Home> US News> Officials in the Australian sports industry have rejected proposals to improve the regulation of online gambling.

Officials in the Australian sports industry have rejected proposals to improve the regulation of online gambling.

12-21 2022 casino news

Officials in the Australian sports industry have rejected proposals to improve the regulation of online gambling.

The most powerful sports officials in Australia have rejected claims that there is a growing need for better regulation of online gambling, despite the fact that a few of Australia's largest clubs and well-known athletes have voiced concerns about the regulations that currently apply to online gambling.

The currently in place regulations are adequate:

The Coalition of Major Professional and Participation Sports (Compps), which is better known as a group of Australia's most influential sports officials such as the AFL, NRL, Tennis Australia, Rugby Australia, Football Australia, and Netball Australia, has informed a federal parliamentary inquiry that the existing advertising and broadcast restrictions and regulations are sufficient when combined with the action of individual sports authorities.

'The existing arrangements strike the right balance between the public interest in watching sport without excessive references to gambling and live odds or undue exposure of viewers including children to gambling promotion and the right of betting operators to advertise their products in a socially responsible manner,' said Jo Setright, executive director of policy at Compps', in a submission to the inquiry. 'The existing arrangements strike the right balance between the public interest in watching sport without excessive references to gambling and live odds or undue exposure of viewers including children to gambling

'Any measures that impact the advertising revenue model for broadcasters may have an effect on the value of sports' media rights, which [our] members use to fund their grassroots and game development and other programs.'

On the other hand, the chair of the parliamentary inquiry, Labor MP Peta Murphy, stated that the statement made by Compps was not in line with the sentiment of the community.

'That does not get along well with the clear sentiment of the community, and it does not gel well with some of the evidence we are receiving from experts about the increasing gambling and the increasing gambling harm.' Evidently, the committee is interested in questioning that position together with them and providing them with the opportunity to speak to it. '#8221; The following is the reason why the current regulations on gambling are insufficient:

A few organizations representing athletes and clubs have voiced their dissatisfaction and concern over the pervasiveness of advertisements for gambling over the course of the last few months.

Their primary concern is the growing acceptance of betting as a natural and necessary component of sporting events. In order to show their support for this initiative, the NRL clubs South Sydney Rabbitohs and Canterbury Bulldogs have made the public announcement that they will prohibit the advertising of gambling on ground signs and large screens, and they will also divest themselves from the sponsorship of all club jerseys.

Rabbitohs chief executive Blake Solly declined to comment on the Compps statement, referring questions about the matter to the NRL. However, he did say the following: “The club remains committed to supporting the Reclaim the Game campaign, which aims to lessen the amount of exposure that the community gets to advertising for sports betting. ” In addition, Melbourne ruckman and former Collingwood star Brodie Grundy expressed concern about the exposure of young AFL fans to advertisements for gambling, saying, “The situation is concerning.” “The inquiry revenue generated by wagering partnerships allowed governing bodies to fund their integrity units and other "operational priorities,"” said Setright in this context. It is important that any review of the regulations governing online gambling recognizes the need for such funding to continue in order to support the maintenance of the sports' integrity protection programs and, where necessary, strengthen them.

Considerations related to the prohibition of gambling advertisements:

According to information provided by the Victorian Responsible Gambling Foundation in 2021, the typical number of gambling advertisements shown on free-to-air television in Victoria each day was 948.

Problem gamblers more than doubled between 2011 and 2019, going from 0.6 percent of the population to 1.23 percent of the population. Australia has the highest number of gambling losses of any country in the world, amounting to approximately $1,276 per person per year.

The federal government announced their intention to require all gambling companies to replace the slogan "gamble responsibly" on their advertisements with one of six new warnings such as "Chances are you're about to lose." This announcement came about one month ago.

David Littleproud, the leader of the Nationals, has indicated that he is on board with these plans by stating that "A complete ban on gambling advertisements should be considered."

'We need to have a conversation about whether or not gambling ads should be on at all, especially given the fact that children are frequently watching sports or families are gathered together to support their favorite team when the betting ads come on,'

Recommended Stories