Summary
The UK government is considering banning sports teams, including Premier League clubs, from having sponsorships with gambling companies that don't have a UK license. This move aims to protect customers from risks associated with unlicensed gambling markets. A consultation on these proposals will be launched soon.
Key Facts
- The UK plans to ban sports sponsorships from gambling firms not licensed in the UK.
- Concerns include risks such as companies not following safety rules for customers.
- Issues include potential financial vulnerability and lack of data protection for users.
- Unlicensed betting is linked to organized crime and possible fraud risks.
- Some Premier League clubs like Bournemouth and Newcastle have sponsorships with such firms.
- The Gambling Commission previously warned clubs about ties with unlicensed operators.
- The consultation for these proposals will begin in the spring.
- Culture Secretary Lisa Nandy emphasizes the need for regulated gambling options.
