Ireland Looking Into Banning All Gambling Advertising
The issue of gambling companies advertising on public channels is a heated one with various approaches being adopted by governments. The much talked about ban by the Italian government on gambling adverts has led to a debate as to how best approach the problem of irresponsible gambling adverts.
Paddy Power Betfair have just announced their Q2 profits which increased by 4% and are certainly a good example of how important gambling ads are for their overall revenues.
Ireland is the latest country to consider banning gambling advertising as President Michael Higgins looks to protect the “ integrity” of the sport in the republic. This has led to Paddy Power Betfair CEO Peter Jackson questioning the proposal for a blanket ban on advertising.
He insists that other methods should be considered when looking for ways to tackle the issue of problem gambling. Like many President Higgins believes that by banning ads from live sports broadcasts would help the overall problem of gambling in Ireland.
Jackson on the other hand is aware of the necessity to address problem gambling but is not convinced that an outright bands is necessarily the right answer. He went on to say that they’d like to see progress on the gambling bill and “ will operate within the framework that’s put in place- that countries and politicians decide. “ He also added that Paddy Power Betfair have been very good in supporting of responsible gambling in Ireland.