Tabcorp proposed to stop peak time advertising

Tabcorp proposed to stop peak time advertising

Summary:

Tabcorp has called for more restrictions to be placed on the amount of ads that can be placed during the hours of 6.30 am and 8.30 pm. Tabcorp stated in its own submission, “Australian families and children should be able to watch live sport and television without being bombarded by gambling advertising.”

Tabcorp has called for more restrictions to be placed on the amount of ads that can be placed during the hours of 6.30am and 8.30pm.

According to submissions made to a federal parliamentary inquiry into gambling, media broadcasters don’t agree with the idea that further restrictions will cut into revenues and limit the services that they provide.

The new Labor government has begun to place further restrictions on gambling advertising in a bid to reduce the harms of problem gambling. According to data from The Australian Institute of Health and Welfare, local gamblers lose around $25 billion each year.

Commercial Radio and Audio supports the reduction of problem gambling. It feels like the Commercial Radio Code of Practice is strict enough.

The industry’s ability to provide local and national news may be limited by further advertising restrictions, according to the submission.

The inquiry was told that broadcasters are strictly regulated under the Commercial Television Industry Code of Practice. Gambling advertising on broadcast television is restricted in the code to provide protection to vulnerable viewers.

Free TV said that in a submission to the inquiry.

The current framework for gambling advertising on television is appropriate. Commercial broadcasters should not be subject to further restrictions. Any further restrictions would have significant revenue implications for Australian TV networks and their ability to invest in sports, news, and current affairs.

Tabcorp stated that in its own submission.

Australian families and children should be able to watch live sport and television without being bombarded by gambling advertising. Online and on social media advertising of betting products and brands is a growing concern. It is largely beyond the reach of any one state or territory, and there should be a nationally consistent framework to regulate it.

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