Britain’s biggest bookmaker, which is based in the island, has broken ranks with rivals by calling for an end to all sports TV advertising at any time of the day.
The call goes far further than the forthcoming pre-watershed, whistle-to-whistle advertising ban which is set to be introduced at the start of the 2019-20 football season in August.
GVC Holdings has also announced it is committed to ending any shirt sponsorship in football and banning perimeter ads boardings at football clubs.
The betting giant is owner of Ladbrokes and Coral.
Chief executive Kenny Alexander has issued a rallying cry to other companies to assist in helping to bring changes in and says it is ’high time’ that more was done.
He said: ’Whilst the vast majority of our customers enjoy our products responsibly, it is high time that the industry did more to protect its customers from potential harm.
’As the UK’s largest gambling company, and owner of Ladbrokes and Coral, we at GVC are doing exactly that.
’I call on our industry peers to help us bring about an end to broadcast advertising which promotes sports betting in the UK no matter the time of day.
’Increasing investment in research, education and treatment ten-fold by 2022, funding treatment centres and using technology to intervene before a problem develops, alongside our existing behavioural analytics, brings to life our commitment to be the most trusted and enjoyable betting operator in the world.
’The industry should and can do more to protect the vulnerable, and today’s announcement demonstrates GVC’s commitment to delivering on that.’
GVC has called for an end to all UK sports-betting broadcast advertising, at any time of the day, on live and repeated sporting events (except for horseracing).
Under GVC’s proposals advertising specifically promoting responsible gambling and safer gambling campaigns would be permitted, but strictly limited to one advertisement per commercial break.While GVC helped to bring about the new restrictions, the company believes they do not go far enough, and is therefore calling on its industry peers to join it in helping to revolutionise the marketing of gambling brands.
In addition to the call for a broadcast advertising ban, the group is also today announcing further initiatives, as part of its Changing for the Bettor safer gambling campaign to tackle the issue of gambling related harm head-on.
These include:
A shirt sponsorship and perimeter advert ban. GVC has committed to unilaterally ending all football shirt sponsorship deals with UK teams and banning perimeter board advertising at football grounds, to allow sporting fans to watch their favourite teams without seeing any incentives to bet. The company calls on its industry peers and UK football governing bodies to support this move and take action in this area.
Increased investment in RET (Research, education and treatment). Having been the first and only operator to commit to doubling spending on RET to 0.2% of UK gross gambling revenue in 2019, GVC has committed to raising this to 1% by 2022 - ten times the current minimum requirement.
Treatment centres - GVC is establishing a new independent trust with the aim of making charitable contributions to fund treatment of problem gambling. The Leon House centre in Manchester has been identified as the first preferred recipient.
Safer gambling software. To help those customers that are struggling with their gambling, GVC will offer the GamBan software, free to any individual who is showing signs of problematic play.
Business News reported last autumn that GVC was prepared to be at the vanguard of these issues, at an exclusive roundtable following the KPMG e-gaming summit.
The high-level panel discussion at the Comis Hotel included Lawrence Hanlin, director, regulatory assurance, at GVC.
Mr Hanlin told Business News that the group is committed to raising standards from the very top of the organisation. He hoped other gaming companies would be inspired by the lead being set by GVC. He said: ’Raising standards is, for me, about going back to basics.’