Regulation

Ban on gambling sponsorships in sport would be “gratuitously sadistic”


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Victoria Hewson quoted in the Financial Times

Tax and Fiscal Policy

Christopher Snowdon writes for CapX

Government Ministers are supposedly  considering a ban on gambling sponsorships in sport, putting many sports at risk of losing huge financial investment.

Writing for CapX, IEA Head of Lifestyle Economics Christopher Snowdon said: “The financial damage that will be done to sport by having an entire sector excluded from sponsorship will be enormous”.

Although big sports clubs are likely to survive a gambling sponsorship ban, Snowdon argues it could be the death knell for lower league clubs who are “hanging by a thread after a year of playing to empty terraces”.

Read Christopher Snowdon’s full article here.



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