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Dunno if anyone has seen the athletic article about gambling sponsors but wasn't encouraged by this bit about ManBetX
Leo Ma is a branding director for one of the biggest betting groups in the Philippines, with substantial experience negotiating deals between gambling companies and Premier League football clubs.

He says he once tried to obtain a UK gambling licence for a company directly but it was a “hard, complicated and long process”. But paying a middleman to acquire a “white-label licence” is not nearly as onerous. “You just pay a service fee,” he says.

ManBetX, which sponsors Wolves’ shirts, has an arrangement with Vivaro Limited, a company based in Malta which last year was fined more than €700,000 by the Maltese authorities after violating 10 provisions of that country’s Prevention of Money Laundering and Funding of Terrorism Regulations.

Gambling consultant Bowden says such offshore intermediaries will run all the functions of the website — taking bets, paying out winnings and interacting with customers — despite the fact that very few people probably use this service because the substantive business is based in Asia.

As a UK consumer, it is possible to place bets through most of these websites (Villa sponsor LT being an exception, with a placeholder website that doesn’t function at all). But this is not the real business being advertised.

“The brands’ UK-facing business could ultimately just be a small marketing team, or even just a single guy in an office who deals with the white-label provider,” says Bowden. “The Asian bookmakers are typically not targeting a UK audience at all.”
 
Dunno if anyone has seen the athletic article about gambling sponsors but wasn't encouraged by this bit about ManBetX
I personally hate that the club have consistently used gambling firms as sponsors. The claims in this article come as no surprise really, and I sincerely hope that we look to other avenues in future for our sponsorship deals. Gambling companies feel dirty, and this article highlights that they probably ARE dirty...
 
Don't really see any difference between them and the establishment firms. They all aim to profit from the disadvantaged - scum the lot of them.
 
Don't really see any difference between them and the establishment firms. They all aim to profit from the disadvantaged - scum the lot of them.
You're not going to get an argument from me there...
 
Ignoring who we have used we have gone from £600k a year to multi millions since Fosun took over. Unfortunately the Gambling companies are the ones happy to pay that. Fosun have their hands in many pies and I think we will one day end up with one of their companies in a huge deal. They could have dived straight in with a £10m per year deal themselves but we would have the FA and co all over that for being uber dodgy
 
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Ignoring who we have used we have gone from £600k a year to multi millions since Fosun took over. Unfortunately the Gambling companies are the ones happy to pay that. Fosun have their hands in many pies and I think we will one day end up with one of their companies in a record deal. They could have dived straight in with a £10m per year deal themselves but we would have the FA and co all over that for being uber dodgy
I'm already looking forward to Wolves' difficult second album.
 
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