The gambling industry in the United Kingdom has endured months of criticism, some fair, some unfair. This is metastasizing into the notion that gambling is a Very Bad Thing and must be banned or heavily restricted. Labour deputy leader Tom Watson now claims that it should be regulated on a par with cigarettes.
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The UK government confirmed this week that it will review the law on allowing daytime TV advertising for sports betting and bingo, sparking concern within the industry. Broadcasters are also rightly concerned, having paid out significant sums of money to secure sports broadcasting rights on the assumption that they can recoup their investment through bookmaker advertising.