The possible move, which would signal the biggest change in sports advertising since the promotion of tobacco was banned, has been praised by MPs and campaigners amid fears that sports stars are ‘walking billboards’ for betting firms. With the millions rolling in to companies such as Bet365, will the industry find its own moral compass any time soon? Pictured; Chief Operating Officer Denise Coates and CEO John Coates – whose father founded Bet365.com And last year research showed the biggest gambling operators were targeting children with their favourite cartoon and storybook characters.
Three per cent had also made bets online using their own money. Newcastle will play in the Champions League next season for the first time in 20 years after finishing fourth in the league in their first full season since the PIF-led takeover, which was rubber-stamped in October 2021. ‘Most clubs agree with the general principle, but the timing is wrong.’ ‘This comes at the worst possible time for football clubs and sports clubs generally, who are struggling with their revenue base during the pandemic,’ it said.
June 10 (Reuters) – Newcastle United signed a multi-year shirt sponsorship deal on Friday with a Saudi Arabian company linked to the club’s owners, an agreement which may be scrutinised under the Premier League’s rules on associated party transactions. The ban was lifted two months later, but the league said such will be subject to scrutiny from an independent panel to ensure they reflect a “fair market value” and are not a means of distorting revenue to allow for greater spending under Financial Fair Play rules.
‘Banning gambling logos on sportswear would be a welcome step, but given the risks presented by gambling the government will need to deal with this issue more widely. A complete ban on gambling advertising is long overdue and this should be brought forward ahead of the upcoming gambling review.’ British media reported Newcastle’s deal with events company Sela was worth 25 million pounds ($31. When you have almost any queries with regards to where by in addition to the way to employ สมัครfun88, you are able to email us with our own page. 42 million) annually.
Sela will replace Chinese gambling firm Fun88 on the front of Newcastle’s match day shirts. The watchdog said the changes would make it quicker and easier to take action over breaches such as misleading promotions and bonus offers, as well as unreasonable restrictions on withdrawals of winnings. Sir Iain Duncan Smith, a senior figure in the all-party parliamentary group on gambling harm, said a crackdown on shirt logos was a positive move, but urged the Government to go further and ban advertising from the industry completely.
No decisions have been taken.’ We are determined to tackle problem gambling in all its forms. ‘We are undertaking a comprehensive review of gambling laws to make sure they are fit for the digital age. Gambling advertisements are already allowed during live sporting events, so kids think that half-time during the football is all about putting a bet on who’s next to score. Nine teams in the Premier League are sponsored by gambling companies, the names of Fun88, Betway and Dafabet emblazoned on the shirts of children’s heroes.
No doubt, the tax receipts encourage them to turn a blind eye — but a responsible government would recognise that online gambling comes with massive costs, too.