BILLIARD WORLD NEWS UK Gambling ad ban could kill sports like Snooker or Darts 4 weeks ago Szarlot Post Views: 142 The UK’s proposed gambling reforms pose an existential threat to certain sports, the government has been warned. A likely ban on gambling advertising around sporting events represented the greatest crisis to idiosyncratically British pro sports like snooker and darts since the prohibition of tobacco advertising, industry leaders said. It would also impact soccer, boxing, and rugby league. Meanwhile, proposed “affordability checks” for gamblers who lose more than $100 in a month would hit horse racing by $100 million per year. One racing industry figure said this week that the threat of affordability checks was more worrying for the industry than the financial impact of COVID-19. Tightening Controls The government’s Department for Digital, Culture, Media and Sport (DCMS) began its long-awaited review of the country’s gambling laws on December 8, 15 years after the last major shakeup. The 2005 Gambling Act liberalized much of the market and relaxed restrictions around gambling advertising on television. But campaigners believe the 2005 legislation went too far, and have called for tighter regulatory controls to combat problem gambling. The nation’s betting industry is experiencing a backlash from the public and the media, and lawmakers say they want to ensure rules are “fit for the digital age.” Sources have told several media outlets that there is a real appetite in the DCMS to ban gambling advertising and sponsorship in sports. Half of English Premier League teams and 16 out of the 24 second-tier Championship teams had betting companies as shirt sponsors last season. Many feel it has reached a saturation point, and that it normalizes gambling to children. How Betting Saved Snooker But Barry Hearn, founder and chairman of Matchroom Sports, which promotes boxing, snooker, and darts, told The Daily Telegraph today that a blanket ad ban would be “a disaster for every layer of sport (sic).” Hearn knows only too well the damage the sudden cessation of sponsorship money can wreak on a sport. In 2005, the ban on tobacco sponsorship drained the prize money out of snooker, making the game uneconomical for its players. The crisis was brief. By 2007, the sport had been saved by newly legalized gambling sponsorship. Meanwhile, a ban on logos on soccer jersey sponsorships would likely hurt smaller teams the most. That at a time when the pandemic has already exerted immense financial pressure on the lower leagues. “This comes at the worst possible time for football clubs and sports clubs generally, who are struggling with their revenue base during the pandemic. Most clubs agree with the general principle. But the timing is wrong.” – an EPL source told The Times. It is thought that the implementation of any such move would be delayed by several years to give teams the opportunity to seek alternative sponsorship deals. Source: casino.org SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: darts, snooker, UK Continue Reading Previous Evoplay Entertainment signs igaming deal with EveryMatrixNext ICE London, iGB Affiliate London postponed to February 2022 More Stories WORLD NEWS Macau Casino stocks rise on lifting of quarantine for last China regions 1 day ago Iwo Bulski WORLD NEWS NOVOMATIC’s THUNDERCASH™ Link wins SAGSE Award 1 day ago Iwo Bulski BETTING WORLD NEWS England’s betting shops to open in April 3 days ago Szarlot BILLIARD Why Aramith billiard balls make the difference 5 days ago Iwo Bulski CASINO WORLD NEWS COVID-19 drives US commercial gaming revenue down 31% in 2020 5 days ago Iwo Bulski Uncategorized WORLD NEWS Synot Open New Showroom In Ukraine 1 week ago Iwo Bulski ONLINE WORLD NEWS Pragmatic Play launches its biggest promotional series ever 2 weeks ago Iwo Bulski ONLINE WORLD NEWS TVBET enters Asia market via Alavara Digital partnership 2 weeks ago Szarlot CASINO WORLD NEWS Italian demonstrations by representatives of the gambling industry 2 weeks ago Iwo Bulski HISTORY WORLD NEWS What do we know about Ancient gambling? 2 weeks ago Fahad Luyzburg ONLINE WORLD NEWS GREENTUBE acquires esports platform provider HERO 2 weeks ago Iwo Bulski ONLINE WORLD NEWS BtoBet names new COO and Managing Director 3 weeks ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed.