Plans to ban TV betting advertising have continued to receive intense criticism from a section of sports bodies who say that the ban is not only illegal but also in contravention of the country’s constitution.
The proposed ban mainly targets live sports events, which the bodies claim if banned, the entire sports sector will have no meaning at all and is likely to lose the necessary funding that achieved through sports advertising.
Media houses, as well as daily newspapers, also make real money online casino gambling sites a fortune whenever various teams decide to advertise their events on TV.
Speaking to the press after the proposal is Mr. Speed. Malcolm Speed, a member of the group called Coalition of Major and Professional Sports, said that if the ban affected, there will be plenty of adverse effects on media rights to air or run adverts.
He argued that although the press regulated in Australia, the sector acts with professionalism and is by far independent and so it should remain to be.
Currently, no TV or media that is allowed to run an advert on sports betting when it is certain that children would be watching television with their parents.
However, there is also no clear law that governs the number of adverts on sports betting that will be shown on television when it is clear that children have slept.
Besides, there is also no law that talks on some adverts a TV can run during live sports events. That one has been left to individual media houses to decide. See how Australia Is The Biggest Loser As Worldwide Gambling Wins Hit $385 Billion.
Things are however bound to change in a few days to come if parliament approves what has been seen by many as a law with impunity, which if passed, will bring to an end to TV advertising.
Next week Australian residents will know whether or not they will be viewing an ad about their favorite team run on TV during a time the match played live.
Australia Casinos & Bookies Support The Ban
Surprisingly, online bookies and the Australia casino resorts are so much behind the proposal saying that is a good thing. They base their argument on the fact that they lose a lot of money to bettors who wait until almost the last minute of the final whistle after seeing the ‘wave’ of the match to place a bet. That way, many bettors are likely to place as many bets as possible, and they are likely to emerge luckily.
Responsible Wagering Australia has also said that it is supporting the proposal. Through their spokesman, RWA said, “For a long time we’ve felt that there’s too much TV advertising. It is high time to stop this mess.”