Casinos Collect Jackpot on TV Spots
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The recent announcement that the UK will ban advertising from over a thousand online casino sites based in countries and territories that do not meet the UK regulatory standards regarding online gambling was initially received as a set-back. But as in any story, the coin has two sides to it. Banning some sites legitimizes advertisements by others.
The television companies in the UK are to benefit from the ban, by having online casino sites dubbed legit and welcome in the UK to advertise their sites. The September 1 date on which the ban will take effect has already had an effect of gaming groups lining up to book air-time on the UK television stations. Besides the new source of income for TV stations, estimated generously in the multimillion pound range, and the boost that advertising on TV will enjoy in these times when advertising campaign focus on the Internet, the gambling community will benefit as well. Online casinos, poker rooms, bingo sites, lotteries and bookmakers will launch campaigns on television and reach the general public who, even if will not go to the sites and play, will nevertheless be exposed to their existence and accept it as legitimate, alongside products such as laundry detergent, soft drinks and other products advertised on mainstream media. Estimates have the television broadcasters enjoying a 9 percent increase in business compared to the same period last year. This might very well affect the business of the various gambling sites as well. But above all, before the money is counted, it is a major step for the gambling community in its strides towards complete legitimacy. |
By banning some online gambling businesses from advertising in the UK, the law welcomes other sites and legitimizes the entire gambling community while doing so.
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