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Spanish Football Clubs Told to End Sponsorship Deals with Betting Companies

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Spanish football clubs sponsored by gambling firms have been advised to cancel their contracts before the end of the season in anticipation of a new law on gambling advertising, according to a letter sent by a government minister on Wednesday.

The letter, signed by the minister of consumer affairs Alberto Garzon and seen by Reuters, informs the clubs that contracts with gambling companies will be prohibited once the new royal decree is approved by a cabinet meeting and written into law.

The letter added that betting companies sponsoring teams and athletes had “contributed to normalising a practice with serious health and social risks which need to be minimised in the field of advertising.”

It said athletes’ status as role models had led to an increase in gambling among young people aged 18-25, rising from 29% to 40% in the last four years. The amount of money spent by young people on gambling, meanwhile, had risen by 13% annually.

Seven of the 20 teams in Spanish soccer’s top division La Liga are sponsored by gambling companies, including Europa League holders Sevilla and six-times league champions Valencia.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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