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Betting Firms And Broadcasters Oppose Daytime Ban on Gambling Ads

Betting Firms And Broadcasters Oppose Daytime Ban on Gambling Ads

UK betting firms and broadcasters have come out against a proposed ban on gambling adverts on daytime TV.

The plans came as figures revealed that gambling firms’ have more than doubled their spending on TV advertising since 2012, reaching £162 million this year. The government is thought to be including gambling adverts in an imminent review of the industry that will also be looking at fixed odds betting terminals.

When news of the review broke the effects were immediate with shares in ITV, Ladbrokes and William Hill falling. The Remote Gambling Association, comprised of groups such as William Hill, Ladbrokes and Paddy Power, has said that there is no need for a review after the Department of Culture Media and Sport concluded last year that there was no need for a ban on daytime TV ads.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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