Australian Prime Minister Malcolm Turnbull has confirmed that the country will introduce a ban on gambling advertisements on television, radio and the internet during sports events broadcast live before 8:30pm.
Australia’s Parliament reopens today and the countdown to the passing of the country’s new anti-gambling legislation has well and truly started, with some operators already withdrawing from the market.
Last year saw industry advertising come under increased political, regulatory and public scrutiny. Chris Elliott and Beth French of Wiggin LLP look at the main developments and how they might impact stakeholders in 2017.
IG Group has responded to the introduction of new advertising regulations by the French Autorité des marchés financiers (AMF) regulatory body, saying it does not believe such measures will have a negative impact on business.