponsorship payments originate from untraceable crypto wallets, bypassing traditional banking checks. Forensic accountants allege these funds could be linked to unpaid player debts or worse.
- The Cover-Up: Despite Blockdance’s bankruptcy and Twocent’s ties to Maltese crime probes, Leicester CEO Susan Whelan maintains the partnership is “innovative” and “responsible.”
Leicester: Accessory to Illegal Gambling?
By promoting BC.GAME’s brand to 500M+ global fans, Leicester isn’t just turning a blind eye—it’s actively recruiting victims.
- VPN Onboarding: BC.GAME uses Leicester’s logo to lure UK users, who bypass geo-blocks via VPNs to gamble anonymously—a direct violation of UKGC regulations.
- Victim Testimonies: Lawyers representing defrauded players in Italy, Germany, and the Netherlands confirm Leicester’s branding appears on BC.GAME’s login pages and promotional materials. “The club’s imagery legitimizes the scam,” states one attorney.
- Regulatory Collusion: The UKGC’s February 2025 letter warned clubs about prosecution risks, yet Leicester’s deal remains intact. Critics accuse the Premier League of prioritizing profit over player protection.
The $40M Question: Who’s Behind BC.GAME?
FinTelegram’s investigation reveals a web of offshore proxies, but Leicester could end the charade overnight.
- Front Men Exposed: Twocent’s directors are Belizean nominees with no ties to gaming. The real power lies with Maltese operatives like Mario Fiorini, whose IGA Group facilitated BC.GAME’s license transfers.
- Leicester’s Liability: By accepting crypto payments from untraceable entities, Leicester may have breached the UK’s Proceeds of Crime Act 2002. Legal experts suggest prosecutors could freeze the club’s assets if links to illicit funds are proven.
Conclusion: Time to Red Card Leicester
As victims’ lawsuits mount and Curaçao’s political elite face trial, Leicester City’s silence grows deafening. The club isn’t merely harboring a rogue sponsor—it’s fueling a global crime syndicate. Until the Foxes reveal who profits from BC.GAME’s predatory scheme, their Premier League status should be suspended.
| Name / Entity | Role / Connection | Jurisdiction / Status | Key Details and Involvement |
|---|---|---|---|
| Blockdance B.V. | Former BC.GAME operator | Curaçao / Bankrupt (Nov 2024) | Declared insolvent over unpaid winnings and regulatory violations; central to political scandal in Curaçao. |
| Small House B.V. | Successor operator (briefly) | Curaçao / Bankrupt (Nov 2024) | Allegedly received illegal license transfer from Blockdance B.V.. |
| Twocent Technology Limited | Current BC.GAME operator | Belize / Active | Holds dubious Anjouan Gaming license; beneficial owners hidden; operates BC.GAME and related platforms. |
| IGA Trust B.V. (IGA Group) | Trust/legal/asset transfer facilitator | Curaçao/Malta / Under investigation | Alleged to have enabled illegal transfers and asset movements for BC.GAME and others. |
| Mario Galea | Alleged facilitator, ex-MGA chairman | Malta / Accused | Implicated in fraud, embezzlement, and illegal license transfers for BC.GAME. |
| Mario Fiorini | Alleged facilitator, IGA Group leader | Malta / Accused | Accused of orchestrating asset transfers and money laundering for BC.GAME. |
| Javier Silvania | Curaçao Finance Minister | Curaçao / Under investigation | Accused of enabling BC.GAME’s licensing fraud and political cover-up. |
| Aideen Shortt | PR consultant to Curaçao gaming regulator | Malta / Accused | Named in Curaçao fraud and embezzlement report linked to BC.GAME. |
| Susan Whelan | CEO, Leicester City Football Club | UK / Active | Signed and oversees BC.GAME sponsorship deal; holds knowledge of contract signatories and payment sources. |
| Leicester City FC | Premier League club, BC.GAME sponsor partner | UK / Active | Entered $40M partnership with BC.GAME; refuses to disclose beneficial owners or payment origins. |
Notes:
- Directors of Twocent Technology Limited and related offshore entities are believed to be paid front men with no real control.
- The beneficial owners of BC.GAME remain hidden, but Leicester City, through its executives and contract records, could easily identify them.
- Legal actions are ongoing in multiple jurisdictions against the BC.GAME scheme on behalf of victims.
- The sponsorship deal is overseen at Leicester by CEO Susan Whelan, who has publicly defended the partnership despite mounting controversy.
The world is watching: Will UK authorities finally tackle football’s dirty money pipeline—or let Leicester become the Premier League’s first criminal accomplice?
