Swedish online gambling company Unibet will end its sponsorship of its professional cycling team which will disband at the end of the year, the team's general manager said yesterday.
"We have decided to disband the team. Our staff can now seek new employment," Koen Terryn said.
Unibet.com was at the centre of a row which threatened the future of the sport this year after its team was barred from taking part in the Tour de France because organisers said online gambling is banned in the country.