The UK Gambling Commission (UKGC) has issued a bombshell warning to Premier League clubs, explicitly naming Leicester City’s crypto casino sponsor BC.GAME as part of a global network of unlicensed gambling operators exploiting sports partnerships to target vulnerable users. But is this just the tip of the iceberg?
BC.GAME: The Offshore “Poster Child” for Illegal Gambling
As FinTelegram previously exposed, BC.GAME operates through a labyrinth of shadowy offshore entities — from the bankrupt Curaçao-based Blockdance B.V. to Belize-registered Twocent Technology Limited. Despite its dubious Anjouan Gaming license (a jurisdiction notorious for lax oversight), BC.GAME continues to flout regulations, leveraging Leicester City’s global fanbase to onboard users into its unregulated crypto gambling ecosystem.
- Bankrupt in Curaçao, Thriving in Belize: After Curaçao courts declared BC.GAME’s parent companies insolvent in November 2024 over $2M+ in unpaid player winnings, the platform simply shifted operations to Belize — a move critics call a “regulatory shell game.”
- Sponsorship as a Smokescreen: BC.GAME’s $40M Leicester deal — plastered on kits and stadiums — masks its true nature: a platform accessible via VPNs, bypassing UK geo-blocks with laughably weak ID checks. The UKGC confirms users can gamble anonymously using crypto within minutes of account creation.
UKGC: “Clubs Risk Prosecution”
The Commission’s scathing February 2025 letter warns clubs that promoting BC.GAME and similar operators could lead to fines or even imprisonment for executives. Yet Leicester defiantly clings to the deal, claiming BC.GAME remains “financially stable” despite mounting evidence of licensing fraud and player fund losses.
The Bigger Picture: A Global Playbook
BC.GAME’s blueprint is clear:
- Infiltrate mainstream sports (see: Leicester, Argentina’s FA) to launder credibility.
- Hide behind offshore jurisdictions while funneling profits through crypto.
- Ignore regulatory crackdowns — when one door closes, open another in Belize, Anjouan, or Malta.
🔍 Key Questions for Leicester and Regulators:
- Why does Leicester continue endorsing a platform linked to bankruptcy, unpaid debts, and illegal gambling?
- How many UK users have been siphoned into BC.GAME’s unlicensed ecosystem via Leicester’s global reach?
- When will authorities move beyond warnings and shut down this offshore rogue operator?
⚠️ The Clock is Ticking: With BC.GAME’s UK site “closed” yet still accessible via VPNs, the UKGC’s limp response raises alarming questions. Is this a regulatory failure — or complicity in letting offshore giants exploit legal gray areas?
FinTelegram will continue investigating BC.GAME’s ties to Maltese gaming insiders and the IGA Group. Stay tuned.
