Gambling platform BC.Game has announced it will contest rulings that declared the company bankrupt.
A court on the Dutch Caribbean island of Curacao – which was previously urged to act against online casinos – ruled that Blockdance BV and Small House, BC.Game’s operators were no longer solvent after a failure to pay customers and meet regulatory requirements.
The gambling entity strongly refuted the claims in a statement, confirming it would “vigorously appeal the decision” as part of efforts to “uphold our reputation as a legitimate operator in the industry.”
It also told SportBusiness: “While the court has declared Blockdance and Small House bankrupt, we are actively appealing the decision. The legal issues are complex, and we believe that, after further investigation, the true nature of the claims will become clear.”
BC.Game has clearly stated it has no issues impacting its liquidity or financial standing, and the matter is an administrative one that is immaterial to its going concern status.
The platform is also a principal sponsor of the English Premier League soccer club Leicester City, which started to allay concerns.
BC.Game’s logo adorns the front of the Foxes’ shirts, after a two-year deal worth a reported £30 million ($37.5M) was agreed upon earlier this year.
BC.Game also has ties to American influencer Bryce Hall.
A Club statement on https://t.co/P2as0jX8eI:
— Leicester City (@LCFC) November 21, 2024
Committed to contractual and financial obligations
Leicester confirmed they were in continued dialogue with their partner company which has provided the “strongest assurances” on the situation and “they remain fully committed to meeting their ongoing contractual and financial obligations, including to the club, and that this case will not impact on BC.Game’s continuing international operations.”
As the case develops, the platform has committed to providing its stakeholders and customers with as much clarity as possible. BC.Game said it would issue regular updates on the legal situation to safeguard its user experience in the interests of transparency.
Image credit: LCFC/X
