Spain bans betting adds - no celebrities, no sport sponsorship, no daytime adds

[uneng]

Spain have their reason to do so since many young people were engaged in gambling, however there will be some indistry that may leesen their income due to this banning, it will just be a matter of how they can still attract players with ads at night only. There are other platforms to do ads as well. It can work if they can team up with the government on their implementation like setting up that players should be on legal age and some agreement terms for them to still keep their business.

Sure, Spain Government have specific reasons to do such kind of bans and I think every country will sure going to do the same thing if the vulnerable on the said issue were the young ones. But somehow these kind of bans may result to a less market strategy effectiveness of any affected gambling sites but on the other hand thinking that the one who can saw the adds are those who in legal aged are somewhat acceptable why this kind of ban were implemented.

Only traditional casinos' marketing will be prejudiced, while crypto casinos' marketing will be highly effective after a ban on gambling by the government, as the public will look for alternatives to keep betting and crypto currency seems the perfect option in this case. And actually I have noticed crypto gambling advertisements are increasing in numbers and also in quality right now.
There are so many ads banners, reviews sites, lives or videos in different platforms and promotions disponible that I believe the migration from traditional casinos to crypto ones is happening quickly than expected.

While you have traditional casinos being forbidden from contracting celebrities and sportsmen, you have crypto casinos like Stake featuring sportsmen and partnering with UFC. As we can see the decay of part of the industry is also the rising of another side. And that is a natural thing, because businessmen, celebrities and athletes won't stop profiting just because a government impose them a prohibitive regulation.

[Lucasgabd]

This is bad but gambling is one of those businesses that really don't need to advertise their service or product because they're still going to get more customers no matter what and what they lost in advertising isn't going to be that problematic. Take note that most customers of this kind of businesses that don't need advertising has a rich customer base.

key thing is: bad for who?
not for bitcointalk signature campaigns if Spain gambling business end up coming online

in the end I think its good to have some regulation on the kind of publicity we allow on media, specially for young people

Brazil could definitely benefit for having less ads about beer and alcohol...
we don't have gambling ads here

idk...

[zanezane]

Surely Spain is denying themselves tax revenue from a valid past time.  I'd rather they tax betting in some form, allow business to advertise itself and reduce the load on vital natural businesses and people from excessive taxation and government debt which every modern western country seems to have in modern times.

They're not denying tax revenue, they're just trying to lessen the exposure of gambling, and no matter what, they will still be able to take the taxes on this gambling houses no matter what because they're the government after all.

[nikola22]

They're not denying tax revenue, they're just trying to lessen the exposure of gambling, and no matter what, they will still be able to take the taxes on this gambling houses no matter what because they're the government after all.

I'm not sure that people will gamble less but the only obvious thing is the loss of money from spanish footbal clubs. and we all remember that their income due to covid is not so high.

[Maestro75]

Sports are not the only place to advertise, there’s a lot of ways now and for sure those casinos will always find a way and beside, they are spending a lot of money just for a player to wear a shirt, its time now for those casinos to become more creative in advertising. Anyway, this new rule many lessen the exposure of gambling in sports, but still they can’t prevent gamblers from betting.

We know sports is the easiest business that promotes gambling and stopping sports sponsorship and celebrities advertising gambling sites will be a big blow to gambling companies. I do not know whether to call such a decision a Lionel Messi effect and am wondering if that decision would have been in place if Messi was still in Barcelona. I do not think it would have happened.

[alegotardo]

This is bad but gambling is one of those businesses that really don't need to advertise their service or product because they're still going to get more customers no matter what and what they lost in advertising isn't going to be that problematic. Take note that most customers of this kind of businesses that don't need advertising has a rich customer base.

I disagree in parts, every business needs publicity to keep growing.
No matter how good service and no matter how large a company's customer base, it will always shrink over time.
An example that advertising is needed is in the subscription campaigns themselves here on the forum, we're at a stage where gambling advertisements dominate among the best subscription campaigns, why? because this is necessary to capture crypto gamblings players, which proves the opposite of what you said.

[Findingnemo]

Surely Spain is denying themselves tax revenue from a valid past time.  I'd rather they tax betting in some form, allow business to advertise itself and reduce the load on vital natural businesses and people from excessive taxation and government debt which every modern western country seems to have in modern times.

They're not denying tax revenue, they're just trying to lessen the exposure of gambling, and no matter what, they will still be able to take the taxes on this gambling houses no matter what because they're the government after all.

If they don't like the exposure of gambling in their country then they can put the ban hammer instead doing doing things which isn't effective at all but affect the people financially who are living in that sector.

[Lucasgabd]

They're not denying tax revenue, they're just trying to lessen the exposure of gambling, and no matter what, they will still be able to take the taxes on this gambling houses no matter what because they're the government after all.

I'm not sure that people will gamble less but the only obvious thing is the loss of money from spanish footbal clubs. and we all remember that their income due to covid is not so high.

in theory raising the price of a good will supress demand, unless it's a Veblen good like some Wine bottles, maybe bitcoin
I don't think gambling would be a Veblen good, raising its price (due to taxes or something else) will probably make it less appealing for some

don't you think?

[Hamphser]

Surely Spain is denying themselves tax revenue from a valid past time.  I'd rather they tax betting in some form, allow business to advertise itself and reduce the load on vital natural businesses and people from excessive taxation and government debt which every modern western country seems to have in modern times.

They're not denying tax revenue, they're just trying to lessen the exposure of gambling, and no matter what, they will still be able to take the taxes on this gambling houses no matter what because they're the government after all.

If they don't like the exposure of gambling in their country then they can put the ban hammer instead doing doing things which isn't effective at all but affect the people financially who are living in that sector.

Exactly, as if it feels that there's something behind or intent out of those bans and prohibitions in regards those source of revenue out of those clubs. Its true that it could really affect the people financially

who are involved with this or simple make the situation even more harder.There are no other ways on where they could really get some source aside on those aforementioned above.

[batang_bitcoin]

If they don't like the exposure of gambling in their country then they can put the ban hammer instead doing doing things which isn't effective at all but affect the people financially who are living in that sector.

They cannot stop it even if they will stop the exposure of gambling. It's known and there will still be ways for gamblers to get on it but I agree about the worry for those people that are living on it.
If they ban it then there will be also those people who are working on this sector that will be badly affected. It's only an if and if they ban but they have to reconsider that there's a big loss for them.

[harizen]

If they don't like the exposure of gambling in their country then they can put the ban hammer instead doing doing things which isn't effective at all but affect the people financially who are living in that sector.

You should realize that putting a ban totally will make things much worst. You care for financial concerns but not looking at the post-effect if there will be a total ban. There's no mention that they don't like gambling exposure. They are just limiting the marketing content and it's not just Spain alone who approved it but the European Commission themselves.

It's stated that; "betting companies sponsoring teams and athletes had contributed to the ‘normalising’ of betting which has ‘serious health and social risks’. It claims that athletes' status as role models had led to an increase in gambling among young people aged 18 to 25, rising from 29 per cent to 40 per cent in the last four years. The amount of money spent by young people in Spain on gambling, meanwhile, had risen by 13 per cent annually."

And because of the pandemic, that number might be much higher since everyone is in their home. It's no secret that Europe is the most active in gambling during pandemic that's why everyone, at any age, got exposed to gambling.

[nikola22]

in theory raising the price of a good will supress demand, unless it's a Veblen good like some Wine bottles, maybe bitcoin
I don't think gambling would be a Veblen good, raising its price (due to taxes or something else) will probably make it less appealing for some

don't you think?

I don't think so because in Spain people love football and like placing bets on their favourite teams. now there are many crypto bookmakers that will offer similar services without attracting attention from local tax agency.

[EdenHazard]

The rumor has it since early 2021 but i thought the ban jas been lifted in july/august as ive seen the news about that.
but seeing some clubs like alaves didnt have a main sponsor in their shirt makes me confused.
so its still there ... the ban is still there i dont get it with the way such advanced country doing this . to protect the young citizen that in gambling crisis ? well i still dont understand with this method.

spain clubs just compounded pain through huge debts...

[Victorycoin]

For a long time there were no specific laws to regulate online gambling sites in spain the spanish government has begun to move towards regulating and legalizing online casino websites this led to the adoption of the relevant law online gambling in spain, which eventually established the foundation of licensed operators. It is very interesting to bet on the game of football in spain so the adoption of a tax will establish a new basis.

[aioc]

If they don't like the exposure of gambling in their country then they can put the ban hammer instead doing doing things which isn't effective at all but affect the people financially who are living in that sector.

That's not a good suggestion, it will harm existing gambling casinos and players, they will have to go underground and risk getting arrested, the gambling industry in every country have their loyal customers, and banning them will harm, not only their loyal players but people who are working in the casino but businesses that are working and affiliated to casinos, that's a huge number of people going unemployed, it's better that they follow the regulations and just hire more promoters and affiliates and rewards them for bringing in more players.

[peter0425]

https://www.sportspromedia.com/news/la-liga-betting-shirt-sponsors-2020-21-season

The new law has knocked down strongly all the preferred advertising options for betting business. They cannot, for example, be on a teams shirt nor celebrities from sports are allowed to promote betting houses or platforms. Also, the adds in TV can only be run late at night. Needless to say that is a torpedo on the finances of several teams and may affect their ability to recruit and maintain the right players.

Teams directly affected:

Alavés (Betway), Cádiz (Dafabet), Granada (Winamax), Levante (Betway), Real Betis (Betway), Sevilla (MarathonBet) and Valencia (Bwin).

maybe the main objective of the government here is to prevent the use of advertisement luring younger players.
because we knew that the use of these ads includes the risk of teenager to fall into gambling as they commonly seeing in celebrities or even in Televisions.

the Spain government only shows their best concern for their people not to become addicted as youngster are commonly the victim here.

[Findingnemo]

If they don't like the exposure of gambling in their country then they can put the ban hammer instead doing doing things which isn't effective at all but affect the people financially who are living in that sector.

You should realize that putting a ban totally will make things much worst. You care for financial concerns but not looking at the post-effect if there will be a total ban. There's no mention that they don't like gambling exposure. They are just limiting the marketing content and it's not just Spain alone who approved it but the European Commission themselves.

It's stated that; "betting companies sponsoring teams and athletes had contributed to the ‘normalising’ of betting which has ‘serious health and social risks’. It claims that athletes' status as role models had led to an increase in gambling among young people aged 18 to 25, rising from 29 per cent to 40 per cent in the last four years. The amount of money spent by young people in Spain on gambling, meanwhile, had risen by 13 per cent annually."

And because of the pandemic, that number might be much higher since everyone is in their home. It's no secret that Europe is the most active in gambling during pandemic that's why everyone, at any age, got exposed to gambling.

I know that the immediate ban of anything will burst the people who are addicted to it and they will become crazier than ever while my statement is that their real intention of doing this is not to limit the gambling activities because the casinos will find other way to promote if one way is getting banned that is what I really wanted to mention about.

[Lucasgabd]

in theory raising the price of a good will supress demand, unless it's a Veblen good like some Wine bottles, maybe bitcoin
I don't think gambling would be a Veblen good, raising its price (due to taxes or something else) will probably make it less appealing for some

don't you think?

I don't think so because in Spain people love football and like placing bets on their favourite teams. now there are many crypto bookmakers that will offer similar services without attracting attention from local tax agency.

I didn't say people don't love it, just said that raising the price (being with taxes or something else) will make less people to gamble, in Spain or anywhere else
I don't think gambling can be a Veblen good, unless some really specific forms of gambling (or degenerate trading)

[Dragonfund]

Surely Spain is denying themselves tax revenue from a valid past time.  I'd rather they tax betting in some form, allow business to advertise itself and reduce the load on vital natural businesses and people from excessive taxation and government debt which every modern western country seems to have in modern times.

The world is now a civilized place that every country would want to socialize its citizens except for the countries that are govern by detectors, last I check Spain doesn't have any similarities of China and some hard-core countries who restrict people in many things.
Gambling is one of the biggest industries where revenue are been generated, they can't choose to ignore the impact on the economy but regulation would have been better for the safety of everyone. The government that has always been about their pocket are claiming to be protecting her people, odd system of government.

[Silberman]

Surely Spain is denying themselves tax revenue from a valid past time.  I'd rather they tax betting in some form, allow business to advertise itself and reduce the load on vital natural businesses and people from excessive taxation and government debt which every modern western country seems to have in modern times.

I agree I understand that regulating the gambling industry is necessary but there is a difference between that and overregulation, and I think that is what we are seeing here, if people are abusing of gambling in any way or form then it is up to the government to take some measures like creating campaigns about the dangers of gambling compulsively or to do so at an early age, but to ban ads is a huge mistake as this affects too many industries while the benefits are minimal at best.