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MoneyGambling firms’ shares dive after ‘TV betting ad ban agreed’

21:40  06 december  2018
21:40  06 december  2018 Source:   msn.com

Week 12 NFL odds, betting trends, expert gambling advice

Week 12 NFL odds, betting trends, expert gambling advice BetQL expert Bennett Bedford breaks down the Week 12 NFL odds and betting trends from four key games, including line movement, against-the spread records, over/unders, and more. Consider this must-read gambling advice before playing your bets on any underdogs or favorites.

Betting firms and broadcasters have made an offer to the government to fund an £8m addiction awareness campaign, in a move Labour warned “There must be no stitch-up to help the gambling industry avoid tighter restrictions on advertising ,” said Watson, who has called for a ban on football

Share on Twitter. Share via Email. “Shirt sponsorship sends out a message that football clubs don’t take problem gambling among their own fans seriously enough. She pointed to the harsher regime in Australia, where gambling adverts were recently banned during sports events shown before the

Gambling firms’ shares dive after ‘TV betting ad ban agreed’ © Getty Gambling firms' shares have dived following an announcement on banning ads during live sport

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Shares in gambling firms have taken a hammering after the biggest bookies reportedly agreed to a ban on adverts during live sports broadcasts.

Ladbrokes-Coral owner GVC tumbled 5% and 888 Holdings sank 4%, while Paddy Power Betfair and William Hill were also 3% lower amid fears their earnings would take a knock from the ban.

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The ban is aimed at reducing children's exposure to betting ads and will apply from five minutes before the start of play to five minutes after the final siren. TV stations and the nation's major sporting codes had been attempting to secure permission to be able to broadcast gambling ads every two hours

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The sell-off came after BBC Sport reported the Remote Gambling Association – which includes Bet365, Ladbrokes and Paddy Power among others – struck a deal to agree a “whistle-to-whistle” TV advertising ban.

The move follows political pressure about the amount of betting advertising on television, with more than 90 minutes of adverts shown during the football World Cup last summer.

Is is understood the deal will ensure no adverts will be broadcast for a defined period before and after a game is broadcast.

It will reportedly include any game that starts prior to the 9pm watershed but ends after that time. Gambling firms’ shares dive after ‘TV betting ad ban agreed’ © John Stillwell Shares in gambling firms have taken a hammering (John Stillwell/PA)

Russ Mould, investment director at AJ Bell, said: “Investors are clearly betting that earnings will be hit.”

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GAMBLING firms face a ban on daytime TV advertising in a fresh crackdown on the betting The revelation has triggered the government review into fixed-odds betting terminals to include TV ads . Out of luck gambling firms face ban on advertising on daytime TV . It comes as the proportion of

Labour says it would ban gambling firms from advertising on football shirts if it came to power. The party's deputy leader Tom Watson said "It puts gambling brands in front of fans of all ages, not just at matches but on broadcasts and highlights packages on both commercial television and the BBC."

Brokerage Davy Research reportedly estimates that Paddy Power and GVC both spend between £40 million and £50 million a year on TV advertising.

It is said the impact of the ban will be mostly felt in football given the financial value of the sport to both the gambling companies and broadcasters.

But it is understood that horse racing will be exempt from the restrictions because of the commercial importance of gambling on its viability, while all other sports will be included.

It is expected the final ratification of the TV ban is needed from the

Industry Group for Responsible Gambling before coming into force, though the ban could still come into place as early as this month or at the start of 2019.

The move comes after a tough past year for the gambling sector, which is set to see earnings already affected by the Government’s crackdown on fixed-odds betting terminals.

It will limit the maximum stake to just £2 from £100, which will take effect in October next year.

Week 15 NFL odds, betting trends, expert gambling advice.
Bennett Bedford from BetQL highlights Week 15 NFL odds and betting trends from four key games. Get all the important numbers, including line movement, over/unders, against-the spread records, and more prior to placing your bets.

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