Everton Sponsor Stake Exits UK Gambling Market Following Regulatory Investigation
Stake's license withdrawal stems from a Gambling Commission probe into controversial marketing practices, including a video featuring an adult actress.
- Stake, Everton FC's main shirt sponsor, will cease UK operations by March 11, 2025, following a Gambling Commission investigation into its marketing practices.
- The probe was triggered by a social media video featuring adult actress Bonnie Blue and the Stake logo, which raised concerns about the company's advertising methods.
- Stake's UK website is operated through a white-label agreement with TGP Europe, which has faced prior regulatory actions and agreed to shut down the platform.
- The Gambling Commission will issue warnings to Everton, Nottingham Forest, and Leicester City about risks tied to promoting unlicensed gambling sites, with potential legal consequences for club officers.
- Stake plans to focus on expanding in regulated markets like Brazil and Italy after exiting its UK white-label agreements.