Football clubs to lose £110m if betting firms banned from shirts

In the 2020/21 season, Leeds United are sponsored by SBOTOP, a deal reportedly worth £6.5m a year. Fulham are sponsored by BetVictor. When you have just about any issues with regards to where by and also tips on how to use สล็อต fun88, you are able to e-mail us with the page. Southampton are sponsored by sportsbet.io after their £7.5m-a-year deal with LD Sports collapsed. for an undisclosed sum. The club’s  previous shirt sponsor paid £3m annually. The Gambling Commission – the industry regulator – will also be given new powers and additional funding, while a new ombudsman will strengthen customers’ rights if gambling companies fail to be socially responsible.

Plans for a levy on the gambling industry to fund research into addiction and treatment for it have also been axed. Nearly half the clubs last season were sponsored by gambling companies, including Newcastle and West Ham. In fact, only three Premier League teams – Liverpool, Chelsea and Sheffield United – are believed to have no commercial tie-in with gambling, according to the betting odds website, The Punter’s Page.  Some of those clubs that don’t have logos on their kit still partner with betting companies.

The Government says online revenues could fall by more than £700million as a result of the new rules. Regulations for bricks-and-mortar casinos will be relaxed to level the playing field with online rivals. For example, high street casinos will be allowed to install up to 80 gaming machines – up from the current 20. The long-awaited review of the 2005 Gambling Act aims to update legislation to provide greater consumer protection in the digital age, which has seen the losses of punters rocket to £14.4 billion per year in 2019.

NHS is hiding the true scale of deaths caused by… Approaching menopause and depressed? The lazy map of the world: Laziest 20 nations are named and… ‘I can’t have cancer, I’m a nurse’: Single mother, 32, goes… 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. “The announcement follows an extensive consultation involving the league, its clubs and the Department for Culture, Media and Sport as part of the Government’s ongoing review of current gambling legislation.

The report added that sleeve deals are still permitted. According to a report in The Times, ministers have signalled that the white paper will not include shirt sponsorship restrictions if the voluntary agreement was reached. Earlier this year, a House of Lords Select Committee on gambling recommended that not only should shirt sponsorship be banned by 2023, but ‘there should also be no gambling advertising in or near any sports grounds or sports venues’. ‘I hope Ministers will focus in with laser-like precision on problem gamblers and those at risk.

The Government must ensure that any changes do not drive people to the unregulated black market online, where there aren’t any safeguards to protect vulnerable people.’ “The vast majority of adults gamble safely but we have to recognise that footballers are role models who have enormous influence on young people. We want to work with institutions like the Premier League to do the right thing for young fans,” Frazer said.