{"id":777008114,"date":"2023-08-11T07:40:51","date_gmt":"2023-08-11T10:40:51","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008114"},"modified":"2026-04-22T19:08:49","modified_gmt":"2026-04-22T22:08:49","slug":"australia-sportbet-increases-marketing-spend-ahead-of-potential-ads-ban","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/australia-sportbet-increases-marketing-spend-ahead-of-potential-ads-ban","title":{"rendered":"Australia: Sportbet increases marketing spend ahead of potential ads ban"},"content":{"rendered":"\n
Sportsbet increased its marketing spend by AU$19m in the first half of 2023.<\/p>\n\n\n\n\n\n\n\n
Australia.-\u00a0Sportsbet<\/strong>, one of the largest sports wagering companies in Australia, has increased its marketing spend while authorities debate the possibility of a ban on gambling ads<\/a>\u00a0in the country.<\/p>\n\n\n\n According to the financial report from Flutter, the Dublin-based parent company, Sportsbet increased its marketing spend by AU$19m in the first half of 2023 compared to the same period last year. Flutter said it had a strategic necessity to uphold the company’s market position in Australia due to the competitive nature of the country’s gambling market.<\/p>\n\n\n\n However, according to The Guardian, Reverend\u00a0Tim Costello<\/strong>, chief advocate of the\u00a0Alliance for Gambling Reform<\/strong>, claimed that the company was spending big on ads while it could before a ban is introduced.<\/p>\n\n\n\n He said: \u201c[Sportsbet] are being utterly irresponsible and that rise alone should destroy their social licence to operate.”<\/p>\n\n\n\n Earlier this week, Costello again called for\u00a0a complete ban on gambling ads<\/a>\u00a0arguing that they can influence young people.\u00a0Sportsbet argues that its marketing expenses are seasonally dependent and offer support to the racing and sporting sectors.\u00a0<\/p>\n\n\n\n