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Lazio & Polymarket Preparing to Part Ways as Court Upholds Ban
Lazio & Polymarket Preparing to Part Ways as Court Upholds BanLazio are on the cusp of terminating their collaboration with their main shirt sponsor, Polymarket, who failed to lift their ban.Polymarket Blacklisted in ItalyLast April, the two parties announced an agreement until June 2028 that saw the American companys brand immediately displayed on the front of the Biancocelestis jersey. However, this partnership has been plagued by an unexpected development, with the Italian authorities recently blacklisting Polymarket and shutting down its website for providing unsanctioned betting services.The New York-based company lodged an appeal at Italys administrative court (TAR), arguing that its activity as a prediction market doesnt fall under the betting umbrella, and making a clear distinction between the two.TAR Rejects Polymarkets Urgent AppealAccording to Il Corriere dello Sport (via Calcio e Finanza), the TAR has rejected Polymarkets urgent appeal, explaining that the case requires a thorough examination. Therefore, the final ruling on the matter could arrive in the coming months.Lazio & Polymarket Agree TerminationIn the meantime, the collaboration between Lazio and Polymarket appears to be dead in the water. The Roman newspaper understands that the parties have already agreed to terminate the contract, which will be formalised and officially announced in the coming hours.Lazio Set for CompensationThe Italian capital club is expected to receive remuneration, as the sponsorship agreement was expected to bring 19 million to their coffers. However, the amount of the compensation remains uncertain.
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