\n“We have long shared the community’s view that there is too much gambling advertising,\u201d said RWA spokesman and chief executive, the former Labor senator Stephen Conroy in an official statement. “RWA welcomes government consultation with the wagering industry, community groups, sporting organisations and broadcasters to achieve meaningful reductions in wagering advertising.\u201d<\/strong><\/p>\n<\/blockquote>\nAustralia is a competitive market where betting companies are forced to spend millions trying to out advertise one-another.<\/p>\n
Betting industry advertising spend has increased almost three-fold from approximately $119 million in the 2011 financial year to approximately $328 million in 2015 and, for the bookies, enough is enough.\u00a0 \u00a0<\/span><\/p>\nImpact on Media Rights<\/b><\/h2>\n
But sporting bodies are hopping mad. An executive at one such major body, who wished to remain nameless, told the Australian this week that a ban will drive bettors to offshore, unlicensed sites.<\/p>\n
It would not result in a reduction in gambling, he claimed, but there would be a reduction in tax dollars for state and federal governments. The ban also has the potential to \u201crob sports of product fees,\u201d the commission that sporting bodies make on each bet made through Australia-licensed betting companies. \u00a0 \u00a0<\/span><\/p>\nMalcolm Speed, the executive director of the Coalition of Major Professional and Participation Sports, which represents all of Australia\u2019s major bodies, is also vehemently opposed to the ban.<\/p>\n
\u201cWe don\u2019t support a ban on sports betting advertising, on the basis that it is likely to impact on media rights deals or the value of media rights, which is the sports\u2019 greatest asset,\u201d he said.<\/p>\n
\u201cWe operate in a highly regulated system, where there are limits on placement of sports betting advertising. The sports have co-operated with broadcasters and the government to ban live odds during matches. So any restriction or prohibition will inevitably result in lowering investment in community and participation programs, and grassroots development.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Australia\u2019s plan to ban TV gambling advertising during live sporting events was met with resistance from some of the country\u2019s sports bodies this week, who are concerned that grassroots sports will lose vital funding as a result. Betting ads are currently prohibited during children\u2019s viewing hours but there is currently no limit to the volume […]<\/p>\n","protected":false},"author":42,"featured_media":48805,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,19,1074],"tags":[],"acf":[],"yoast_head":"\n
Aussie Sporting Bodies Oppose TV Gambling Ad Ban<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n