Unibet
Money Back Up To £40 Terms & Conditions
Sportingbet
Get up to £50 in Free Bets Terms & Conditions
William Hill
Bet €10 Get €30 Terms & Conditions
Betway
Get £10 in Free Bets Terms & Conditions
Online Bookmakers News The Government may impose a ban on offshore betting firms sponsoring UK football shirts

The Government may impose a ban on offshore betting firms sponsoring UK football shirts

Author: Yan Zhylinski

Ministers in the United Kingdom are on the final process of reforming gambling laws and are expected to unveil their proposals in the coming weeks, with an outright ban on betting company logos that appear on football shirts. The ministers aim at what they say is closing the “loophole” as part of gambling law reforms in the region.

The Government may impose a ban on offshore betting firms sponsoring UK football shirts

According to the ministers, the “loophole” allows offshore operators to advertise on Scottish and English football pitchside hoardings and teams’ shirts and according to them, they may soon pass a bill to scrap all of this as part of the plan by the government to reduce or minimize gambling’s hold on the game. This is something that offshore bookmakers fear will reduce part of their revenues.

The ministers are also heavily considering going beyond and above shirt sponsorships by going ahead and taking aim at the controversial “white label” system that overseas betting firms, especially those from Asia, China, and Thailand use to strike some of the most lucrative sponsorship deals. Such bookmakers can gain easy access to Scottish and English football via partnerships with small firms that hold a British Gambling license, a requirement for operators that want to advertise in the UK.

Ministers in the United Kingdom have raised concerns regarding the lack of transparency over who own the firms displayed on the shirts of almost all football clubs and how those companies undertake their operations. Currently, 9 of the 20 EPL clubs have betting firms as their shirt sponsors. Should the bill be passed, offshore bookmakers that sponsor teams’ shirt may be forced to look elsewhere for advertising. Even though everything appears calm right now, many –especially bookies that sponsor teams- are waiting to see if the bill will pass or not.

Published: 10/19/2021

Leave a comment

Send a message
Top 5 Bookmakers
Betway
Betway 5/5
Bonus
Get £10 in Free Bets
William Hill
William Hill 5/5
Bonus
Bet €10 Get €30
Unibet
Unibet 5/5
Bonus
Money Back Up To £40
Sportingbet
Sportingbet 5/5
Bonus
Get up to £50 in Free Bets
Marathonbet
Marathonbet 5/5
Bonus
£20 Free Bet

Related Posts

DISNEY CEO ACKNOWLEDGES ‘NOTEWORTHY’ SPORTS BETTING OPPORTUNITY
12/15/2021

Bob Chapek, Disney CEO has admitted that ESPN, its broadcasting platform is the ‘ideal’ place for sports wagering and as such, Disney has a ‘very significant opportunity’...

Codere Set to Become Real Madrid’s Official Bookmaker for 5 Seasons
10/19/2021

Codere, one of the leading multinational companies operating across the private gaming sector, boasting more than 40 years of experience in the industry, recently signed an extension of its...

BetUs Bookmaker Teams Up With Coinify For Fast Crypto Betting Deposits
10/19/2021

BetUs is one of the biggest and the most respected online bookmaker, especially in the United States. For the most part, BetUS is a standard – albeit top-tier – legal online sports...

The Government may impose a ban on offshore betting firms sponsoring UK football shirts
10/19/2021

Ministers in the United Kingdom are on the final process of reforming gambling laws and are expected to unveil their proposals in the coming weeks, with an outright ban on betting company logos that...

Ladbrokes owner shares high revenues amid takeover approach
10/19/2021

Ladbrokes, one of the most profitable bookmakers may soon fall under the ownership of US-based bookmaker, DraftKings. Last month, the firm, which also owns online sports betting brand Coral, was the...

Inside Africa’s Burgeoning Online Sports Betting Industry
10/19/2021

Generally, the African economies are on the rise, having had consistent and somewhat rapid development for the previous quarter-century, interrupted only by the negative impacts of coronavirus. The...

DraftKings make Investments in Vivid Seats SPAC with Boehly Cutting Stakes
10/19/2021

DraftKings, one of the biggest and respected bookmakers in the US have made an undisclosed investment in Horizon Acquisition Corp., a bank-check firm that’s expected to begin trading as Vivid...

Live
Live
News

DISNEY CEO ACKNOWLEDGES ‘NOTEWORTHY’ SPORTS BETTING OPPORTUNITY

2021-12-15 18:00
News

Codere Set to Become Real Madrid’s Official Bookmaker for 5 Seasons

2021-10-19 18:00
News

BetUs Bookmaker Teams Up With Coinify For Fast Crypto Betting Deposits

2021-10-19 18:00
News

The Government may impose a ban on offshore betting firms sponsoring UK football shirts

2021-10-19 18:00
Bonus 100% Up to 122€!
Bonus
100% Up to 122€
Promo code
News

Ladbrokes owner shares high revenues amid takeover approach

2021-10-19 18:00
News

Inside Africa’s Burgeoning Online Sports Betting Industry

2021-10-19 17:00
News

DraftKings make Investments in Vivid Seats SPAC with Boehly Cutting Stakes

2021-10-19 17:00
Sports betting

Kolkata Knight Riders v Rajasthan Royals Odds and Predictions

2021-10-11 16:00