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Gambling shares down in UK following ad ban

Gambling shares down in UK following ad banReading Time: 1 minute

 

The shares of gambling firms were down in the UK following reports about a proposed ban on gambling advertisements in television during sports broadcasts.

Shares of William Hill and 888 fell by almost 3 and 5 per cent, respectively. GVC’s shares lost 5.6 per cent of its values. Media reports suggest that these three companies and other members of the Remote Gaming Association (RGA) had agreed with the advertisement ban. RGA has since clarified that these are rumours. However, it does not seem to convince the stock exchange.


Source: Latest News on European Gaming Media Network

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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