Spanish soccer clubs sponsored by betting companies 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 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 decree, which affects all sports in Spain, contains a transition period which ends when the current season terminates next May.
It said athletes' status as role models had led to an increase in gambling among young people aged 18-25, rising from 29per cent to 40per cent in the last four years. The amount of money spent by young people on gambling, meanwhile, had risen by 13per cent annually.
ditto .premierleague clubs. Reason why I’m getting the training kit instead of game jerseys
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