Connect with us
SIS

Latest News

Agreement reached on ‘whistle-to-whistle’ ban on TV ads during sports matches in Britain

Niji Ng

Published

on

Agreement reached on ‘whistle-to-whistle’ ban on TV ads during sports matches in Britain
Photo Source: v12data.com
Reading Time: 1 minute

 

The gambling companies in Britain have accepted a blanket ban on TV advertising during live sports matches.

The ban is total. There will not be any gambling ad on TV during a certain period that starts a defined time before the game’s start tilled a defined time after the end of the match. The ban will be applicable to all matches that start before 9 pm.

Horse racing has been exempted from the ban. All the major betting houses, Bet365, Ladbrokes, Paddy Power, William Hill, Sky Bet, Betfred, Betfair, Stan James and Gala Coral—which together make up the Remote Gambling Association (RGA)—gave their nod to the ban as political pressure mounts around the amount of gambling advertisements on TV.

During the World Cup earlier this year, over 90 minutes of betting adverts were broadcasted on British TV. Anti-gambling campaigners say the amount of gambling ads on TV “normalises” betting. A report by the Gambling Commission suggests around 430,000 Brits are addicted to gambling. Of those, around 25,000 are 16 or under.

The Labour Party called for a similar ban in September, with deputy leader Tom Watson calling gambling “a public health emergency.”

It also proposed blocking the use of credit cards to pay for bets and introducing a levy on gambling operators to help pay for addiction treatment.

The ban on TV advertising must be ratified by the Industry Group for Responsible Gambling before coming into force, but this is reportedly a formality. It is expected to hit football hardest. There are currently multiple gambling adverts promoting in-play betting during half-time of every televised game. Almost 60 per cent of Premier League and Championship clubs currently have a betting firm as their shirt sponsor.

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

Continue Reading
Advertisement
Comments

Gambling in the USA

DC inches towards legalising sports betting

Niji Ng

Published

on

By

DC inches towards legalising sports betting
Image Source: Bitcoinist.com
Reading Time: 1 minute

 

The council of District of Columbia (DC) has moved further closer to the realisation of the bill that would make sports betting legalised in the state. The second and final vote on the “Sports Wagering Lottery Amendment Act of 2018” is expected to be held in the December 18 legislative session.

The DC council decides to move quickly as the neighbouring states, such as Maryland and Virginia, are seen as moving fast.

However, David Grosso, one of the members of the council that voted against the bill, said that it is possible that they are moving too fast: “This rush to make D.C. the first jurisdiction in the region to legalise sports betting gives me great pause as we do not fully understand the impact it will have on our communities.”

The bill establishes two categories of licences, one for establishments such as restaurants and bars, and one for major sports stadiums in city limits. Another member of the Council said that he expects to have a sports betting market ready to start for the 2019 baseball season.

Continue Reading

Africa

Chandler to tap Kenyan market

Niji Ng

Published

on

By

Chandler to tap Kenyan market
Reading Time: 1 minute

 

Victor Chandler (67), the veteran gambling entrepreneur who founded BetVictor, is setting his eyes on the Kenyan market. His African betting business wing BetLion is targeting Kenya and Tanzania for potential expansion.

The company is already working on online betting project with FSBTech in Uganda.

Kenya and Tanzania are the next targets. BetLion will face strong competition in the Kenya market. There are 36 licensed operators are currently active in the country.

Continue Reading

Latest News

Russia to make self-regulatory organisations defunct

Niji Ng

Published

on

By

Russia to make self-regulatory organisations defunct
Reading Time: 1 minute

 

Russia’s Ministry of Economic Development has decided to abolish the three self-regulatory organisations (SROs) in the country, recent media reports suggest. The SROs represent licensed bookmakers’ interests. The ministry is of the view that these organisations are duplicating functions of the Federal Tax Service (FTS).

The First SRO of Russian Bookmakers and the Bookmakers SRO were started some years back to help bookmakers prepare the ground for Russia’s licensed online sports betting regime. The SROs each run centralised online payment hubs, known as TSUPIS, which is obligatory for all betting payments and allows the government to monitor all online activity.

According to a proposed new bill, bookmakers can receive online bets from players who have been identified in the centre of online bets control. The new legislation also allows centre to simplify the identification of gambler. The bill also establishes standards for licensing control of bookmakers.

There are industry stakeholders who see the move with suspicion. According to Nikolai Oganezov, chairman of a bookmaking subcommittee of Russia’s Chamber of Commerce and Industry, the abolishment of SROs may bring chaos to the legal bookmakers market.

Russia currently has 16 licensed online betting operators. Recently Betting Business Russia has published a ranking of online traffic for the most visited betting websites in Russia.

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.