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Aussie Tv Stations Need Gambling Ad Dollars
Monday May 27,2013 : AUSSIE TV INDUSTRY NEEDS BETTING ADVERTISING DOLLARS SAYS MINISTER
Now NSW ban on jersey, stadium and venue signage being considered
As the industry chews over the latest limits proposed by the Australian Government on live-odds during TV sports, Communications Minister Stephen Conroy has come out saying the industry cannot afford to lose the estimated A$40 million per annum ad spend from betting companies as the debate over a total advertising ban continues.
Federal Parliament gambling antagonists that include Senator Nick Xenophon, Labour MP Stephen Jones and the Greens believe the Government has not gone far enough with the spruiking of odds ban and that it should have banned gambling advertisements during children’s television viewing time. "I retain my concerns and I'll be perusing them with the Prime Minister today [Monday] and my caucus colleagues over the course of the week,'' Jones told Fairfax Media.
Steve Allen, managing director of Fusion Strategy, an advertising market analytics firm, said the latest ban may reduce ad spend by as much as A$10 million.
Gambling firm advertising on player jerseys, venue signage and stadium naming rights are reportedly also under review by the New South Wales' State Government reports The Brisbane Times with Gaming Minister George Souris saying measures were under consideration to address "gaping holes" left by the Federal Government's initiative as generic gambling advertisements would still be allowed during half and quarter-time breaks. ''I do not believe it is enough to only ban live odds spruiking during broadcasts, but allow generic advertisements for corporate bookies during breaks in those broadcasts. I am calling for a total ban.''
Souris used the spotlight to additionally call for tough action on internet gambling describing it as an "even greater scourge, as there is almost no oversight whatsoever leaving adolescents and children vulnerable".
But the prospect of further restrictions on advertising isn't sitting well with Panthers Group chief executive Warren Wilson as National Rugby League Club Penrith Panthers assigned stadium naming rights to Centrebet for $1.5 million in a deal that runs to the end of 2015. ''That's straight out of my pocket, the Panthers' pocket, the first day they bring that rule in,'' Wilson said. ''What are they giving me in compensation? Nothing. All they are doing is allowing offshore betting companies to bet on my product here and not get me a percentage.''
A quick poll run by The Brisbane Times Monday asking for votes on whether the Federal Government's restrictions on sports betting go far enough revealed 11 percent of a total 2268 respondents responding Yes, 84 percent saying No and 5 percent not sure.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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