Belgium set to ban gambling adverts from July

Belgium set to ban gambling adverts from July

Belgium has announced a tough new ban on gambling advertisements, in a bid to tackle gambling addiction and debt. The first steps of the measure will be implemented from 1 July 2023.

An estimated 23.71% of the Belgian population took part in sports betting between October 2021-2022, according to a survey by TGM Sports Betting.

Belgian Minister of Justice Vincent van Quickenborne welcomed the decree, stating that “the measure is necessary because it must to put an end to the trivialisation and normalization of gambling.”

The ban will span across various different plaforms – including TV advertisements, social media and public signs.

Sponsorships of sports clubs by gambling companies will also be regulated under the plan. 

“Nevertheless, a transition period is planned for the sports sector to allow it to adapt to the new reality. We did it well at the time for tobacco advertising and it worked”, stated Quickenborne, who was forced into hiding last year due to threats made by drug cartels. 

Under the new legislation, gambling advertising games will be prohibited in stadiums from January 2025, with the ban extending to professional sports clubs from January 2028. 

Tax rules will also be tightened as sponsorship expenses will no longer be deductible for gambling companies.

In 2022, Europe’s gambling market revenue reached €108,5 billion gross revenue. This represents an 8% increase from pre-pandemic gambling levels in 2019, according to the European Gaming and Betting Association (EGBA).

Source

Leave a Reply

Your email address will not be published. Required fields are marked *