Lazio & Polymarket Preparing to Part Ways as Court Upholds Ban | OneFootball

Lazio are on the cusp of terminating their collaboration with their main shirt sponsor, Polymarket, who failed to lift their ban.

Polymarket Blacklisted in Italy

Last April, the two parties announced an agreement until June 2028 that saw the American company’s brand immediately displayed on the front of the Biancocelesti’s 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 Italy’s administrative court (TAR), arguing that its activity as a prediction market doesn’t fall under the betting umbrella, and making a clear distinction between the two.

TAR Rejects Polymarket’s Urgent Appeal

According to Il Corriere dello Sport (via Calcio e Finanza), the TAR has rejected Polymarket’s 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 Termination

In 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 Compensation

The 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.