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[INTERNATIONAL] · United Kingdom, Brazil · 25 sources

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Entain urges Premier League clubs to end unlicensed gambling sponsorships

The gambling industry is facing scrutiny regarding its commercial practices and social impact. In the United Kingdom, Entain has formally urged 10 Premier League clubs to terminate sponsorship deals with unlicensed gambling operators. The company highlighted that 8XBet has become increasingly influential in English football, maintaining associations with five different clubs.

In Brazil, the rise of online betting, or 'bets', has emerged as a significant public health concern. Medical professionals are warning of the severe psychological impacts of gambling addiction, noting links to depression, anxiety, and increased risks of suicidal ideation due to financial losses. Neurosurgeons have explained that the addiction is driven by biological dopamine releases in the brain's reward system.

Research conducted by the Mixed Parliamentary Front on Education in Brazil reveals that online betting is increasingly prevalent among youth. Approximately 20.4% of students in the final years of elementary and high school have engaged in betting, with some children starting as young as 11 years old. Experts suggest that regulatory measures, such as advertising bans and increased taxation, may be more effective than individual behavior modification in mitigating these risks.

Entities

8XBet · Academia das Apostas · Bet365 · Entain · Hospital das Clínicas de São Paulo · Ministry of Finance · Premier League · Stake · Stake Brazil Ltda. · São Paulo

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17 days ago