Legendary Gaming Group Files for Bankruptcy as Tricked Roster Stays Together Amid Organizational Collapse
The future of Danish Counter-Strike organization Tricked has been thrown into uncertainty after Legendary Gaming Group (LGG), the company behind the brand's 2025 revival, entered bankruptcy proceedings.
Despite losing organizational support, Tricked's active CS2 roster has confirmed it intends to remain together while searching for a new home. The development arrives at a critical moment for a squad that recently won POWER Ligaen Season 31 and has been building momentum in the European tier-two ecosystem.
Quick Summary
| Topic | Details |
|---|---|
| Main Organization | Legendary Gaming Group |
| Affected Team | Tricked |
| Situation | LGG reportedly entering bankruptcy proceedings |
| Roster Status | Staying together while seeking new organization |
| Coach Statement | Team remains committed and looking for a new home |
| Recent Achievement | POWER Ligaen Season 31 champions |
| Current Ranking | Around Top 60 globally, ranked 50th in VRS according to HLTV report at time of announcement |
| Immediate Impact | Loss of organizational backing, roster remains active |
What Happened to Legendary Gaming Group and Tricked?
Tricked returned to the professional CS2 scene in 2025 under the ownership of Legendary Gaming Group. Less than a year and a half later, the organization found itself facing bankruptcy proceedings.
According to HLTV, Legendary Gaming Group, the company created to operate and revive the Tricked brand, is in the process of filing for bankruptcy. The company was founded by former Danish football star Nicklas Bendtner, original Tricked founder Morten "Phy" Jensen, and entrepreneur Atle Stehouwer.
The bankruptcy affects the organization behind Tricked rather than the active player roster itself.
Following the news, Tricked coach Allan "Rejin" Petersen stated publicly that the players intend to continue competing together despite the organization's collapse. He described the recent period as turbulent but emphasized confidence in the roster's future and ongoing search for a new organization.
The announcement means Tricked could temporarily operate as an unsigned lineup while maintaining participation in upcoming competitions.
Background: How Legendary Gaming Group Revived Tricked
Tricked was one of Denmark's most recognizable Counter-Strike brands during the late CS:GO era before operations ceased in 2023.
In early 2025, the organization returned under the ownership of Legendary Gaming Group, which sought to re-establish the brand within the modern CS2 ecosystem. The relaunch included notable Danish talent and eventually evolved into the current lineup.
Throughout 2025 and early 2026, the project showed signs of progress:
Victory at Gamebox Masters 2025.
Significant improvement in ranking position.
Strong domestic performances.
Competitive results against established European opposition.
However, the business challenges affecting Legendary Gaming Group ultimately overshadowed the team's competitive development.
HLTV Confirmed regularly covers major developments in professional Counter-Strike, including roster moves, organizations' financial challenges, and the overall state of the European competitive scene.
Why This Matters
The collapse of Legendary Gaming Group is significant for several reasons:
1. Tricked Was Building Momentum
The roster recently won POWER Ligaen Season 31 and delivered respectable results in regional events. Losing organizational support during an upward trajectory creates uncertainty regarding salaries, bootcamps, travel funding, and tournament participation.
2. Denmark Risks Losing Another Established Brand
Tricked has historically been an important stepping stone for Danish talent. Another organizational shutdown highlights the financial pressures facing mid-tier esports organizations.
3. The Players Become Free-Agent Candidates
If no buyer or replacement organization emerges quickly, the roster could attract interest from organizations looking for a ready-made lineup already competing within the European circuit.
Timeline of Events
| Date | Event |
|---|---|
| April 2023 | Original Tricked operations cease following bankruptcy proceedings |
| February 2025 | Tricked brand revived under Legendary Gaming Group |
| 2025 | Team records major progress including Gamebox Masters success |
| March 2026 | Tricked wins POWER Ligaen Season 31 |
| May 2026 | Team reaches notable placements at European events |
| June 2026 | Legendary Gaming Group reportedly begins bankruptcy process |
| June 2026 | Rejin confirms roster intends to remain together |
Current Tricked Roster
| Player | Nationality | Status |
|---|---|---|
| Oliver "IceBerg" Berg | Denmark | Active |
| Jason "salazar" Salazar | Denmark | Active |
| Jamie "leakz" Bugge West Jensen | Denmark | Active |
| Jonas "Boye" Boye Østergaard | Denmark | Active |
| Nicky "NickyB" Bruhn | Denmark | Active |
| Allan "Rejin" Petersen | Denmark | Coach |
Key Details Table
| Category | Information |
|---|---|
| Organization | Legendary Gaming Group |
| Bankruptcy Status | Reported as entering bankruptcy proceedings |
| Team Affected | Tricked CS2 |
| Secondary Business Impact | New Breed Agency also reportedly filing for bankruptcy |
| Tournament Operations | Future Parken Challenger Championship events canceled |
| Team Position | Staying together |
| New Organization Search | Active |
Impact Analysis
Competitive Impact
From a purely competitive standpoint, the biggest positive is roster continuity.
Many teams facing organizational collapse immediately experience player departures. That has not happened here. Instead, the lineup appears committed to maintaining stability while searching for a new organization.
Financial Impact
Potential concerns include:
Salary uncertainty.
Reduced operational support.
Travel and bootcamp funding.
Sponsorship disruptions.
None of these impacts have been officially detailed, but such challenges commonly accompany organizational insolvency.
Tournament Impact
No tournament withdrawals have been announced.
As of publication, the roster appears intent on continuing competition under the Tricked banner or as a free-agent lineup until a new organization is secured.
What Changes Now?
Despite Legendary Gaming Group's financial troubles, the Tricked players have confirmed their intention to stay together as a full roster and continue searching for a new organization.
Immediately following the bankruptcy news:
Tricked loses backing from Legendary Gaming Group.
The active roster remains intact.
Management structure could change.
New ownership or acquisition possibilities emerge.
Players may receive offers from other organizations.
The biggest short-term objective will likely be preserving roster stability ahead of future LAN events.
What to Watch Next
Potential New Organization
The most important development will be whether another esports organization signs the roster before upcoming tournaments.
Roster Stability
Any departures would significantly alter the team's trajectory.
Upcoming LAN Events
Coach Rejin specifically referenced an upcoming LAN event as an opportunity to prove the roster's value to potential organizations.
Future of the Tricked Brand
It remains unclear whether the Tricked name itself can survive independently of Legendary Gaming Group's bankruptcy proceedings.
Historical Comparison
This is not the first time the Tricked brand has faced existential challenges.
The organization previously ceased operations in 2023 before being revived under new ownership in 2025. The latest bankruptcy therefore represents the second major organizational crisis surrounding the brand in just three years.
Unlike the 2023 shutdown, however, the current roster already appears committed to staying together, potentially improving its chances of surviving the transition.
FAQ
Is Tricked disbanding?
No. According to coach Allan "Rejin" Petersen, the roster intends to remain together and continue competing while searching for a new organization.
What happened to Legendary Gaming Group?
Legendary Gaming Group is reportedly entering bankruptcy proceedings, according to HLTV.
Will the players become free agents?
The roster is actively looking for a new organization. Their exact contractual status has not been publicly detailed.
Who owns Tricked now?
The ownership situation may be affected by the bankruptcy process. No official successor organization has been announced.
Has Tricked faced bankruptcy issues before?
Yes. The original organization ceased operations in 2023 before being revived under new ownership in 2025.
Related News
