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Tottenham Hotspur Has Officially Severed Partnership with 1xBet

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The trouble for 1xBet seems to be never-ending in the United Kingdom. The Russian based betting company is under investigation of the United Kingdom Gambling Commission for questionable activities in the country which are not within the framework of the law. It has already closed its operations for the bettors. However, the negative impact and the warning of UKGC are acting as a spoilsport for 1xBet. Tottenham Hotspur, one of the Premier League Clubs which signed a multimillion-dollar long term agreement with 1xBet, has decided to walk away from the betting operator. The reports suggest that more official partners of the Russian betting operators would follow the suit.

Last month, UKGC started investigating the activity of 1xBet. It is a white level partner of Russia based FSB technology. The company then stopped the operations for the betters in the UK. However, UKGC did not stop the investigation and legal actions could also be followed in the case, evidence is gathered. UKGC threatened the Premier League Clubs that the negative fallout of 1xBet can act against them.

Tottenham Hotspur signed a long term agreement with 1xBet to make the betting operator its official betting partner in Africa. The club has now officially announced that it is severing all the ties, relationship, and partnership with 1xBet. However, more announcements could be made from different other clubs with which 1xBet is officially involved. The future ramifications could act as a catalyst for such decisions. However, Liverpool has so far not made any comments on this issue. Another top-level club, Chelsea has said that the situation is being monitored closely. Earlier all the football clubs were warned of hefty fines and imprisonment up to 51 weeks for the relationship with 1xBet. Matt Zarb-Cousin, a Spokesperson of UKGC said that it is shocking to find out that top clubs did not follow due diligence before signing up for the deals.

FSB Technology and it’s White Level Partner, 1xBet came under the radar of UKGC after some questionable activities were found in the gaming operations and advertisements. UKGC noted that 1xBet is involved with adolescent sporting activities and cockfights. There are allegations about operations of the betting operator in a casino where topless dealers are featured. There are some advertisement violations as well as per the gambling commission. It said that 1xBet allegedly displays ads on those websites which offer Premier league matches illegally.

Source: https://calvinayre.com/2019/09/02/business/tottenham-yanks-1xbet-sponsor-over-gambling-warning-others-to-follow/

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About the author

Debopom Sanyal

Debopom Sanyal

Debopom is a web journalist and news enthusiast. He has been writing about world politics, science, health, finance, and technology. An avid sports enthusiast, Debopom has done his Masters in Finance and Bachelors in Engineering.

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