Responsible marketing standards for sports betting ads introduced by gambling advocacy group
During the last year World Cup, United Kingdom was bombarded by sports gambling advertisement. Guardian study finds out that of every six commercials aired during ITV’s coverage of the first 30 games, one was pitched by a sports betting company.
This was a loophole in the advertising laws of the country. There was concern about how much of this advertisement before 9 pm was being consumed by the young children.
Ironically the Industry Group for Responsible Gambling an association for online gambling companies located in the UK voluntary banned sports events advertisements
A ban was implemented on betting adverts targeting young children through cartoons.
Other nations have fallen suite on crack down on betting advertisements. For example, Australia banned gambling advertisements during live sports.
Sport Betting tips in the UK
First, open an account
There are several UK book makers you can use, including Bet365, Ladbrokes, William Hill, Stan James, and more.
British Horse racing stakeholders are initiating an action plan because the Horseracing Betting Levy Boards announced the levy income ending 31st March 2019 had dropped from 78 Euros to 17 Euros.
GVC B2B updates
FTSE100 betting group GVC Holdings has extended its B2B partnership TO CBCX a distributor and developer of betting and software. CBCX betting will continue being powered by GVC Feed, which is the betting group B2B sports trading feed.
Since 2012 GVC has been CBCX data provider in lead sports. CBCX for more than 30 years has been providing sophisticated online and retail betting solutions to business like customer cards, software systems, and handling cash through betting terminals.
United Kingdom Sport Betting
Betting industry in the United Kingdom has the most international gaming developed laws. It’s also the UK where the oldest sportsbooks began? The UK has produced the first betting exchange don’t bet against fixed-odds but wager in a betting world.
Online sports betting is legal in the UK. Sports books like William Hill and Ladbrokes have been in existence for generations.
In 1960 land based UK sports betting was legalized.
Gaming act 2005 brought in a new set of regulations.
The landscape of England is dominated by betting shops having over 9000.
Ladbrokes Coral has over 4000 betting shops.
William Hill has 2300, and Betred has 1320 shops.
Online Options in the United Kingdom
Sportsbooks like Betway, BetOnline, 888 sports, and Paddy accept real money players but only from the UK. There are nearly 500 online bookmarkers and players like William Hill, Betfred and Ladbrokes have online sports.
UK Gambling Laws in Wales, Scotland, and N. Ireland
The UK gambling laws are applied in the above countries. Land-based casino licenses were transferred from magistrates courts to municipalities during the gambling act of 2005. UK Gambling Commission is said to control all the online and remote permissions.
Gambling laws in the Republic of Ireland is different from the rules in the United Kingdom.
Casino regulation committees were formed in 2006 to oversee online and land-based casinos.