Formula 1 (Representative image) 2 min read Last Updated : Feb 08 2024 | 10:36 AM IST The Sauber Formula 1 team says it is not concerned by a report that it could potentially face a fine in Switzerland over its sponsorship deal with online gambling company Stake. Swiss broadcaster SRF reported Tuesday...
Category: Gambling
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Stake F1 Facing Legal Action in Switzerland Over Branding
The newly named Stake F1 team is in trouble with the authorities in Switzerland over its gambling branding. [Image: Shutterstock.com] In hot water Switzerland-based Formula 1 team Sauber is in trouble with the country’s government. It announced in December that crypto gambling platform Stake is its new full title sponsor, which means that its drivers...
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Sauber F1 team unconcerned by reported investigation into gambling sponsorship – SWI swissinfo.ch
Stake logos were prominent on the new Sauber car, the C44, when it launched on Monday Copyright 2024 The Associated Press. All Rights Reserved The Sauber Formula 1 team says it is not concerned by a report that it could potentially face a fine in Switzerland over its sponsorship deal with online gambling company Stake....
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F1 News: Stake Issues Statement Over Ongoing Legal Battle
Stake F1 team is facing potential legal challenges in Switzerland over advertising regulations. The online betting platform’s integration with an F1 team has sparked a conversation on the legality of their marketing efforts. They’ve now released a statement which hopefully puts this to bed. Key Takeaways: Stake’s high-profile entry into Formula 1, via a lavish...
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Stake sponsorship triggers pre-season legal headache for Sauber F1 team
The Stake F1 Team, operated by Sauber Motorsport, is under scrutiny from Swiss authorities for the sponsorship deal with the crypto casino operator. Sauber, who operated the Alfa Romeo entry in recent years, has been rebranded as the Stake F1 Team for 2024 – taking on a new interim identity before the arrival of Audi...
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Updated: Stake Removed From Sauber Website Amid Legal Turmoil
Update: Decal Spotters has provided an update on social media regarding the below article. “Upon further investigation, it was understood that the removal of the Stake logo was solely due to routine work of the team’s website and is not indicative of any change in the team’s relationship with Stake.” Sauber’s title sponsor Stake has...
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F1’s Sauber to Race Under Two Names to Swerve Stake.com Headache
Posted on: February 6, 2024, 07:48h. Last updated on: February 7, 2024, 12:20h. Formula One racing team Sauber will be known by two names this season, “Stake” or “Kick,” depending on country-specific gambling regulations. Sauber’s new-look C44 race car, above, was unveiled in London on Monday, but the company’s managing director Alessandro Bravi also revealed...
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Stake F1 In Hot Water As Casino Commission Opens Legal Proceedings Against Title Sponsor
The Swiss racing team Sauber, now known as Stake F1 team, recently introduced their 2024 contender, the C44, in London, marking the beginning of their campaign for the upcoming Formula 1 season. However, their title sponsor, a crypto casino operator, has placed the team in a controversial position due to legal restrictions in Switzerland, where...
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BF Games Officially Enters Swiss Market With Swiss4Win!
There are only a few days left until the end of the year. However, that didn’t stop BF Games, a popular iGaming content supplier, from making another major move and further expanding its global reach! In the vast realm of online casinos, a thrilling odyssey begins as BF joins forces with Swiss4Win, the digital haven spawned from...
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BF Games expands presence in Swiss Market with Swiss4Win partnership
Swiss4Win entered the online casino market subsequent to Casino Lugano acquiring an iGaming licence in 2020, facilitating this alliance. By Gambling Insider Game studio BF Games has extended its reach in the Swiss market with its recent collaboration with Swiss4Win, an online brand associated with Casino Lugano in Switzerland. The partnership enables Swiss4Win to introduce...