Galatasaray Suspends $14m Shirt Sponsorship Amid Illegal Gambling Claims
Regulation · 2024-09-20

Galatasaray Suspends $14m Shirt Sponsorship Amid Illegal Gambling Claims

Galatasaray has faced criticism for the deal with a company with close ties to illegal gambling. [Image: Shutterstock.com]

Turkish soccer giant Galatasaray has suspended its shirt sponsorship deal with Serwin Global Solutions after allegations of illegal betting.

The contract, which runs for two years and is worth over $14m, promotes the digital news platform Meritking.news. The move attracted criticism as the site is allegedly linked to illegal betting operators. Galatasaray’s Vice President Niyazi Yelkencioglu initially defended the deal, insisting that the arrangement was only with the news portal, but the club has now U-turned.

ensure that our collaborations are conducted in a manner that protects the interests of our club”

“We have suspended the sponsorship agreements with Serwin Global Solutions SDN BHD until the information and claims provided to us are clarified,” said a statement from Galatasaray. “We will continue to ensure that our collaborations are conducted in a manner that protects the interests of our club.”

Yelkencioglu also claimed that the contract had a clause which would allow termination if any illegal activities were discovered, before insisting that it had been thoroughly reviewed by the club’s legal team.

The move was made even more controversial after fierce rivals Fenerbahçe filed several complaints to sporting authorities against Galatasaray, which included the sponsorship deal. The complaints were filed before a crucial match between the two teams, who sit in the top two positions in Turkey’s Süper Lig, on Saturday, September 21.

Popular articles
Vietnam’s Controlled Gaming Shift Gains Ground, But Domestic Demand Still Lags
Southeast Asia
Across 6 Cities: HUIDU Invites You to 8 World Cup Parties Redefining High-Value Social Networking
HUIDU Focus
Kazakhstan plans to penalise online casino promotions
Regulation
Vietnam's tightening online gaming policy creates new market opportunities
Southeast Asia
GAT Expo Puerto Rico Will Pulse with the New Era of Gaming in the Caribbean
Marketing
Gaming & Technology Expo Makes a Powerful Entrance in CDMX
Marketing
British gambling levy rates confirmed for each vertical
Regulation
1spin4win releases unique slot Don Catleone Hold and Win featuring gangster cats
Online Game
Institutional Academy that exceeded expectations marked the opening of GAT CDMX
Online Game
GAT CDMX 2025 Institutional Academy: Leaders and Experts Analyze the Present and Future of the Gaming Industry in Mexico and Lat
Sports Game
UK MPs reopen 2025 gambling inquiry as reform stalls
Regulation
B2B Tech Infrastructure Gains Momentum in Philippine Gaming Sector
Southeast Asia
Online gambling, crypto pose ongoing money laundering risks in Philippines, analyst says
Southeast Asia
GGC Awards 2026 Shines in Colombo: Honoring Leaders and Innovators in the iGaming Industry
HUIDU Focus
PropellerAds Shared a New iGaming Case Study: 97,674 Installs and 12,701 Deposits in 3 Months
Marketing
Home
Game
Cooperation
Find
My