Welcome, criminals! Do you need to launder earnings from criminal operations? What you need is a ‘grey’ source of income, such as online gambling. You can then mingle any criminal proceeds with ‘legitimate’ gambling income.
sponsorship
Aston Villa FC have just signed a three-year, eight-figure sponsorship deal with BK8, a gambling operator which is licensed in the United Kingdom but carries out its activities almost exclusively in Far Eastern countries where sports gambling is illegal.
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The advertising blitz which controversial gambling operator 1XBet launched in Morocco in 2022 was so successful that the local gaming authority which finances the country’s grassroots and elite sport saw a decline in projected revenue for the first time. But Morocco is fighting back and could lead the way for the rest of Africa to follow suit.
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