Another New Rule On Gambling Adverts Ban Celebrities and Sports Stars

[PX-Z]

I lost my saving and I didn't come back on my feet after so many years.
/...
its very risky

To use your savings in gambling is very wrong move and that is really too risky. Unless you are into sports betting which is way easier to win yet using your savings is still a wrong move. 

I want to say that I have paused gambling but I have not stopped. I have paused it as I was making loss day by day. So I have just paused gambling and I have decided to resume gambling again after several weeks/months. It is just my decision for now and this can be changed at any time.

So what's the purpose of yours to gamble for profit or just to entertain? As I see this is a good decision to paused temporarily, but the fact that you lost your money isn't entertaining at all. So what motivates you to continue gambling since it's a daily loss before the day you decided to paused.

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[erep]

I have stopped gambling too - I lost my saving and I didn't come back on my feet after so many years. The gambling has placed me in very serious trouble.
I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

Do you use all of your savings funds to gamble, it is the biggest risk factor because in gambling addiction it will be difficult to control emotions and greed that continues to trigger to say all-in to big bets without consideration, it is recommended that you adjust the proportion of funds that are appropriate for gambling and assume it's just entertainment without hoping to dream of getting rich from gambling, it's very impossible.

[ScamViruS]

My question is - is there any gambler in the forum who stopped gambling because they don't find gambling productive and rather risky.

I want to say that I have paused gambling but I have not stopped. I have paused it as I was making loss day by day. So I have just paused gambling and I have decided to resume gambling again after several weeks/months. It is just my decision for now and this can be changed at any time.

I have stopped gambling too - I lost my saving and I didn't come back on my feet after so many years. The gambling has placed me in very serious trouble.
I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

You put your savings into gambling which was never the right decision, you thought it was a big mistake of yours then. In any case, if you use full savings, you need to be aware of the guarantee of getting it back. Because if you lose the savings, there will be a lot of misery in your life, maybe you already understand that. If you create an extra attraction towards anything then you will naturally become addicted to it, in this case not just gambling. So when you are interested in something, you should know in advance about the consequences so that it does not happen later. Since you have already made a mistake, refrain from making the same mistake in the future.

[shasan]

I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

It is very bad (sorry to hear) that you have lost your savings by gambling. I always say that we should not use any fund on gambling which will effect our regular life if we loss it. We should be aware that if we play on the casino/sportsbook then we may win  and also we may loss. So, we should use only those fund which we can afford if we loss it.

[macson]

My question is - is there any gambler in the forum who stopped gambling because they don't find gambling productive and rather risky.

I want to say that I have paused gambling but I have not stopped. I have paused it as I was making loss day by day. So I have just paused gambling and I have decided to resume gambling again after several weeks/months. It is just my decision for now and this can be changed at any time.

I have stopped gambling too - I lost my saving and I didn't come back on my feet after so many years. The gambling has placed me in very serious trouble.
I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

the question is why are you so sure to put all your assets, even your savings on gambling?  learn to always manage money and only gamble with money you can lose.  love your family, time and money you already have.  other than that no one knows the future, don't take the risk of not having savings. thank you for reminding me, i will never gamble with all the money i have even though the gambling site is endorsed by celebrities or Sports stars.

[Johnyz]

I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

It is very bad (sorry to hear) that you have lost your savings by gambling. I always say that we should not use any fund on gambling which will effect our regular life if we loss it. We should be aware that if we play on the casino/sportsbook then we may win  and also we may loss. So, we should use only those fund which we can afford if we loss it.

This is the effect if you got the hyped from those advertisement, you became uncontrolled and seems to be more greedy even without thinking and making plans about your gambling activities. Banning celebrities from advertising gambling site is a good thing and can prevent a lot of addiction, gambling is not safe at all. Don’t ever put all your money in gambling, its too risky and you might regret it.

[goldkingcoiner]

Quoted from bbc.com news

https://www.bbc.com/news/business-60994728

Starting in October, gambling companies will not be allowed to use stars to target children under 18, the Advertising Practices Committee said.

Anyone with a "strong appeal" to young people, such as footballer Cristiano Ronaldo and Love Island star Chris Hughes, should not appear in advertisements.

The body representing betting companies said it welcomed the new rules.

Michael Dugher, chief executive of the Betting and Gaming Council (BGC) said the changes build on industry-led measures designed to "raise standards and ensure further protection in advertising."

The Advertising Practices Committee (CAP) said the "hard" new rules were part of its commitment to protecting young people and vulnerable audiences.

The new rules state that gambling and lottery advertisements must not "be a strong attraction to children or youth, especially by reflecting or being associated with youth culture".

References to video game content and gameplay popular with under-18s are also against the new rules.

There is opposition to gambling advertisements among some politicians, parents, and awareness campaigning groups around gambling addiction.

What impact will be received by gambling companies, both fiat and crypto, because we know that gambling companies use celebrities to boost the popularity of these gambling sites?

In terms of promotion, the gambling company may change its strategy in using these celebrities or use an age limit for those allowed to see these advertisements.

But from another perspective, it doesn't seem easy to do because children under 18 years old may already know how to see the ad. But indeed, the problem of gambling addiction is a very serious problem that needs everyone's attention. They can play gambling but with strict terms and conditions.

That seems extremely arbitrary to me. Who is to say which stars appeal to children and which ones do not? If the famous footballer, Cristiano Ronaldo is considered a child favorite star, even though like 98% of his fans are adults, then what about any stars in movies or shows? Children watch tv too.

I like that there is more concern about gambling and keeping children away from habits which can be harmful to their development, but in this case, it would rather seem like they are just using children as an excuse to give themselves dicator-like power over gambling casinos.

Or is there a list of "forbidden stars"?

[Saisher]

My question is - is there any gambler in the forum who stopped gambling because they don't find gambling productive and rather risky.

I want to say that I have paused gambling but I have not stopped. I have paused it as I was making loss day by day. So I have just paused gambling and I have decided to resume gambling again after several weeks/months. It is just my decision for now and this can be changed at any time.

I have stopped gambling too - I lost my saving and I didn't come back on my feet after so many years. The gambling has placed me in very serious trouble.
I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

the question is why are you so sure to put all your assets, even your savings on gambling?  learn to always manage money and only gamble with money you can lose.  love your family, time and money you already have.  other than that no one knows the future, don't take the risk of not having savings. thank you for reminding me, i will never gamble with all the money i have even though the gambling site is endorsed by celebrities or Sports stars.

You're not the only one with this kind of experience some even steals or sold everything they have thinking that they can recover they've loss they have this thinking that quitters never win which is wrong thinking and you will likely lose everything you've built your whole life before yu start betting you should understand the fact about gambling even casinos have warning in their TOS your loss is your responsibility.

[noormcs5]

I have stopped gambling too - I lost my saving and I didn't come back on my feet after so many years. The gambling has placed me in very serious trouble.
I would suggest everyone to be very careful while putting their assets in gambling. - its very risky - I have seen serious consequences. Being vigilant won't hurt.

Do you use all of your savings funds to gamble, it is the biggest risk factor because in gambling addiction it will be difficult to control emotions and greed that continues to trigger to say all-in to big bets without consideration, it is recommended that you adjust the proportion of funds that are appropriate for gambling and assume it's just entertainment without hoping to dream of getting rich from gambling, it's very impossible.

It has been said many times that only invest/play with the money which you can afford to lose. Many people think that they can become rich overnight and they try to gamble with everything they have. Usually, these people lose all in gambling and thus make their life more miserable.
Greediness can never make you rich and gambling is not a quick rich scheme. Few people might be lucky to gain big profits but most people end up losing their life savings.

[shasan]

i will never gamble with all the money i have even though the gambling site is endorsed by celebrities or Sports stars.

If any gamble site is endorsed by any celebrities or sports stars then that doesn't mean we will not make loss hence that can ensure us that will not scam us. If no one make loss then what will happen? how they(gambling site) will do their business, How they will make profit, how they will manage their cost?

[Crypto Library]

Everything has a time.  In this case, it is seen that many children follow the big sports players, many children consider them as idols . so they follow the advertisements more and more, in that case I think it is better to make this law so that the children do not become addicted .After that I can see that this law has been made only for UK.

[traderethereum]

I think its the influence of the celebrities that they are trying to lessen the effect. Kids will always learn gambling from peers no matter how we prevent that from happening, eventually they'd find their way to wager something but its still good to have such law. Fans do buy what the celebrities promote.

We often see fans doing what celebrities do regardless of whether it's good or bad.
Besides the curiosity factor, fans see it's something cool if they can follow their idols so we can see a lot of different cases of fans trying to follow their idols.
But kids who often see celebrities plastered on a lot of media or advertisements will get the influence and effect and if it's about gambling, they can ask their peers.
It can have a bad effect because their peers do not necessarily know what they want, so children need the help of their parents or older people.

[Reatim]

Everything has a time.  In this case, it is seen that many children follow the big sports players, many children consider them as idols . so they follow the advertisements more and more, in that case I think it is better to make this law so that the children do not become addicted .After that I can see that this law has been made only for UK.

this is the main objective of this New rule and i think this is appropriate in our time now because involvement in gambling nowadays are becoming younger and younger , so it must be prevented and also Laws against gambling is very weak nowadays that any people can deal playing even without a need to provide their Identity meaning specially in Online gambling that even kids can literally play without exposing their ages and character.

[VanityWallets2015]

I think they should also add a new rule about gambling sites to strengthen their security towards younger or underage players and for me checking the box that says "Are you 18 years old and above?" is not enough as a security check.

[PX-Z]

I think they should also add a new rule about gambling sites to strengthen their security towards younger or underage players and for me checking the box that says "Are you 18 years old and above?" is not enough as a security check.

Of course, it's not enough.

Can you recommend for a better or best option to detect the age <18 without undergoing KYC? Nah, I bet you cannot and everyone cannot.

KYC is their only choice with a kind of strict KYC, like short video verification, ID selfie and many more wc is annoying in any customers part exposing yourself and personal information is always a big no for me. U0nless it's really a financial related services that you can benefit a lots.
That's why if you're a minor better to avoid such gambling addiction and choose different kind of entertainment coz you will end getting bet up and lossing funds locking in the gambling platform.

[Silberman]

Given their fame and the amount of influence these guys have, I partly agree that they shouldn't partake in any activity promoting and advertising gambling. Though their target market is obviously the adults which can gamble, there is no way that they can control what the youngsters can see online or in the TV. Most of the time when young people see their idols advertise something, they tend to want it, or copy whatever it is that their idol is doing because they think it can make them look cool. Then again it's really a controversial law because it only targets the gambling sector and not other sectors which may also have a negative effect on the young population (liquors, tobacco-based stuff, etc.)

In some countries tobacco related products cannot advertise anywhere so that is not a problem, however I agree that if they are going to take such a hard stance against gambling then they would need to do the same against alcohol, after all in many countries driving while under the influence of alcohol is the main cause of death among the young, so it would make sense to also put some regulations when it comes to alcohol ads, taking into account alcohol seems way more damaging to the young than gambling.

[magneto]

Is it just in the UK?

There are plenty of other jurisdictions where this is completely legal, for better or for worse.

But at the end of the day I think banning these sort of influencers from dabbling in gambling ads would be counterproductive - you need to regulate it positively. Just think about the other (often shady) ways that advertisements will soon pop up, for instance youtube influencers getting sponsorship deals & house money to play with.

Yes, it is in the UK ....

I wonder what will now happen with Watford in the Premier league, because they are sponsored by Stake.com? Does this only apply to individuals and teams... or only individuals?

I can see why they are doing this, but it will not help if they are only doing it in the UK. There are millions of underage kids in the UK that are watching other Sports that are sponsored by casinos and gambling. (UFC / Baseball / Basketball ....etc) 

Exactly lol. And you've also got celebrities who are not directly affiliated but rather promote the casinos in some other way.

I don't necessarily agree with how this is carried out, I think the scope is way too narrow to be effective and they probably should just do without this.

It seems like a very wishful request to think that the industry will just die down as a result of these marketing restrictions.

[Maslate]

I think they should also add a new rule about gambling sites to strengthen their security towards younger or underage players and for me checking the box that says "Are you 18 years old and above?" is not enough as a security check.

How would you like it to be? I thought we don't like a gambling site that requires more details from gamblers, we are in the crypto space so we would like to enjoy a gambling site that gives us the freedom to gamble anonymously.

[passwordnow]

I think they should also add a new rule about gambling sites to strengthen their security towards younger or underage players and for me checking the box that says "Are you 18 years old and above?" is not enough as a security check.

The ad rule and yours are entirely different. The banning of casino sponsors for those celebrities and athletes are limiting their potential income. Especially to those athletes that are very known. But this is just limited to a certain area but still a decrease of sponsor is also decrease in profit for them.
Let's go to that rule you've said, well, a kid would just simply check that box without any prove that he's 18 or above, that easy.

[Wind_FURY]

Quoted from bbc.com news

https://www.bbc.com/news/business-60994728

Starting in October, gambling companies will not be allowed to use stars to target children under 18, the Advertising Practices Committee said.

Anyone with a "strong appeal" to young people, such as footballer Cristiano Ronaldo and Love Island star Chris Hughes, should not appear in advertisements.

The body representing betting companies said it welcomed the new rules.

Michael Dugher, chief executive of the Betting and Gaming Council (BGC) said the changes build on industry-led measures designed to "raise standards and ensure further protection in advertising."

The Advertising Practices Committee (CAP) said the "hard" new rules were part of its commitment to protecting young people and vulnerable audiences.

The new rules state that gambling and lottery advertisements must not "be a strong attraction to children or youth, especially by reflecting or being associated with youth culture".

References to video game content and gameplay popular with under-18s are also against the new rules.

There is opposition to gambling advertisements among some politicians, parents, and awareness campaigning groups around gambling addiction.

What impact will be received by gambling companies, both fiat and crypto, because we know that gambling companies use celebrities to boost the popularity of these gambling sites?

In terms of promotion, the gambling company may change its strategy in using these celebrities or use an age limit for those allowed to see these advertisements.

But from another perspective, it doesn't seem easy to do because children under 18 years old may already know how to see the ad. But indeed, the problem of gambling addiction is a very serious problem that needs everyone's attention. They can play gambling but with strict terms and conditions.

That seems extremely arbitrary to me. Who is to say which stars appeal to children and which ones do not? If the famous footballer, Cristiano Ronaldo is considered a child favorite star, even though like 98% of his fans are adults, then what about any stars in movies or shows? Children watch tv too.

It is, but I believe it would be safe to say that the biggest sports celebrities like Ronaldo, or Lebron James have the kind of "star appeal" that appeals to minors. Young people idolize them to the point that they sometimes become a role model.

I like that there is more concern about gambling and keeping children away from habits which can be harmful to their development, but in this case, it would rather seem like they are just using children as an excuse to give themselves dicator-like power over gambling casinos.

Or is there a list of "forbidden stars"?

I believe not. Because they do have a point. There was also the same kind of prohibition in how to advertise cigarette brands which was very effective in lowering smoking rates in young people.